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 Market
Market News
Daily movements in the gold market and what is driving them.
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 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 falls Rs 3,214 on MCX as oil rally fuels rate-hike bets
Gold futures on MCX fell Rs 3,214 per 10 grams and silver dropped Rs 6,661/kg as rising oil prices revived inflation concerns and expectations of further US rate hikes.
Baanganga Gold & Diamond files DRHP for ₹720 crore IPO
Baanganga Gold & Diamond has filed its DRHP for a ₹720 crore IPO, comprising a fresh issue of ₹540 crore and an OFS of ₹180 crore. Proceeds will fund working capital.
Gold steadies as falling oil and softer dollar offset yield pressure
Gold held firm near $4,280 on Friday, recovering from a two-day decline as lower oil prices and a softer dollar countered pressure from elevated Treasury yields and Fed tightening bets.