Silver underperforms gold as US data takes centre stage
Gold and silver prices have diverged, with silver losing more ground. The gold/silver ratio sits at 68.4, and upcoming US data could determine whether the trend continues or reverses.
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GoldRate Desk
Summaries produced by the GoldRate.info market desk from primary reporting, with sources linked on every article.
Gold steadies after sharp sell-off as Fed rate hike expectations persist
Gold stabilises near $4,154 after Monday's sharp decline, with traders weighing further Fed rate hikes and ongoing Middle East tensions that keep oil prices elevated.
Gold falls Rs 4,300 per 10g in two days on inflation fears
Gold prices dropped around Rs 4,300 per 10 grams over two trading sessions on the MCX, as higher crude oil prices fuelled inflation worries and strengthened the case for additional US Federal Reserve rate increases.
Gold slides 4% to seven-week low as oil, dollar and yields rise
Gold fell sharply to a seven-week low, pressured by rising oil prices, a firmer dollar and higher Treasury yields. Silver, platinum and palladium also declined.
Gold slides over 3% as Iran rejection lifts oil and inflation fears
Gold fell more than 3% on Monday after the US rejected an Iranian proposal to ease regional tensions, pushing oil prices higher and reigniting inflation fears that strengthened expectations for a more hawkish Federal Reserve.
Gold drops $1,500 from peak as analysts flag accumulation zone
Gold has corrected roughly $1,500 per ounce from its January high. An analyst suggests the $4,000–$4,100 area could be a solid entry for long-term investors despite near-term pressures.
Gold and silver fall sharply as oil surge fuels rate-hike fears
Gold and silver prices dropped sharply on MCX as higher oil prices revived inflation concerns and boosted expectations of further US Federal Reserve rate hikes. Rising bond yields and a firm dollar added to the pressure.
Fed tightening bets and rising oil prices push gold lower
Gold prices declined on Monday as a rebound in oil prices heightened inflation concerns and strengthened the case for additional Federal Reserve rate increases.
Gold slides at week open as $4,200 support comes under pressure
Gold fell roughly 2% on Monday as it challenged the $4,200 support level. The decline was driven by geopolitical tensions and rising expectations of a Federal Reserve rate hike, which supported the US dollar.