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Gold prices extended gains for a fifth straight session today as a sell-off in dollar and equities boosted bullion’s safe-haven appeal.
Markets ended marginally lower in a volatile trading session and settled closer to the day’s low.
Gold prices rose today, boosted by a slide in the US dollar to its lowest in a month, while growth concerns in the economy kept bullion’s safe-haven demand intact.
Markets rebounded sharply and gained nearly 3%, in continuation of the prevailing volatile trend.
Markets ended 5-week losing streak and gained over 3% amid excessive volatility.
Gold prices rose today as a pullback in the dollar from two-decade highs and deepening concerns over US economic growth burnished the metal's safe-haven appeal.
Markets plunged sharply lower and lost over 2.6%, pressurized by weak global cues.
Gold prices bounced back today as a drop in US dollar and Treasury yields coupled with a slide in risk assets rekindled demand for the safe-haven bullion amid worries about global growth.
Markets traded highly volatile in a range and ended almost unchanged, taking a breather after Tuesday’s surge.
Gold prices fell today as US Federal Reserve Chair Jerome Powell’s comments to shore up rate increases kept non-yielding bullion under pressure.
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