Religare Broking Podcast

Gold prices rose today as the dollar eased slightly and some investors scooped up bargains after sharp losses in the previous two sessions.

Markets showed resilience and gained over a percent amid mixed cues.

Gold prices steadied today as the investors focused on the minutes of the US Federal Reserve’s last monetary policy meeting.

It was a roller-coaster ride for markets as the Nifty swung volatile in a broader range and finally settled around the day’s low.

Gold was almost flat in the morning, as a recovery in the U.S. Treasury yields from last week's one-month lows along with a strong dollar which surpassed the 106 mark today, capped the upside in the metal.

Markets gained over half a percent amid volatility and settled closer to the day’s high.

Gold prices remained muted in thin trade amid the US independence day holiday.

Markets traded volatile for yet another session and ended marginally lower.

Markets managed to end marginally in the green last amid excessive volatility.

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.