Religare Broking Podcast

Gold prices have steadied ahead of the evening session’s releases and the commodity is poised for first weekly drop in four before US jobs data.

Markets consolidated in a range after the recent surge and ended almost unchanged.

Gold trades with a soft tone mainly due to uncertainty over the timing of the monetary policy easing.

Markets extended gains for the seventh session in a row and rose nearly half a percent. 

Gold trades with a soft tone mainly due to uncertainty over the timing of the monetary policy easing.

Markets edged higher for yet another session and gained nearly a percent, in continuation of the prevailing up move.

Gold has been range bound but trading with a negative bias, since the opening hour as the bonds and the dollar steadied amid investors’ tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data.

Markets witnessed fireworks at the beginning of the week and gained two percent, in continuation of the prevailing uptrend. 

Gold has edged down after scaling a record high but the tone is positive with growing confidence that the U.S.

Markets consolidated in a range for yet another session and ended unchanged.