Gold experienced a decline of 3.73%, closing at Rs 1,52,836, influenced by a robust U.S. dollar and positive labor market data that diminished expectations for imminent rate reductions by the Federal Reserve. In January, U.S. job growth exceeded expectations, and the unemployment rate decreased to 4.3%, bolstering the view that the Federal Reserve might maintain Read More
Gold experienced a rally of 1.24%, concluding at Rs 1,58,755. This movement was bolstered by a decrease in U.S. 10-year Treasury yields, which reached a near one-month low following disappointing core retail sales data and downward revisions for previous months. Softer economic readings have bolstered expectations that the Federal Reserve may consider rate cuts later Read More
Gold prices experienced a decline of 0.8%, settling at Rs 1,56,803, as enhanced global risk sentiment bolstered equities and diminished the demand for safe-haven assets. Market participants are meticulously observing forthcoming U.S. economic data, which may offer additional insights into the Federal Reserve’s interest rate path. Market expectations are currently skewed towards the anticipation of Read More
Gold prices concluded the trading session with an increase of 1.68%, reaching Rs 158,066. This uptick was largely driven by a depreciating U.S. dollar and a renewed emphasis on the interest-rate trajectory in anticipation of significant U.S. economic data set to be released this week. Sentiment was further bolstered following remarks from San Francisco Fed Read More
Gold prices experienced a further decline, closing down by 0.64% at Rs 152,071, as renewed selling pressure surfaced in response to cautious signals from the US Federal Reserve. Fed Governor Lisa Cook’s comments opposing immediate rate cuts, highlighting ongoing inflation risks, strengthened anticipations of a more gradual easing cycle. Sentiment was further shaped by President Read More
Gold prices yesterday settled sharply lower by 2.55% at Rs 143,991, influenced by a strong U.S. dollar as investors evaluated the policy direction under President Donald Trump’s nominee for Fed chair, Kevin Warsh. Market participants anticipate a measured stance regarding rate reductions, alongside a tendency towards maintaining a more compact Federal Reserve balance sheet. In Read More
Gold prices experienced a significant increase, closing at Rs 1,65,915, reflecting a rise of 5.21%. This movement can be attributed to a declining U.S. dollar and an escalation in geopolitical and policy uncertainties, which in turn enhanced demand for safe-haven assets. The dollar declined to a four-year low following indications from U.S. President Donald Trump Read More
Gold prices continued their upward trajectory, closing with an increase of 1.07% at Rs 1,57,699, bolstered by robust safe-haven demand in the context of rising trade and geopolitical tensions. New apprehensions surfaced following U.S. President Donald Trump’s warning of potential tariff increases on automobiles, lumber, and pharmaceuticals imported from South Korea, alongside a hike in Read More
Gold prices experienced a slight decline, closing 0.42% lower at Rs 142,517, as the demand for safe-haven assets diminished and the anticipation of a forthcoming U.S. Federal Reserve rate cut weakened. Geopolitical risk premiums have diminished as U.S. President Donald Trump indicated a potential postponement of military action against Iran, in light of Tehran’s reassurances Read More
Gold prices experienced a slight decline, closing down by 0.19% at Rs 137,742, as investors adjusted their positions in anticipation of futures selling associated with the annual commodity index rebalancing. Additionally, a stronger U.S. dollar exerted further pressure by increasing the cost of the metal for international purchasers. The dollar remained close to a one-month Read More
