Gold prices experienced a decline of 0.52%, settling at Rs 154,784, as apprehensions mount regarding the potential necessity for the U.S. Federal Reserve to implement additional interest rate hikes in response to persistently high inflationary pressures. Market sentiment was influenced by renewed geopolitical tensions in the Gulf region, which pushed crude oil prices higher and Read More
Yesterday, gold fell 0.2% to Rs 159080 as investor sentiment was still influenced by ongoing concerns about inflation and the uncertainty surrounding the Middle East war. After US President Donald Trump hinted at potential movement toward a peace deal with Iran, markets responded cautiously, but traders remained doubtful of any immediate settlement. Stronger-than-expected US inflation 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 experienced a decline of 0.65%, settling at Rs 149,050. This movement is indicative of the ongoing pressures stemming from persistent inflation concerns and the anticipation of sustained higher interest rates. Rising geopolitical tensions in the Middle East, especially regarding U.S.–Iran developments, contributed to uncertainty; however, they did not bolster bullion, as expectations of Read More
