Bullion Prices Have Come Under Pressure As Investors Recalibrate The Outlook For Global Interest Rates and Adjust Demand Expectations Ahead Of Key U.S. Economic Data.
Investors Are Waiting For Upcoming US Inflation Reports and The Next US Federal Reserve Policy Meeting Before Making Big Moves.
International Bullion Mirrored The Domestic Strength, This Rally Was Primarily Bolstered By A Softening US Dollar and Cooling Bond Yields.
International Spot Prices Mirrored This Weakness, As COMEX Gold Slipped 0.90% To Approximately $4,401.90 Per Troy Ounce, While Global Spot Gold Dropped $32 To Trade Near...
Market Participants Are Now Waiting For The Upcoming US Jobs Report To Get A Clearer Picture Of The Federal Reserve’s Next Move On Interest Rates
This Comes After Prime Minister Narendra Modi Asked Citizens To Cut Back On Buying Gold To Reduce The Current Account Deficit.
Gold Climbed Nearly 1% To Trade Around Rs 1,53,799, Silver Also Gained Nearly 1%, Trading At Around Rs 2,38,200
The Weakness In Jewellery Stocks Comes Against A Challenging Backdrop For Indian Equities. The Sensex and Nifty Both Fell On Wednesday As Surging Crude Prices and...
Strong Investment Demand and Continued Gold Buying By Central Banks, Especially China’s Central Bank, Further Supported Prices.
Consumers Responded To Lower and More Stable Prices, While Retailers and Manufacturers Replenished Inventories Ahead Of The Festive Season.
Higher Yields Elevate The Opportunity Cost Of Holding Non-Yielding Assets Like Bullion, Weighing Heavily On Sentiment Across Commodity Markets.
Despite The Abrupt Downturn, Market Observers View The Selloff As A Routine Correction Within A Broader Bull Market Rather Than A Fundamental Shift In Sentiment
Gold Prices Also Moved Higher Internationally. Gold Futures In New York Advanced 0.40% To $4,394.01 An Bounce, Reinforcing The Positive Trend In Domestic Markets.
There Was Profit-Booking Following Recent Highs Fueled Speculation Around Central Bank Monetary Tightening.
Bullion Markets Remained Restrained As Investors Weighed The Prospect Of Higher-For-Longer Interest Rates Against The Latest Inflation Reading.
Technical Triggers Support and Resistance International Gold Support LevelInternational Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level : $4350/oz : $4500/oz ...
Slumping Crude Prices and A Weaker Greenback Offer Support To Gold and Silver, Even As Federal Reserve Interest-Rate Uncertainty Looms
International bullion remains on track for a positive monthly close.Geopolitical tensions, safe-haven interest, and US interest-rate expectations continue to floor global prices.
Bullion prices on the MCX retreated on Friday morning as traders locked in profits following a dollar rebound and rising US-Iran military tensions—even as softer US...
A Stronger US Dollar, Easing Geopolitical Tensions, and A Firmer Indian Rupee Added Pressure On Bullion Prices
The Precious Metal Dropped As Much As 0.8% To Near $4,040 An Bounce, Erasing A Modest Gain In The Previous Session
Odds For A July Rate Hike, Priced By CME Futures At Around 34%, Jumped To Over 78% For A September Hike. This Shift Hurt Gold, Which...
A strengthening US dollar exerted downward pressure on bullion futures, curbing immediate upside momentum in the domestic market
Despite The Drop In Domestic Trade, Global Gold Prices Remained Supported By dip-Buying. Bullion Traded Near $4,130 An Bounce After Rising 3% Over The Previous Two...
Markets Largely Expect The Fed To Hold Rates Steady At Next Week's Meeting, Though They're Pricing In A More Than 55% Chance Of A Rate Hike...