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Markets traded volatile in a range and settled with a cut of nearly a percent.
Gold prices eased in the morning session as the U.S. dollar edged higher, but lingering inflation concerns kept bullion close to a more than two-week peak hit in the previous session.
Gold prices eased in morning from near two-week peak amid bets that the U.S. Federal Reserve could begin tapering its pandemic-era asset purchases soon.
Markets made a firm start and gained nearly a percent, tracking upbeat global cues.
Markets remained muted last week after the recent surge and lost nearly 2%, tracking feeble global cues.
Gold prices eased from yesterday’ highs as the prospect of the U.S. Federal Reserve scaling back its pandemic stimulus pressurized the metal.
Markets extended decline in continuation to the prevailing corrective phase and lost nearly half a percent.
Gold prices are trading almost flat but hovered near a seven-week low, constrained by a strong dollar and expectations of the U.S. Federal Reserve winding down stimulus measures soon.
Markets traded volatile on the expected lines and settled with a cut of over half a percent on monthly expiry day.
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