Gold drops below $4,600 as US inflation data boosts rate hike bets
Gold fell over 1.37% on Wednesday, slipping below $4,600, after US inflation data aligned with estimates and raised the likelihood of a Federal Reserve rate hike in December 2026.
Gold Market
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Seven consumer discretionary stocks hit 52-week highs as Sensex flattens
Seven stocks from the BSE Consumer Discretionary Index hit fresh 52-week highs on Friday, recording monthly gains of 8% to 37% even as the broader Sensex remained flat.
Gold futures jump ₹1,432 to ₹1.60 lakh/10 gm on fresh buying
Gold futures on the MCX climbed ₹1,432 to ₹1.60 lakh per 10 grams, driven by fresh speculative positions and firm physical demand. The October contract traded at ₹1,60,857.
Gold heads for third weekly gain after US Treasury buyback plans
Gold is set for its third consecutive weekly gain after the US Treasury's unexpected buyback of long-dated debt highlighted concerns over government borrowing costs. Bullion traded around $4,530 an ounce.
Gold steadies and heads for third straight weekly gain
Gold prices are holding steady and on track for a third consecutive weekly gain, supported by a weaker US dollar and lower Treasury yields. A drop in jobless claims has reinforced expectations that the Federal Reserve will keep interest rates unchanged in September.
Gold slips from early‑June high as hawkish Fed minutes, US‑Iran tensions boost dollar
Gold retreated from its highest level since early June as hawkish FOMC minutes and US‑Iran tensions lifted the dollar. Falling bond yields may cap the downside.
Gold rallies above $4,480 as US Treasury buyback pushes yields lower
Gold climbed sharply on Wednesday, breaching $4,480 as US Treasury buybacks pushed yields lower, even as Fed minutes revealed three officials dissented in favour of a rate hike.
Gold and silver slip on MCX as higher oil prices revive rate hike fears
MCX gold and silver prices declined in early trade on Tuesday as a surge in crude oil prices rekindled fears that the Federal Reserve and other central banks may raise interest rates.
Gold holds above $4,400 as weak US data and Iran tensions weaken dollar
Gold extended its rally above $4,400 as the US dollar hit two-month lows. Weak US jobs and inflation data reduced Fed rate hike bets, while Iranian threats lifted oil and supported safe-haven demand.