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Markets traded buoyant for the fourth straight week and gained nearly 2.5%.
Gold prices rose today supported by a retreat in US dollar and lower Treasury yields as markets awaited economic data to gauge the pace of upcoming US rate increases.
Markets consolidated in a narrow range and settled marginally higher, taking a breather after the recent surge.
Gold prices steadied today as benchmark 10-year Treasury yields recovered some losses, but the precious metal stayed close to last session’s one-week high as the dollar extended its slide.
Markets edged higher and gained nearly a percent, in continuation to the prevailing up move.
Gold prices steadied today ahead of U.S. inflation data that could provide further direction on the US monetary policy after comments from the Federal Reserve chair lifted bullion in the last session.
Markets ended marginally higher in a volatile session, tracking mixed cues.
Gold prices rose marginally today as the dollar and Treasury yields retreated ahead of the Federal Reserve Chair Jerome Powell's nomination hearing as bets for quicker US interest rate hikes grew.
Markets started the week on a strong note and gained over a percent, in continuation to the prevailing up move.
Gold prices steadied today as traders’ awaited December US inflation data on Wednesday that could stress the need for earlier-than-anticipated interest rate hikes by the Federal Reserve.
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