Religare Broking Podcast

Markets remained under pressure, extending their corrective phase with a loss of over a percent

 Gold prices were little changed on Friday as the investors
maintained caution ahead of a key U.S. jobs report that could
influence the Federal Reserve's rate path. Support is near 76000 with
resistance close to the 76750 level.

Markets saw a sharp plunge, dropping over 2% due to weak global cues. 

 Gold prices have steadied after the recent rally but the tone
remains positive on expectations of the Jobless claims numbers to
register an increase in the upcoming release. 

The market traded flat, taking a pause after Monday's decline. The Nifty index opened with a positive start but couldn't sustain its gains, moving in a narrow range throughout the session before closing at 25,808, down 0.12%.

Gold prices rise on safe-haven demand due to Middle East tensions
and lower U.S. bond yields, although the metal hovers below recent
record highs after the Federal Reserve chief conveyed the possibility
of smaller rate cuts in the future.

The markets began the week on a feeble note, losing nearly one and a half percent due to mixed global cues.

Gold prices have eased but the precious metal is on track for its
fourth straight quarterly gain, buoyed by hopes of another large U.S.
rate cut and rising Middle East conflict, while investors wait for
comments from Federal Reserve Chair Jerome Powell. Support is near
75200 with resistance close to the 75950 level.

The markets traded flat, showing little movement despite favorable global cues

Gold trades with an upward bias and the commodity heads for
another weekly gain amid rising geopolitical tensions, and declining
interest rates.