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Markets lost nearly half a percent in a volatile trading session, in continuation of the ongoing corrective trend.
Gold prices rose today supported by a pullback in the dollar and US Treasury yields, while investors looked forward to US inflation data that could determine how aggressively the Federal Reserve will hike interest rates.
Markets remained volatile and ended with a cut of nearly half a percent.
Gold prices traded in a tight range today as the dollar steadied, prompting some investors to buy the metal ahead of the US inflation data that could impact the Federal Reserve's monetary policy.
Markets started the week on a feeble note and lost over half a percent, in continuation of the prevailing corrective phase.
Gold prices fell in today's morning session as a strong dollar pressured demand for bullion, with rising US Treasury yields further weighing on prices.
Markets resumed the corrective trend and lost nearly one and a half percent.
Markets ended 2-week long consolidation phase and lost over 4%, pressurized by weak cues.
Gold prices rose today as a slight pullback in the dollar helped the precious metal to tick higher, however, prices were on track for a third straight weekly decline as investors fretted over the prospects of aggressive rate hikes from the US central bank.
Markets settled almost unchanged in a volatile trading session, taking a breather after the sharp decline.
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