Gold Steadies With Focus on Fed’s Rate Outlook for Next Year
3 weeks, 6 days ago

Gold Steadies With Focus on Fed’s Rate Outlook for Next Year

Live Mint  

-- Gold traded in a narrow band ahead of the Federal Reserve’s upcoming rate decision, with traders looking for clues about next year’s monetary-policy path. Bullion traded near $2,645 an ounce, after slipping 0.2% in the previous session, as traders waited for the US central bank’s final policy meeting for the year later Wednesday. While markets widely expect another quarter-point cut, the number and pace of subsequent cuts in 2025 isn’t clear, given that the incoming Trump administration may implement inflationary policies. Traders will also be monitoring US data for further clues about the 2025 outlook, with gross domestic product and the core personal consumption expenditures index — the Fed’s preferred gauge of underlying inflation — due later this week.

Fed Next Year  feds  traders  cut  traded  focus  outlook  steadies  demand  ounce  index  2025  later  policy  rate  gold

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Gold price today: MCX gold rate climbs 1.4% this week despite US Fed’s slower rate cut stance, sticky US inflation
3 days, 23 hours ago

Gold price today: MCX gold rate climbs 1.4% this week despite US Fed’s slower rate cut stance, sticky US inflation

Live Mint  

Gold price today: Despite the US Fed's signalling rate cut at a slower pace amid sticky US inflation and a strong labour market, the MCX gold rate registered gains for the third week in a row. According to commodity market experts, gold prices today are bullish due to the weakness of the Indian National Rupee against the US dollar and …

India Admits Gold Data Error That Pushed Trade Gap to Record
4 days, 18 hours ago

India Admits Gold Data Error That Pushed Trade Gap to Record

Live Mint  

-- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. India’s government acknowledged it miscalculated import figures for precious metals for months, an error that pushed the trade deficit to a record in November and caused the rupee to plunge to an all-time low. The Ministry of Commerce and Industry said …

Gold Steady After Three-Day Gain With US Payrolls in Focus
4 days, 22 hours ago

Gold Steady After Three-Day Gain With US Payrolls in Focus

Live Mint  

Gold steadied after a three-day advance as traders waited for the release of US payrolls figures that’ll help to shape the outlook for Federal Reserve policy this year. Bullion for immediate delivery traded near $2,670 an ounce, set for a gain of more than 1% in the first full trading week of the year. Gold was one of the strongest …

From The Hindu, January 10, 1975: U.S. eager to demonetise gold
5 days, 1 hour ago

From The Hindu, January 10, 1975: U.S. eager to demonetise gold

The Hindu  

Washington, Jan. 8: The United States will try to get countries attending international monetary meetings here next week to agree to “abolish controls on official gold transactions, but to refrain from building up their gold stocks for a year or two,” the Treasury Under-Secretary, Mr. Jack Bennett, said to-day. Mr. Bennett also said the U.S. would press next week for …

Stock market volatility boosts investments in gold ETFs in India: WGC
5 days, 21 hours ago

Stock market volatility boosts investments in gold ETFs in India: WGC

Live Mint  

New Delhi, : The stock market volatilities have boost the investments in the gold Exchange Traded Funds in India, as the country witnessed its eighth consecutive month of inflows into ETFs in December 2024, the world Gold Council stated in its commentary.The trends for gold ETFs reflect rising investor interest in the metal as equity market volatility persisted. A volatile …

Gold price today January 9: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
Top News
6 days, 1 hour ago

Gold price today January 9: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold price on January 9: Gold prices in India witnessed a modest rise on Thursday. The price of 24-carat gold increased by Rs 1,300, bringing it to little over Rs 79,000. per gram. Meanwhile, the price of 22-carat gold rose by Rs 1,200, now standing at Rs 72,430.30 per gram. Analysts predict that gold may continue to see moderate fluctuations …

Government revises November gold import figures from $14.8 billion to $9.9 billion
6 days, 1 hour ago

Government revises November gold import figures from $14.8 billion to $9.9 billion

New Indian Express  

NEW DELHI: The sharp jump in November merchandise trade deficit was because of a clerical error. The Directorate General of Commercial Intelligence and Statistics on Wednesday revised India’s gold import figure for November 2024 from $14.8 billion to $9.9 billion—a decline of 33%. The November goods trade deficit rose to an all-time high of $37.8 billion due a massive year-on-year …

Gold googly bamboozles import data
6 days, 7 hours ago

Gold googly bamboozles import data

The Hindu  

In what may constitute the steepest revision in India’s trade data in recent times, the Centre has revised India’s import bill for November 2024 by almost six billion dollars to $63.86 billion from the record tally of $70 billion reported as quick estimates by the Commerce Ministry last month, led by a sharp $5 billion downward revision in gold imports. …

$5 billion shock! India makes largest-ever revision to gold import estimates for November
Trending News
6 days, 16 hours ago

$5 billion shock! India makes largest-ever revision to gold import estimates for November

Live Mint  

India has slashed its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record, government data showed on Wednesday. New Delhi reported last month that its gold imports urged to a record high of $14.8 billion in November, more than doubling from …

Gold price today January 8: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
1 week ago

Gold price today January 8: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold prices in India remained stable on Wednesday, with no change recorded in the rates of both 24-carat and 22-carat gold. As of January 8, the price of 24-carat gold stands at Rs 78,870.3 per 10 grams, while 22-carat gold is priced at Rs 72,310.3 per 10 grams. Analysts predict that gold may continue to see moderate fluctuations in early …

Gold steady as market awaits more US data
1 week ago

Gold steady as market awaits more US data

Live Mint  

Jan 7 - Gold prices held its ground on Tuesday, with investors awaiting more economic data later this week for cues on the Federal Reserve's interest rate trajectory for this year. * The benchmark 10-year Treasury yield hit the highest since May 2024 on Monday and the U.S. dollar was lower after conflicting reports about how aggressive President-elect Donald Trump's …

India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
1 week, 1 day ago

India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report

India TV News  

The Reserve Bank of India added 8 tonnes of gold to its reserve in November 2024, the World Gold Council said in a report on Monday. The report said that collectively, central banks around the world, added 53 tonnes of gold to their reserves. November represented another solid month of gold buying as central banks collectively added a net 53 …

Gold price hits two-week high on safe-haven demand. US Fed rate cut, Donald Trump’s 2.0 policies in focus
1 week, 3 days ago

Gold price hits two-week high on safe-haven demand. US Fed rate cut, Donald Trump’s 2.0 policies in focus

Live Mint  

Gold rate today: The yellow metal continued to shine at the onset of the new year, building on its impressive performance in 2024. After delivering over 20 per cent return in the domestic market in 2024, gold prices witnessed buying interest last week and ended around 0.74 per cent higher in the international market. Safe-haven demand Speaking on the triggers …

Gold set for weekly rise; market awaits Trump's policy moves
1 week, 4 days ago

Gold set for weekly rise; market awaits Trump's policy moves

Hindustan Times  

Gold edged up on Friday on a softer U.S. dollar and safe haven flows, with the metal en-route for a weekly gain as attention turned to U.S. President-elect Donald Trump's proposed policy changes that could influence the economic and interest rate outlook going forward. As focus shifted to U.S. President-elect Donald Trump's planned policy changes that might affect the future …

Gold rate today nudges higher as investors await US data for US Fed rate cut cues. US inflation in focus
Trending News
1 week, 5 days ago

Gold rate today nudges higher as investors await US data for US Fed rate cut cues. US inflation in focus

Live Mint  

Gold rate today: The yellow metal witnessed some buying interest in the early morning session on Thursday despite investors waiting for the US data to get a clear picture about the US Fed rate cut and the US economy. US Fed rate cut in focus "Gold price rise on Thursday can be attributed to profit-booking trigger in the US dollar …

Gold nudges higher, market awaits US data for economic cues
Trending News
1 week, 5 days ago

Gold nudges higher, market awaits US data for economic cues

Live Mint  

* Bullion rose over 27% in 2024 * Gold likely to remain bullish in 2025 - analyst * Traders expect Fed to proceed cautiously with rate cuts in 2025 By Daksh Grover Jan 2 - Gold prices inched higher on Thursday, continuing its momentum from 2024, while traders sought more clarity on the U.S. Federal Reserve's interest rate trajectory and …

Gold kicks off 2025 on positive note, Fed and Trump policy in focus
1 week, 6 days ago

Gold kicks off 2025 on positive note, Fed and Trump policy in focus

Live Mint  

Jan 2 - Gold kicked off the New Year on a positive note after a stellar 2024, as market participants waited for more clues on the U.S. Federal Reserve's interest rate outlook and President-elect Donald Trump's tariff policies. * Traders anticipate the Fed to adopt a slow and cautious approach to further rate cuts in 2025, as inflation continues to …

Gold price today January 2: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
1 week, 6 days ago

Gold price today January 2: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold price on January 2: Gold prices saw a modest uptick on Thursday, with the cost of 24-carat gold in India reaching Rs 78,180.30 per 10 grams, marking an increase of Rs 4,600 compared to previous rates. Meanwhile, the price of 22-carat gold in the country rose to Rs 71,680.30 per 10 grams, reflecting a hike of Rs 420. This …

Gold price today January 1: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
Trending News
2 weeks ago

Gold price today January 1: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold prices on January 1: On the first day of New Year 2025, gold prices in India saw a modest increase in price. Analysts had predicted that gold may continue to see moderate fluctuations in early 2025, with its safe-haven status keeping it in demand among investors amid uncertainties in global markets. Check gold prices in different cities on January …

Gold poised for best year since 2010 on rate cuts, global tensions
Trending News
2 weeks ago

Gold poised for best year since 2010 on rate cuts, global tensions

Live Mint  

* Bullion up more than 26% so far this year * Donald Trump's trade policies key for gold prices in 2025 - analyst * Silver's year-to-date gains exceed 21% * Platinum, palladium set for annual losses By Rahul Paswan and Swati Verma Dec 31 - Gold prices gained on Tuesday, the last trading day of a record-breaking year that drove …

Gold set to extend record run; may hit Rs 90,000 in 2025 on global cues
2 weeks ago

Gold set to extend record run; may hit Rs 90,000 in 2025 on global cues

Deccan Chronicle  

Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.Also aiding the run is a dovish tilt in monetary policy and buying by central banks, but if the geopolitical crisis eases, the …

Gold set to extend record run; may hit ₹90,000 in 2025 on global cues
2 weeks ago

Gold set to extend record run; may hit ₹90,000 in 2025 on global cues

Live Mint  

New Delhi, Dec 31 Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to ₹85,000 per 10 grams and even ₹90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue. In the domestic markets, the government's decision in July this year to cut gold import duty by 6 per cent …

Gold price little changed amid steady dollar; experts highlight key levels for MCX Gold
2 weeks ago

Gold price little changed amid steady dollar; experts highlight key levels for MCX Gold

Live Mint  

Gold price today: Gold rates changed a little in the domestic futures market on Tuesday morning amid a steady dollar and a decline in the US bond yields. Manoj Kumar Jain of Prithvifinmart Commodity Research pointed out that gold is near its key support level of $2,588 per troy ounce, and if prices fell below these levels, it could show …

Gold price today December 31: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
Trending News
2 weeks, 1 day ago

Gold price today December 31: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold prices on December 31: On the last trading day of 2024, gold prices in India saw a modest increase, reflecting the yellow metal's continued appeal as a secure investment. The cost of 24-carat gold rose by Rs 1800 to reach Rs 78,180.3 per 10 grams. Analysts predict that gold may continue to see moderate fluctuations in early 2025, with …

Gold to continue its upward trajectory in 2025, gave a return of 20.3 pc in 2024: Experts
2 weeks, 1 day ago

Gold to continue its upward trajectory in 2025, gave a return of 20.3 pc in 2024: Experts

Live Mint  

New Delhi, December 30 : Gold prices surged an impressive 20.3 per cent in 2024, cementing the precious metal's status as a preferred safe-haven investment amid global uncertainties. While the easing of geopolitical tensions temporarily reduced the "war premium" on gold, persistent concerns about inflation and shifts in global financial trends kept the metal in focus. As the year draws …

Gold edges up as focus shifts to incoming Trump administration
2 weeks, 1 day ago

Gold edges up as focus shifts to incoming Trump administration

Live Mint  

* Israeli forces ordered residents in Beit Hanoun to leave town * Gold gained over 27% so far this year * Geopolitical tensions to remain key driver for gold prices in 2025 - analyst By Rahul Paswan Dec 30 - Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve's interest rate outlook and President-elect …

Gold price today: Rates rise on geopolitical concerns; experts unveil strategy for MCX Gold
2 weeks, 1 day ago

Gold price today: Rates rise on geopolitical concerns; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. Gold prices declined in the previous session after witnessing high price volatility amid a steady dollar index and the …

Gold price outlook: How will Trump 2.0 impact MCX gold rates in 2025? EXPLAINED
2 weeks, 3 days ago

Gold price outlook: How will Trump 2.0 impact MCX gold rates in 2025? EXPLAINED

Live Mint  

Gold price outlook 2025: Comparing various assets' returns in 2024, gold is one of those assets that has beaten the inflation rate by a huge margin. According to commodity market experts, geopolitical tension dominated MCX gold rates throughout 2024 and will continue dominating the precious metal market next year. Hence, gold prices may not repeat such performance in 2025 but …

Gold set for weekly gains amid geopolitical uncertainty
2 weeks, 4 days ago

Gold set for weekly gains amid geopolitical uncertainty

Live Mint  

* Bullion up 0.2% so far this week * Silver, platinum on track for weekly rise * Dollar set for fourth straight weekly gain By Anushree Mukherjee Dec 27 - Gold prices eased on Friday but were set for a weekly gain as investors gravitated towards safe-haven assets amid political uncertainty in the Middle East, overshadowing pressure from a firmer …

Gold rangebound, heads for a small weekly gain
2 weeks, 4 days ago

Gold rangebound, heads for a small weekly gain

Live Mint  

By Daksh Grover - Gold prices were stuck in a tight range on Friday after rising to their highest in a week in the previous session as geopolitical tensions supported safe-haven demand and led the metal to be on track for a small weekly gain. "We are in a holiday lull so price action is a little dull, with moves …

Gold price today: MCX Gold rates rise amid positive global cues; experts unveil strategy for precious metals
2 weeks, 4 days ago

Gold price today: MCX Gold rates rise amid positive global cues; experts unveil strategy for precious metals

Live Mint  

Gold price today: MCX Gold rates saw an uptick in the morning session on Friday, December 27, amid positive global cues. The yellow metal was poised for a weekly gain in international markets as investors awaited cues on the US economy to get cues on the Federal Reserve's interest rate path for 2025, Reuters reported. He expects gold and silver …

Gold set for weekly gain; focus on incoming Trump administration, Fed’s 2025 path
2 weeks, 5 days ago

Gold set for weekly gain; focus on incoming Trump administration, Fed’s 2025 path

Live Mint  

Dec 27 - Gold prices were trading flat on Friday, but were set for a weekly rise, as markets awaited signals on the U.S. economy under the incoming Donald Trump administration and the Federal Reserve's interest rate strategy for 2025. * Data on Thursday showed that the number of Americans filing new applications for jobless benefits fell last week to …

3 reasons why gold gained 27% in 2024, outperforming both Nifty 50, S&P 500
2 weeks, 5 days ago

3 reasons why gold gained 27% in 2024, outperforming both Nifty 50, S&P 500

Hindustan Times  

Gold clocked close to 27% returns during the year, outperforming both the Nifty 50 or S&P 500 index due to the ongoing geopolitical tensions, which increased the safe haven appeal of bullion, Moneycontrol reported. 2024 has also been the strongest year for gold since 2010, with the outlook for 2025 remaining bullish still. This has also been the strongest year …

Gold price today: MCX Gold rate rises on weak US dollar; experts highlight key levels for yellow metal
2 weeks, 5 days ago

Gold price today: MCX Gold rate rises on weak US dollar; experts highlight key levels for yellow metal

Live Mint  

Gold price today: Gold rates rose in the domestic futures market Thursday morning on a weak US dollar and positive global cues. According to a Reuters report, “Hamas and Israel exchanged blame on Wednesday for failing to finalize a ceasefire agreement despite reporting progress in recent days.” Experts highlight key levels for gold and silver Manoj Kumar Jain of Prithvifinmart …

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus
2 weeks, 5 days ago

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus

Live Mint  

* Hamas and Israel blame each other for ceasefire delay * Gold likely to remain near current levels at year-end - analyst * Bullion has risen by about 27% so far in 2024 By Daksh Grover Dec 26 - Gold gained on Thursday in light holiday trading, boosted by slight weakness in U.S. dollar and geopolitical tensions, as investors eyed …

Gold Advances as Traders Focus on Uncertain 2025 Rate Path
3 weeks ago

Gold Advances as Traders Focus on Uncertain 2025 Rate Path

Live Mint  

-- Gold gained as traders weighed the prospect for a slower pace of interest-rate cuts by the US Federal Reserve next year. Gold has steadied in thin holiday trading but a stronger dollar is still weighing on the market, Pranav Mer, an analyst at JM Financial Services Ltd. in Mumbai, said in a note on Tuesday. Earlier this month, the …

Gold price rises amid positive global cues; experts unveil strategy for MCX Gold
3 weeks ago

Gold price rises amid positive global cues; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates edged up in the domestic futures market in the morning session on Tuesday, December 24, supported by positive global cues. In international markets, gold prices climbed as investors digested the prospects of less aggressive interest rate cuts by the US Federal Reserve next year. In the previous session, the gold February futures contract settled with …

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs
3 weeks ago

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs

Live Mint  

By Rahul Paswan - Gold prices edged higher on Tuesday, as investors braced for a less aggressive path of interest rate cuts from the Federal Reserve next year, in a holiday-truncated trading week. While a benign U.S. inflation reading on Friday eased some concerns about the pace of cuts next year, markets are still pricing in just about 35 basis …

Gold prices could move up to Rs 85k in 2025
3 weeks, 1 day ago

Gold prices could move up to Rs 85k in 2025

Deccan Chronicle  

Chennai: Gold and silver prices have appreciated 21.7 per cent and 17.19 per cent in 2024. At MCX, gold prices moved up 21.72 per cent to Rs 75,970 per 10 gm. In COMEX, gold prices appreciated 26.82 per cent silver prices went up 24.50 per cent. According to Motilal Oswal, silver prices could move towards Rs 1.11 lakh and Rs …

Gold firms in thin trade as investors weigh Fed outlook
Trending News
3 weeks, 1 day ago

Gold firms in thin trade as investors weigh Fed outlook

Live Mint  

By Anushree Mukherjee - Gold prices firmed on Monday, although trading was thin due to the holiday season and as investors looked for cues on the U.S. Federal Reserve's monetary policy trajectory for next year after it signaled gradual easing in its latest meeting. The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions …

Gold extends gains after US inflation data eases rate cut worries
Trending News
3 weeks, 1 day ago

Gold extends gains after US inflation data eases rate cut worries

Live Mint  

* Fed policymakers say easing will resume in 2025 but after pause * Trump's initial decrees could be bullish for gold, says analyst * Gold speculators cut net long position By Rahul Paswan Dec 23 - Gold extended gains on Monday after a softer-than-expected U.S. inflation reading revived hopes for further monetary policy easing by the Federal Reserve in the …

Gold price today: Rates decline amid strengthening US dollar, bond yields; experts unveil strategy for MCX Gold
3 weeks, 1 day ago

Gold price today: Rates decline amid strengthening US dollar, bond yields; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates declined in the domestic futures market in the morning sessions on Monday, December 23, on profit booking amid a rise in the US dollar and bond yields. MCX Gold for February 5 expiry traded 0.05 per cent lower at ₹76,385 per 10 grams around 9:15 AM. In comparison, the spot gold price has surged nearly …

Gold bounces back from Fed-induced slump to one-month low
3 weeks, 5 days ago

Gold bounces back from Fed-induced slump to one-month low

Live Mint  

* Fed projects fewer rate cuts in 2025 * Gold hits lowest since Nov. 18 earlier in the session * Investors await US PCE data due on Friday By Rahul Paswan Dec 18 - Gold prices erased losses to gain on Thursday, after dipping to the lowest level in a month earlier in the day on the Federal Reserve's hint …

India’s record gold import said to be due to calculation error
3 weeks, 5 days ago

India’s record gold import said to be due to calculation error

Deccan Chronicle  

A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.Officials double-counted gold shipments in warehouses following a change in methodology in July, the people said, asking not to be identified ahead of …

Gold price today: Rates lacklustre ahead of US Fed policy decision; experts unveil strategy for MCX Gold
3 weeks, 6 days ago

Gold price today: Rates lacklustre ahead of US Fed policy decision; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates traded lacklustre in the domestic futures market Wednesday morning ahead of the US Fed policy decision. Market focus is on the central bank's updated economic projections and the dot plot, which could shape expectations for the US Fed interest rate trajectory through 2025 and 2026. Manav Modi, a commodity research analyst at Motilal Oswal Financial …

Gold prices edge higher with focus on Fed’s policy decision
3 weeks, 6 days ago

Gold prices edge higher with focus on Fed’s policy decision

Live Mint  

* Attention on U.S. Fed's dot plot * Chile's central bank extends its easing cycle * U.S. GDP and inflation data due later this week By Rahul Paswan Dec 18 - Gold prices edged higher on Wednesday as attention turned to the Federal Reserve's upcoming monetary policy decision, with the U.S. central bank anticipated to implement a third rate cut …

India's gold imports to plunge in December after record November
4 weeks ago

India's gold imports to plunge in December after record November

Deccan Chronicle  

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.Lower imports by India, the world's second-biggest consumer of the precious metal, could cap a rally in global prices that hit a record high …

Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus
4 weeks ago

Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus

Live Mint  

Gold rate today: Before the beginning of the US Fed meeting, gold prices opened flat on Tuesday. US Fed meeting Expecting the gold prices to remain sideways ahead of the US Fed meeting outcome, Anuj Gupta, Head — Commodity & Currency at HDFC Securities, said, “Gold prices are expected to follow US dollar prices as the outcome of US Fed …

Gold steady as traders await central banks' rate decisions
4 weeks ago

Gold steady as traders await central banks' rate decisions

Hindustan Times  

Gold was steady as traders remained cautious ahead of interest-rate decisions by major central banks, including the Federal Reserve. Ahead of the Federal Reserve and other major central banks' interest-rate announcements, gold prices stayed stable as traders exercised caution. Activity at US service providers is expanding at the fastest pace since October 2021, while a measure of New York state …

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