Gold Rises as Fed Rate Hike Fades and China Boosts July Buys

Bullions News

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 Extend Losses as Oil Surge Fuels Rate Hike Fears

Bullions Updates

Gold prices continued their downward trend for a second consecutive session on the MCX on Friday, coinciding with Brent crude surpassing $100 a barrel. This development has heightened inflation concerns and bolstered expectations that interest rates may persist at elevated Read More …

Gold Falls Below Key Levels Amid Geopolitical Risks

Bullions Updates

Gold and silver prices commenced trading on the Multi Commodity Exchange on Wednesday with a decline, as a resurgence of tensions in the Middle East propelled crude oil prices upward. This development has intensified worries that inflationary pressures may sustain Read More …