Markets extended rebound and gained nearly half a percent amid mixed cues.

Gold markets are range bound presently but the tone has been positive after receiving the go-ahead from softer than expected U.S. personal consumption expenditure data last Friday, which validates the dovish rate expectations priced by markets.

Market traded volatile on Friday but managed to end in the green amid mixed cues. 

Markets took a breather after yesterday’s fall and gained nearly half a percent.

Gold prices have turned range bound ahead of the US GDP and the Initial Jobless Claims releases.

Markets witnessed a bout of profit taking and lost nearly one and a half percent, in continuation to the prevailing corrective phase.

Gold prices have steadied above the key $2,000 level, buoyed by expectations of the Federal Reserve's interest rate cuts next year, while investors awaited U.S. inflation numbers due later this week.

Markets remained range bound and settled marginally higher amid mixed signals. 

Gold trades with a positive bias yet lacks the required since a slight uptick in the dollar countered support from falling Treasury yields, while investors await U.S. economic data due this week that could further illuminate the Federal Reserve's interest rate path.

Markets started the week on a muted note and ended marginally lower, taking a breather after the recent surge.