Gold Slides as Energy Inflation Worries Keep Investors on Edge

Bullions Updates

Gold settled 0.52% lower at Rs. 139,452, as energy-driven inflation concerns and expectations of further Federal Reserve monetary tightening exerted downward pressure on prices ahead of the US midterm elections. Comments from three Federal Reserve officials advocating for further rate Read More …

Gold Prices Sink 2.88% as US Inflation Fuels Fed Rate Hike Bets

Bullions Updates

Gold prices experienced a significant decline of 2.88%, closing at Rs 138,485. This drop was influenced by increasing prices and stronger-than-anticipated US inflation data, which bolstered expectations for additional monetary tightening by the Federal Reserve. US inflation accelerated in September, Read More …

Gold Falls 0.77% to Rs 142,596 as Fed Rate Hike Fears Persist

Bullions Updates

Gold settled 0.77% lower at Rs. 142,596, influenced by ongoing inflation concerns and anticipations of additional US interest rate increases. The Federal Reserve kept interest rates unchanged but maintained the possibility of a December hike, with traders pricing in nearly Read More …

Gold Gains as Central Bank Buying Supports Outlook

Bullions Updates

Gold settled higher by 0.74% at Rs 144,138, buoyed by declining prices that alleviated inflation concerns in anticipation of the US Federal Reserve’s policy meeting. However, gains were constrained by elevated Treasury yields, as market participants continued to express concerns Read More …

Gold Soars as Lower Oil Prices Calm US Inflation Worries and Boost Sentiment

Latest Commodity News

Gold settled 0.74% higher at Rs. 143,073, gaining Rs. 1,049 as softer oil prices eased inflation concerns ahead of this week’s Federal Reserve policy meeting. Investors are assessing the Federal Reserve’s interest rate path amid the persistent tensions in the Read More …

Gold Slips to Rs 142,024 as Fed Rate Fears Offset Central Bank Buying

Bullions Updates

Gold settled 0.9% lower at Rs. 142,024 as rising prices and stronger-than-expected US consumer and producer inflation reinforced expectations of prolonged elevated Federal Reserve interest rates, exerting downward pressure on bullion. While the Federal Reserve is anticipated to maintain its Read More …

Gold Dips as Oil Surge Sparks Inflation Worries Before Fed Decision

Bullions Updates

Gold prices concluded the session at Rs 143,309, reflecting a decline of 1.9%. This drop can be attributed to escalating crude oil prices, which have intensified inflation worries in anticipation of the Federal Reserve’s policy meeting scheduled for October 27-28. Read More …

Hot US Inflation Lowers Gold Prices Increases Fed Expectations

Bullions News

Gold settled sharply lower by 1.75% at Rs 145,848, influenced by stronger-than-expected US inflation data that bolstered expectations of a more stringent Federal Reserve monetary policy. In September, the year-on-year US CPI inflation rose to 3.7%, exceeding the expected 3.6%. Read More …