Gold prices experienced a modest increase, closing up by 0.15% at Rs 1,38,097, buoyed by anticipations of additional monetary easing from the US Federal Reserve and heightened geopolitical tensions. US economic growth demonstrated resilience in the third quarter, with GDP expanding at an accelerated rate, while labor market indicators persisted in showing a gradual moderation. Read More
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 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
