Gold prices rose in the domestic markets today after the Centre hiked the basic import tax on gold to 12.5 percent from 7.5 percent in an effort to curb imports amid the sliding rupee.

Markets remained volatile on the monthly F&O expiry day and finally closed on a flat note.

Gold fell today and was bound for its worst quarter in five as the dollar’s strength and hawkish rhetoric from central banks eroded the appeal of the non-yielding asset.

Markets traded volatile for yet another session and lost nearly half a percent.

Gold traded in a tight range today as prospects of elevated interest rates continued to override its safe-haven appeal to some extent despite looming recession risks.

Markets ended almost unchanged in a volatile trading session tracking mixed cues.

Gold edged up today as the dollar weakened, with gains capped by higher US Treasury yields as investors focus on the ECB central bankers’ forum in Portugal.

Markets started the week on a strong note and gained nearly a percent.

Gold prices rose today as the dollar weakened and economic concerns persisted, while an import ban on the metal from Russia by four of the G7 countries also supported prices to some extent.

Markets edged higher for the second consecutive session, driven by firm global cues.