Gold prices experienced a significant drop of 2.48%, closing at Rs 155,594. This decline was influenced by a stronger-than-anticipated US employment report, which bolstered expectations for a more stringent monetary policy. The US economy experienced an addition of 172,000 jobs in May, surpassing market expectations of 85,000. Meanwhile, the unemployment rate held steady at 4.3%, Read More
Gold and silver prices commenced on a positive note on the Multi Commodity Exchange this Thursday, buoyed by a weaker U.S. dollar and declining crude oil prices, which provided a favourable backdrop for the precious metals. Investors also considered the renewed optimism surrounding a potential resolution to the U.S.-Israeli conflict with Iran. In the domestic Read More
Gold prices experienced a decline of 0.92%, settling at Rs 157,616. This movement reflects the increasing expectations surrounding higher U.S. interest rates, coupled with ongoing inflation concerns that are tied to geopolitical tensions in the Middle East. Escalating uncertainty surrounding U.S.-Iran peace negotiations has led to a more than 3% increase in Brent crude prices, Read More
Gold prices experienced a notable decline of 2.12%, closing at Rs 158547, as increasing U.S. Treasury yields and a strengthening dollar diminished the allure of bullion as a safe-haven investment. Ongoing tensions in the Middle East, coupled with rising crude oil prices, have intensified inflation worries, prompting markets to significantly discount the possibility of Federal Read More
Gold prices concluded the trading session with a slight decline of 0.13%, settling at Rs 161,978, as market participants kept a vigilant eye on the unfolding discussions between US President Donald Trump and Chinese President Xi Jinping. Market sentiment exhibited a degree of caution following Trump’s assertion that Xi had consented to provide Iran “with Read More
Gold prices fell by 1.33% to close at Rs 149,339, continuing their downward trend even amid ongoing geopolitical tensions in the Middle East. Rising risks in the Strait of Hormuz and ongoing conflict have propelled energy prices upward, amplifying global inflation worries. This has bolstered expectations that significant central banks might sustain high interest rates Read More
Gold prices declined by 0.64%, closing at Rs 151,721, as market participants exercised caution in anticipation of significant global central bank meetings. Ongoing robustness in crude oil prices has heightened apprehensions that inflationary dynamics may compel a more aggressive approach from policymakers, thereby constraining potential gains in bullion. Market participants are meticulously observing policy signals Read More
Gold prices exhibited an increase, concluding the session up by 0.95% at Rs 154,609, buoyed by a reduction in geopolitical tensions following Iran’s reopening of the Strait of Hormuz. The development prompted a significant correction in crude oil prices, resulting in a decline exceeding 10%. This adjustment contributed to alleviating immediate inflation worries and enhancing Read More
Gold prices declined by 0.56%, closing at Rs 1,53,948, as investors responded to the latest updates regarding US-Iran peace negotiations. Reports indicating advancements in extending the ceasefire, alongside ongoing negotiations concerning Iran’s nuclear program and the Strait of Hormuz, have diminished the immediate demand for safe-haven assets. Nonetheless, the downside appeared constrained as the dollar Read More
Gold experienced a decline of 0.51%, concluding at Rs 152,652, as investors exhibited caution in light of ongoing developments in the Middle East and assessed the most recent US inflation figures. In March, the Consumer Price Index experienced a significant increase of 0.9%, marking the largest monthly rise since June 2022, which elevated the annual Read More
Gold prices increased by 0.99% to close at Rs 1,51,776, as markets recalibrated their views on geopolitical risks following U.S. President Donald Trump’s indication of a temporary de-escalation by consenting to a two-week pause in military action against Iran. The action alleviated short-term pressures and created opportunities for dialogue, thereby bolstering bullion. Simultaneously, apprehensions regarding Read More
Gold prices experienced a notable rebound, increasing by 1.95% to close at Rs 153,708. This rise was bolstered by a depreciating dollar and a reduction in geopolitical tensions following Donald Trump’s suggestion that the conflict with Iran might de-escalate in the coming weeks. Nonetheless, in light of this optimism, persistent high energy prices maintain inflationary Read More
Gold prices experienced a significant increase, closing up 3.33% at Rs 147,255, largely attributed to the reduction in geopolitical tensions following Donald Trump’s postponement of potential military action against Iran and the extension of the negotiation deadline to April 6. The transient alleviation in the Strait of Hormuz, coupled with constrained oil flow interruptions, bolstered Read More
Gold prices declined by 0.32% to settle at Rs 1,44,492, continuing their recent downturn as escalating geopolitical tensions and inflation worries altered market expectations towards a more hawkish monetary stance. The recent escalation in the Middle East, marked by an uptick in U.S. military deployment, has led to a rise in energy prices and heightened Read More
Gold prices experienced significant downward pressure, falling 1.9% to close at Rs 1,53,025, as robust U.S. producer inflation data bolstered expectations for a continued hawkish approach from the Federal Reserve. A 0.7% increase in wholesale prices has driven Treasury yields closer to 4.2%, bolstering the dollar and raising the opportunity cost associated with holding non-yielding Read More
Gold prices declined, closing 1.13% lower at Rs 158,466, as investors assessed ongoing geopolitical tensions in the Middle East in relation to indications of decelerating economic growth in the United States. Despite the ongoing concerns regarding inflation fueled by elevated crude oil prices, revised data indicates that U.S. GDP growth for Q4 2025 has decelerated Read More
Gold prices experienced a decline in the previous session, closing 0.93% lower at Rs 161,789, influenced by a strengthening U.S. Dollar Index, which remained near highs observed following the escalation of tensions between the United States and Iran earlier this month. The appreciation of the dollar diminished the attractiveness of bullion, as investors exercised caution Read More
