Gold gains by ₹962 per 10 grams to ₹126,081 on global cues

Gold gains by ₹962 per 10 grams to ₹126,081 on global cues

Gold has strengthened noticeably this week, rising by ₹3,520 per 10 grams since the beginning of the week. The move has caught the attention of buyers, jewellers and investors alike as the precious metal reasserts its role as a defensive asset. Why the sudden uptick? The rise can be linked to a mix of global … Read more

Gold dips as dollar firms on reduced rate-cut prospects

Gold dips as dollar firms on reduced rate-cut prospects

Dollar Near Six-Month High After Stronger-Than-Expected Job Data The U.S. dollar climbed to a near six-month high on Friday after signs that job growth in September picked up. The stronger labor reading raised the odds that the Federal Reserve will delay cutting interest rates in December, keeping U.S. yields relatively attractive and supporting the currency. … Read more

Gold trims loss as Fed’s Williams signals a near-term rate cut

Gold trims loss as Fed’s Williams signals a near-term rate cut

Gold has surged more than 50% year-to-date, even after a recent pullback from a record high. The metal is now on track for its strongest annual gain in decades — its best performance since 1979 — as investors weigh inflation, central bank moves and geopolitical uncertainty. What’s happened to gold prices After climbing to fresh … Read more

Gold edges lower as dollar gains, traders pare down US rate cut bets

Gold edges lower as dollar gains, traders pare down US rate cut bets

Dollar Climbs to Highest Level in Over Two Weeks The US dollar strengthened on Thursday, reaching its highest level in more than two weeks as investors reacted to shifting expectations about interest rates and global economic outlooks. The move reflects a combination of higher US yields, cautious sentiment in equity markets, and renewed demand for … Read more