Gold Market Spot Gold

Gold, Copper Slip as Powell Dashes Fed Pivot Hopes

Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked interest rates by an as-expected 75 basis points (bps), and said that […]

Gold Buoyant Before
Gold Market Stock Market

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]

Gold

Gold Sinks Anew as Most Markets Fall

By Administrator_India Capital Sands Gold prices sank more than 1% on Monday, breaking new ground lower after a week of sideways trading, as market participants tried to suss out a clear direction for the yellow metal amid climbing yields and the dollar. Gold for April delivery was Friday’s session settled down $20.10, or 1.2%, at $1,712.20  […]

Gold steady as inflation bets counter firm US dollar, yields
Gold

Gold price today: Yellow metal trades weak; support seen at Rs 48,800

By Administrator_ India Capital Sands India Gold October Futures fell on September 28 following a muted trend seen in the international spot prices. Experts feel that the weakness is likely to continue for the precious metals, but Gold may find support near Rs 48,800-48,500 levels while resistance is seen near Rs 50,000 levels. On the Multi-Commodity Exchange […]