Gold prices experienced an upward movement, concluding with a gain of 0.83% at Rs 137,885 after reaching a new all-time high, bolstered by anticipations of a more accommodative US monetary policy and increased geopolitical tensions. Market confidence has bolstered regarding the Federal Reserve’s potential implementation of two 25-basis-point rate cuts in the upcoming year, as Read More
Gold prices experienced a slight decline, closing down by 0.28 per cent at Rs 134,521, as traders took profits following the recent rally, even in the context of a generally favorable macroeconomic and geopolitical environment. The yellow metal maintains its foundational support due to anticipations of additional U.S. monetary easing and ongoing global uncertainties. Federal Read More
Gold prices increased by 0.36 percent to close at Rs 134,894, as investors continued to consider the likelihood of further monetary easing by the US Federal Reserve in the coming year. Recent US labour market data indicated a continued cooling trend, as the unemployment rate unexpectedly increased to 4.6 percent in November, while wage growth Read More
Gold prices concluded the trading session with an increase of 0.38%, reaching Rs 134,130, bolstered by rising anticipations of additional monetary easing from the U.S. and ongoing demand from the official sector. Recent indicators of a slowdown in the U.S. labor market have bolstered market expectations that the Federal Reserve may implement two rate reductions Read More
