Religare Broking Podcast

Gold has fallen sharply due to the strength of the dollar.

Markets took a pause after the recent rebound and ended almost unchanged, in absence of any major trigger.

Markets ended a 3-week long losing streak and gained nearly one and a half percent amid mixed cues.

Gold prices moved little as investors awaited key U.S. nonfarm payrolls data for more cues on the world's largest economy, but were headed for a second straight week of gains as pressure from the dollar eased.

Markets extended rebound and gained nearly half a percent on the weekly expiry day.

Gold prices edged higher as treasury yields retreated, although gains were limited after stronger U.S. economic data bolstered expectations the Federal Reserve will retain its hawkish narrative.

Markets recovered strongly after Monday’s slide and gained over 2%, tracking firm global cues.

Gold extended its rally, supported by a continued decline in Treasury yields, as traders weighed concerns that central banks’ monetary tightening will lead to recession and the possibility that bond rates may have reached a peak.

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

Gold prices were up in the morning as growing risks of an economic recession spurred some safe-haven demand for the yellow metal.