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 settled lower by -0.5% at Rs 153,046 yesterday, as investors assessed new U.S. economic data and its implications for Federal Reserve policy, in the wake of President Trump’s nomination of Kevin Warsh as the next Fed chair. In light of the postponement of significant labour-market reports this week, attention turned to the ADP data, 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
Gold prices experienced a notable recovery, closing with an increase of 1.74% at Rs 1,38,120, bolstered by anticipations of additional US interest rate reductions in 2026 and ongoing demand for safe-haven assets. The metal has experienced a remarkable increase of nearly 65% over the past year, with momentum intensifying following the imposition of broad global Read More
Gold prices experienced a decline of 0.89%, settling at Rs 1,35,447, primarily due to profit booking following an extraordinary rally. Nevertheless, the metal is poised for its most robust annual performance in over forty years. Gold has experienced a remarkable increase of nearly 70% this year, with momentum gaining traction following the implementation of global Read More
Gold prices experienced a significant correction, closing lower by 3.53% at Rs 134,942, as investors took profits and the perception of eased geopolitical risks reduced the demand for safe-haven assets. Sentiment deteriorated following US President Donald Trump’s announcement of advancements in discussions with Ukrainian President Volodymyr Zelensky regarding a possible peace agreement, despite the persistence Read More
