Gold slips Rs 1,900 on MCX; silver firms as rate concerns persist
Gold gave up Rs 1,900 per 10 grams on MCX over three sessions while silver gained Rs 1,400 per kg. Inflation expectations and rate-hike worries are keeping the metals volatile.
Gold Market
Market News
Daily movements in the gold market and what is driving them.
Gold edges lower as US dollar strength weighs on bullion
Gold slipped on Wednesday as the US dollar held near multi-week highs, bolstered by the Federal Reserve’s hawkish stance and ongoing geopolitical risks.
Military Metals receives $71,000 grant for West Gore antimony-gold project
Canadian junior Military Metals has secured a C$100,000 ($71,000) exploration grant from Nova Scotia for diamond drilling at the historic West Gore antimony-gold project, a past producer of strategic metals during World War One.
Gold pulls back from $4,376 as dollar strength and rate-hike bets weigh
Gold retreated from a daily high of $4,376 to trade at $4,337 on Tuesday. A stronger US Dollar, rising Treasury yields, and hawkish Fed bets weighed on the metal.
Gold futures slip ₹914 as dollar firms, Fed signals weigh
Gold futures on MCX reversed early gains to close ₹914 lower at ₹1,52,180 per 10g as a stronger dollar and hawkish Fed comments pressured prices. Comex gold also declined.
Iran offers to reopen Strait of Hormuz: what it means for gold and markets
Iran has proposed reopening the Strait of Hormuz if the US eases military pressure. Analysts say this could lower oil prices and support gold, affecting Indian markets.
Gold slips below $4,350 as Fed hawkishness outweighs falling bond yields
Gold edged below $4,350 on Tuesday as the Federal Reserve's hawkish stance countered a decline in US bond yields. The metal's downside appears limited amid geopolitical tensions and mixed technical signals.
Gold ETF inflows extend to ninth straight week as US investors lead
Investments into physically backed gold ETFs remained positive for the ninth week running, led by US inflows of $2.21 billion. Total inflows reached $4.24 billion.
Gold price retreats after Fed rate hike, dollar recovers
Gold fell over 0.6% on Monday after last week's Federal Reserve rate hike. The US Dollar Index rose 0.2% to 100.42, capping the metal despite lower Treasury yields.