Religare Broking Podcast

Gold prices are trading firm as signs of weakening economic activity across the globe drove demand for the safe haven.

The market started the week on a positive note, in continuation to last week’s trend and ended with gains of nearly one percent.

Gold held near a three-week peak, buoyed by a softer dollar, while investors waited for more economic readings that could determine the future pace of interest rate hikes.

Markets traded robust for yet another session and gained over a percent.

Markets traded buoyant for the second successive week, largely led by favourable global cues.

Gold prices are trading firm as a contraction in the U.S. economy boosted its safe-haven allure and helped to extend gains driven by a less aggressive tone from the Federal Reserve chairman.

Markets traded buoyant and gained over one and a half percent, tracking firm global cues.

Gold prices surged in the morning session amid hopes of a possible slowdown in the pace of U.S. rate hikes from the Fed commentary.

Markets rebounded swiftly after two days of profit taking and gained nearly a percent.

Gold prices rose today, buoyed by a softer U.S. dollar, though prices were range-bound as investors were cautious ahead of the U.S. Federal Reserve’s policy decision later in the day, where Fed is expected to raise interest rates by 75 basis points.