Religare Broking Podcast

Gold continues trading with a soft bias as there is strength in the dollar while concerns regarding further interest rate hikes by the U.S. FED still persists.

Gold has traded with weak undertone as the latest retail sales data was positive and above the market expectations.

Markets edged higher for the second consecutive session and gained nearly half a percent amid mixed cues.

Gold has trended lower till now as the dollar firmed after data showed U.S. inflation rose last month at its slowest pace since late 2021, reinforcing investor concerns that the Federal Reserve would persist with monetary policy tightening.

Markets recovered strongly on Tuesday and gained nearly a percent.

Gold markets are trading with a positive bias amid weakness in the dollar, but the upside is limited as the investors wait for the CPI release.

Markets started the week on a feeble note and lost nearly half a percent, tracking weak global cues.

Gold has stabilised after the morning hour weakness and attempts for a recovery now.

Markets traded in a narrow range and ended marginally lower amid mixed cues.

Gold has stabilized after the morning hour weakness and attempts for a recovery now.