Gold prices traded in a tight range today, as safe-haven support from the Russian invasion of Ukraine was countered by signs that US Federal Reserve officials could act more aggressively to tame inflation.

Markets traded lackluster and lost nearly half a percent amid mixed global cues.

Gold prices rose today as worries over the Ukraine crisis supported demand for the safe-haven metal, although calls from the U.S. Federal Reserve officials for sharper interest rate hikes to combat inflation limited the gains.

Markets posted strong gains and settled around the day’s high amid mixed cues.

Gold prices held steady today as US Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman, while an intensifying conflict between Russia and Ukraine supported bids for the safe-haven metal.

Markets started the week on a muted note and lost nearly a percent, tracking mixed global cues.

Gold prices rose today, lifted by demand for the safe-haven metal as the Ukraine crisis showed no signs of abatement, although the gains were capped by the US Federal Reserve's plan of aggressive measures to combat inflation.

Markets made a strong start and gained nearly 2%, in continuation to the prevailing recovery phase.

Markets extended rebound and gained nearly 4%, largely tracking favourable global cues.

Gold prices gained today as the dollar weakened after an interest rate hike of 0.25 percent by the US Federal Reserve, which was largely on expected lines but higher Treasury yields capped gains.