Religare Broking Podcast

Gold prices traded little higher as the dollar eased slightly, but comments from the U.S. Federal Reserve policymakers suggesting the central bank could accelerate stimulus tapering weighed on the metal.

Markets witnessed a rebound and settled with gains of over half a percent on the monthly expiry day.

Gold prices held near tree-week lows amid concerns over a faster pace of stimulus tapering by the U.S. Federal Reserve.

Markets resumed the corrective phase after a day of pause and lost half a percent.

Gold prices slipped to their lowest level in more than two weeks, as the dollar gained in the U.S. President Joe Biden's nomination of Federal Reserve Chair Jerome Powell for a second term.

Markets took a breather and gained over half a percent, after four days of continuous decline.

Gold prices traded near their lowest level in two weeks, constrained by a stronger dollar and expectations of the U.S. Federal Reserve would accelerate the pace of stimulus tapering to curb broadening inflationary risks.

Markets started the week with a sharp cut and lost nearly two percent, tracking weak cues.

The selling resumed in markets after two weeks of rebound, taking cues from the global counterparts.

Gold prices traded steady as investors remained torn over how fast the U.S Federal Reserve will taper its monetary stimulus and raise interest rates after the recent strong U.S. inflation data.