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Gold prices rose today as a relatively less hawkish Federal Reserve and safe-haven demand due to the Ukraine crisis boosted bullion prices.
Markets traded volatile and lost over a percent amid feeble global cues.
Gold prices eased today after benchmark 10-year US Treasury yields firmed, drawing some investors away from non-interest bearing bullion.
Gold prices rose today as safe-have demand was buoyed by President Vladimir Putin putting Russia's nuclear deterrent on high alert.
Markets recovered swiftly on Friday and gained over 2.5%, following supportive global cues.
The geopolitical tension between Russia and Ukraine took center stage in the week gone by as military operations by Russia spooked investor sentiments.
Gold prices reversed course today as equities rebounded after US President Joe Biden unveiled harsh new sanctions against Russia.
Markets witnessed a sharp sell-off and lost nearly 5% as escalating tensions between Russia and Ukraine spooked sentiments.
Gold prices hit over 13 months high today as Russia launched an all-out invasion of Ukraine after President Vladimir Putin authorized what he called a special military operation.
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