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Gold futures sink to three-month low as dollar rally batters bullion
India's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US dollar and expectations for elevated interest rates. Analysts attribute this slump to signals from the Federal Reserve and a notable downturn in technology stocks. Investors are now closely monitoring upcoming US inflation figures to gauge the next steps in the market.
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economictimes.indiatimes.com
Gold rebounds from one-week low as Iran cites progress in peace talks
Gold prices surged over 1% as easing U.S.-Iran tensions and falling crude oil prices reduced inflation and interest rate hike fears. While investors anticipate the Fed holding…
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thehindubusinessline.com
Gold declines ₹3,000, silver tanks by ₹10,500 in Delhi amid dollar rally
Gold and silver prices plummet in Delhi as a stronger dollar and rising interest rate expectations weigh on precious metals.
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Gold slips as Fed rate-hike expectations buoy dollar
Gold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate hikes, made the precious metal pricier…
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Gold slips to two-week low as Fed rate-hike bets buoy dollar
Gold extended losses on Wednesday, touching its lowest in almost two weeks as the dollar climbed due to rising bets on U.S. interest rate hikes, while investors assessed…
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cryptobriefing.com
Gold falls to two-week low as dollar strengthens and Fed rate hike bets surge
Gold dropped nearly 2% to a two-week low near $4,067 as the US dollar surged and markets priced a 69% chance of a September Fed rate hike under Chair Kevin
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Gold futures sink to three-month low as dollar rally batters bullion
India's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US dollar and expectations for elevated…
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hindustantimes.com
Gold prices today drop near two-week low as strong dollar; Fed rate hike bets pressure market
Gold prices today fell near two-week low as strong US dollar and Fed rate hike expectations weigh on demand; investors await key PCE inflation data.