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Markets extended rebound for the third successive session and gained over half a percent.
Gold prices traded in a tight range today after hitting a two-week high earlier in the session, as investors await US inflation data for pointers on the next moves in the US Federal Reserve's monetary policy tightening plans.
Markets extended yesterday’s rebound and gained over a percent, following supportive global cues.
Gold prices were little changed today as a pullback in US Treasury yields ahead of widely expected robust inflation data out of the United States kept bullion investors on the edge.
Markets ended marginally up in a highly volatile trading session, taking a breather after the recent fall.
Gold prices steadied today as the dollar rebounded in the run-up to the latest US inflation numbers with investors anticipating the US Federal Reserve would signal aggressive interest rate hikes this year.
Markets traded under pressure and lost over one and a half percent, tracking feeble global cues.
Gold prices rose today as inflationary pressures due to surging oil prices helped cushion the impact of a US Treasury yield rally after an upbeat jobs report.
Markets managed to post decent gains in the Union Budget week, after sliding for two weeks. Supportive global cues, as well as growth-oriented budget announcements, aided sentiments however profit taking in the final sessions marginally trimmed the gains.
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