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Gold trades with a positive tone, as the precious metal experiences an investor comeback after easing price pressures in the US indicated rate hikes will most likely hit pause.
Markets remained range bound for the third day in a row and ended marginally lower.
Gold prices are surfacing near three-week lows as safe-haven demand spurred by the Middle East conflict have slowed of late, while investors awaited comments from U.S. Federal Reserve Chair Jerome Powell for more clues on interest rates.
Markets remained range-bound and ended marginally in the green, in continuation of Tuesday’s move.
Gold has slipped to a near two-week low on the stronger US dollar.
Markets started the week on a firm note and gained nearly a percent, in continuation of the recent rebound.
Gold has stabilized after Friday’s gains, with traders weighing the recent economic data and geopolitical risk impact.
Markets extended gains for yet another session and rose nearly half a percent.
Market witnessed a rebound after two days of slide and gained over half a percent.
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