Religare Broking Podcast

Gold has sustained their upward swing for a second straight week, up more than 7% for the period.

Markets reversed Tuesday’s move and lost over half a percent, in continuation to the prevailing consolidation phase.

Gold trades higher from a combination of geopolitical risk premium on fears of a prolonged conflict, the momentum after breaking above key technical levels and stagflation risks due to high oil prices.

Markets edged higher after a muted session and gained nearly half a percent.

Gold consolidates after flight-to-safety surge, and markets cautious ahead of economic data and Federal Reserve Chair Jerome Powell's speech this week, which could steer upcoming interest rate decisions.

Markets started the week on a muted note and ended marginally lower amid mixed cues.

Gold prices fell on Monday due to technical selling after a strong rally in the previous session, although concerns over potential escalation of conflict in the Middle East kept bullion above the psychologically key 58500 level. 

It turned out to be a roller coaster ride for participants as the Nifty oscillated sharply on both sides and finally settled marginally lower.

Gold prices are trading higher and are on the way to mark their best week since mid-March as U.S. bond yields lowered; increasing the appeal of U.S. dollar-backed bullion as markets price in a chance that Fed's rate increase cycle has come to an end.

Markets edged higher and gained over half a percent, in continuation to Tuesday’s rebound.