Religare Broking Podcast

Gold prices firmed today as the dollar eased and economic concerns mounted, but bullion’s constant tussle with expectations for aggressive tightening by the Federal Reserve kept it on course for a weekly dip.

Markets witnessed a roller-coaster ride on the weekly expiry day but finally ended with gains of nearly one percent.

Gold prices fell today weighed down by a stronger dollar and remarks from the US Federal Reserve Chair Jerome Powell about the central bank’s commitment to tame price pressures.

After a breather, bears took tight control over markets as it ended with sharp losses.

Gold prices fell at Comex today as the dollar ticked up and investors looked for more cues on monetary policy strategy when Fed Chair Jerome Powell sits down in front of Congress later in the day.

Markets extended rebound for the second consecutive session and gained nearly 2%, tracking firm global cues.

Gold prices fell at Comex today as the prospect of more rate hikes kept non-yielding bullion under pressure, although a slight retreat in the US dollar capped further downside in the metal.

Markets ended higher in a volatile trading session, taking a breather after the recent decline.

Gold prices traded subdued today, as a slightly weak dollar and global economic worries countered concerns around aggressive monetary tightening by the US Federal Reserve, with the focus being on several central bankers' views this week.

Markets ended lower in a volatile trading session, in continuation of the prevailing trend.