Gold Gains as Oil and Bond Yields Ease Ahead of Fed Decision

Bullions Updates

Gold concluded the trading session with a 1.1% increase, reaching Rs 1,52,470. This uptick occurred as the momentum in oil prices and bond yields began to wane in anticipation of the forthcoming US Federal Reserve policy decision. Additionally, persistent supply Read More …

Gold Gains as Dollar Weakness Supports Prices

Bullions News

Gold settled 0.78% higher at Rs 153,763, buoyed by a weaker US dollar as investors evaluated renewed inflation risks stemming from escalating tensions in the Middle East and anticipated key US inflation data for additional insights into the Federal Reserve’s Read More …

Gold Drops as Robust US Jobs Data Boosts Dollar

Bullions Updates

Gold prices settled sharply lower by 1.93% at Rs 152,767, influenced by stronger-than-anticipated U.S. employment data that heightened expectations of a Federal Reserve interest-rate increase as soon as September. U.S. job growth accelerated significantly in August, while the unemployment rate Read More …

Gold falls as Fed Chair Warsh suggests raising rates to curb inflation

Bullions Updates

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 …