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Markets extended yesterday’s rebound and gained over 2%, tracking recovery in global indices.
Gold prices fell today, as risk sentiments improved in the market which led to some profit booking in prices.
Markets remained volatile but managed to end with the gains of nearly a percent, taking a breather after the recent fall.
Gold prices traded above the $2,000 mark in the international markets due to further escalation in the Russia-Ukraine war.
Markets plunged sharply lower and lost over 2%, tracking a continuous surge in the crude and feeble global cues.
Gold prices hit $2,000 for the first time in 1-1/2 years, with investors rushing to the safe-haven metal as the Russia-Ukraine crisis worsened, while supply disruption fears sent palladium to an all-time high.
Markets ended the week with a sharp cut, reflecting the feeble global sentiment.
Markets continued to reel under pressure in the holiday-shortened week as the war between Russia-Ukraine intensified.
Gold prices rose in the morning session as investors rushed for safe-haven assets amid escalating tensions between Russia and Ukraine.
Markets remained volatile and settled with a cut of over half a percent, in continuation to the prevailing trend.
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