Gold Dips as Weak US Jobs Data Strengthens Fed’s Steady Rate Outlook

Bullions Updates

Despite weaker-than-expected US jobs data, gold fell 0.71% to Rs 149,316 as markets assessed the Federal Reserve’s interest-rate outlook. Recent labor-market indicators imply stability, but persistent inflation remains the Fed’s principal concern, raising monetary policy uncertainty, said Chicago Fed President Read More …

Gold Drops as Oil Prices Fuel Inflation Worries and Fed Rate Hikes

Bullions News

Gold prices experienced a notable decline of 2.86%, closing at Rs 1,48,897. This drop reflects ongoing selling pressure, driven by increasing oil prices that have intensified inflation worries and bolstered anticipations of additional rate hikes by the Federal Reserve. The Read More …

Gold Dips as Strong Producer Prices Fuel Fed Rate Hike Expectations

Bullions News

Gold prices concluded the trading session with a decline of 0.92%, settling at Rs 1,52,341. This movement was influenced by stronger-than-anticipated US producer inflation, which has heightened expectations for a more stringent policy stance from the Federal Reserve in the Read More …

Gold Gains as Treasury Buybacks Weaken Dollar and Yields

Bullions News

Gold settled 0.9% higher at Rs 159,425, buoyed by an unexpected liquidity manoeuvre from the US Treasury that resulted in lower bond yields and a weaker dollar. However, the ascent was tempered by increasing oil prices and assertive signals from Read More …

Gold Climbs to Two-Week High After Soft US Payrolls Report

Bullions Updates

Gold and silver commenced trading on a positive note on MCX on Friday, as disappointing U.S. labour market data led investors to reassess their projections regarding additional interest rate increases by the Federal Reserve. In the domestic market, silver futures Read More …