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Markets remained volatile for yet another session and lost nearly half a percent.
Gold has held near a seven-month low as a sell-off in the U.S. bond markets lifted yields after economic data raised worries that interest rates will likely remain high.
Markets started the week with a cut over half a percent, in continuation of the prevailing corrective phase.
Gold has been consolidating after the recent slide in prices.
Markets made a recovery attempt after Thursday’s fall and managed to close half a percent higher.
Gold has been consolidating after the recent slide in prices.
Markets resumed a negative tone after the recent breather and lost nearly a percent on the monthly expiry day.
Gold prices remain subdued, having slid to their lowest in about six months in the last session, as an elevated U.S. dollar and Treasury yields continued to exert pressure on the non-yielding metal.
Markets remained volatile for yet another session and ended marginally higher.
Gold prices dropped to their lowest levels in more than a month, weighed down by an assurgent U.S. dollar as markets made adjustments to a higher-for-longer interest rate scenario.
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