As rising U.S. Treasury yields diminished the appeal of non-yielding metal, gold closed considerably lower by 1.77% at Rs 151,729, extending losses. U.S. Treasury yields have reached their peak since January 2025, driven by escalating tensions in the Middle East Read More …
Gold prices settled down 1.17% at Rs 154,460, pressured by a hawkish shift in U.S. Federal Reserve expectations after Chair Kevin Warsh indicated that interest-rate hikes may be required if inflation fails to move convincingly toward the 2% target. Markets Read More …
Gold prices closed significantly lower by 1.98% at Rs 159,663 as investors reevaluated the Federal Reserve’s interest-rate perspective in light of robust US economic data that exceeded expectations. The July PCE price index rose by 0.2% month-on-month, surpassing expectations of Read More …
Gold settled down 0.21% at Rs 162,882, influenced by profit-taking and a stronger dollar in anticipation of the U.S. Personal Consumption Expenditures inflation data and Federal Reserve Chair Kevin Warsh’s comments at the Jackson Hole symposium. Despite the recent short-term Read More …
Gold concluded the trading session with a 0.68% increase, reaching Rs 154,506. This uptick was bolstered by a depreciating US dollar and diminished anticipations regarding a Federal Reserve rate increase, following inflation data from the US that largely met expectations. Read More …
Gold settled 0.73% higher at Rs 154,882, buoyed by a weaker dollar following U.S. inflation data that aligned with forecasts, thereby bolstering the view that the Federal Reserve might maintain interest rates at their current level in September. In July, Read More …
Gold prices concluded the trading session with a 0.44% increase, reaching Rs 153,765. This uptick was bolstered by diminishing expectations surrounding Federal Reserve rate hikes and reports indicating that China’s central bank augmented its gold purchases in July. Investors maintained Read More …
Gold prices concluded the trading session at Rs 153,099, reflecting an increase of 0.84%. This uptick was bolstered by disappointing U.S. jobs data, which tempered anticipations regarding imminent rate hikes by the Federal Reserve. The U.S. economy unexpectedly shed jobs Read More …
Gold prices commenced higher for the third consecutive session on the MCX on Thursday, buoyed by a depreciating U.S. dollar, declining Treasury yields, and softening oil prices, amidst increasing optimism regarding the reopening of the Strait of Hormuz. In the Read More …
Gold prices extended gains on the MCX for a second consecutive session on Wednesday, as oil prices declined for a third straight day, alleviating inflation concerns. Investors are currently anticipating the forthcoming U.S. jobs data for new insights regarding the Read More …
