Gold regained momentum as prices extended their rally to the second session on Tuesday, reaching a one-week high of ₹75,545 on MCX and $2,632 on Comex, marking a 0.68% gain. However, gold prices faced selling pressure starting October 31, and the selloff extended after Donald Trump's victory in the 2024 US presidential election, which strengthened the US dollar. Furthermore, comments …
Gold prices traded lower in the domestic futures market on Tuesday, September 3, morning tracking weak global cues. If the upcoming US macro data this week highlights some weakness in the US economy and the Fed decides to a rate cut of more than 25 bps, gold prices may see a rally. However, a rate cut at the upcoming US …
