Religare Broking Podcast

Gold prices eased in the morning session as a rebound in the U.S. Treasury yields tempered bullion's safe-haven demand stemming from the Ukraine crisis.

Markets witnessed a decent recovery and gained over a percent, tracking firm global cues.

Gold prices eased today as expectations of an aggressive tightening of US monetary policy buoyed the dollar and Treasury yields, denting the appeal of zero-yielding bullion.

Markets continued to trade volatile and ended today’s session with a cut of nearly one and half percent.

Gold prices ticked lower at the Comex today as the dollar strengthened, though bullion's appeal as a safe haven and an inflation hedge capped declines amid concerns over the Ukraine war and a spike in consumer prices.

Markets started the week on a muted note, in continuation of the prevailing consolidation phase and ended the session with a sharp loss of nearly two percent.

Gold prices jumped to a more than one-month high today as concerns over the economic fallout from the Russia-Ukraine war and surging inflation drove investors to the safe-haven asset.

Markets remained under pressure and ended marginally lower, in continuation of the prevailing corrective phase.

Gold prices edged higher today as concerns of an escalation in the Russia-Ukraine conflict increased safe-haven bids for the precious metal, although a firmer US dollar capped bullion's gains.

Markets slipped further lower and lost nearly a percent, in continuation of the prevailing consolidation phase.