Religare Broking Podcast

Gold steadied today, with a weaker dollar offsetting pressure from higher US Treasury yields as investors await the first pandemic-era US Federal Reserve interest rate hike.

Markets traded under pressure and shed over a percent, tracking mixed global sentiment.

Gold extended its slide today as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the US Federal Reserve may raise interest rates for the first time in three years added to the pressure on gold.

Markets started the week on a buoyant note and gained over one and a half percent, in continuation of the prevailing rebound.

Gold prices fell today as US rate-hike expectations lifted Treasury yields to their highest in a month, while hopes for progress in Russia-Ukraine peace talks improved risk appetite, denting bullion's appeal.

Markets took a breather after the recent rebound and ended almost flat.

Markets witnessed a decent recovery amid volatility and gained over 2%, taking a breather after 4 weeks of slide.

Gold prices remained muted in the morning as the fastest U.S. inflation in four decades and a hawkish European Central Bank bolstered expectations for more aggressive rate hikes.

Markets inched higher for the third successive session and gained over 1.5%, tracking favorable cues.

Gold prices rose today after a sharp correction in the previous session as worries over the Russia-Ukraine crisis persisted after no progress was made in talks between the two sides, while key US inflation data today is also likely to provide direction.