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 …
Gold prices moved higher in the morning session of the domestic futures trade on Thursday, November 2, tracking positive global trends. Gold prices moved higher in international markets, taking support from the dollar's weakness and declining Treasury yields after the Federal Reserve held interest rates steady, raising expectations that the Fed may be done with interest rate hikes. Besides, the …
Gold prices traded with nominal gains in the early trade in the domestic futures market on Wednesday tracking weak global cues as market sentiment remained fragile due to the US debt ceiling crisis. Analysts believe gold prices may remain volatile for the day but there may not be a sharp downside amid debt ceiling uncertainty. Manoj Kumar Jain of Prithvifinmart …
