Religare Broking Podcast

Markets made a robust start to the week and gained nearly a percent, in continuation of the prevailing trend.

Gold has recovered from Friday’s decline as the  dollar retreated from highs but  the Fed remains concerned with raising rates too high now as they are seeing significant signs that inflation is beginning to move in the right direction.

Market extended up move for yet another session and gained nearly half a percent.

Gold has firmed as the dollar retreated from highs but the bullion is still set for a weekly fall as traders looked beyond a widely expected pause by the Federal Reserve this month to focus on persistently robust U.S. data.

Markets extended recovery on the weekly expiry day and gained over half a percent.

Gold is holding below the $1,921 an ounce level, facing pressure from a rallying dollar as stronger-than-expected US services sector data raised inflationary and rate hike concerns.

Markets traded volatile and ended marginally higher, in continuation to the prevailing recovery phase. 

Gold has recovered from the morning lows as shorts preferred covering the positions ahead of the PMI releases.

Markets consolidated in a range and ended marginally higher, taking a breather after the recent rebound. 

Gold slipped to a one-week low as investors sought the U.S. dollar after weak data in China, although rising expectations for a pause in interest rate increases by the U.S. Federal Reserve limited losses.