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Markets traded volatile and ended marginally in the green amid mixed cues.
Gold prices struggled for direction as investors continued to weigh remarks from Federal Chairman Jerome Powell and the reaction in the U.S. dollar and Treasury yield.
Markets resumed recovery after two days of subdued move and gained nearly a percent, supported by upbeat global cues.
Gold is trading with a positive tone amid weakness in the dollar and last day’s Fed comments perceived as dovish by the market.
Markets traded volatile for yet another session and shed nearly half a percent.
Markets started the week on a subdued note and lost nearly half a percent, tracking feeble global cues.
Gold has witnessed easing of the upside momentum in the last few hours.
It turned out to be a muted session on Thursday as the Nifty index oscillated in a narrow range and ended almost unchanged.
Gold rose sharply for yet another session as the overnight comments from the FED was considered as dovish by the market.
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