News stories about "Gold" in India.

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Gold holds firm after Fed's bumper rate cut

By Daksh Grover (Reuters) - Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut. Spot Gold rose 0.5% Key Points

ThePrint

Can Gold reach ₹75,000 level again in India? Here’s what experts say

Gold’s outlook remains positive, despite increasing volatility. Depending on the impact of rate cuts, if the Fed implements a 50 basis point reduction, a significant rally in the metals market can be expected. Key Points

mint

Victim of Pompeii's ancient volcanic eruption found lying on bed with gold

The woman was lying on a bed with gold, silver and bronze coins around her, along with jewelry including Gold and pearl earrings. The man lay at the foot of the bed. Key Points

India Today

Gold drifts higher on Fed rate-cut hopes, geopolitical risks

By Ashitha Shivaprasad (Reuters) -Prices of safe-haven Gold climbed on Monday on heightened geopolitical tensions in the Middle East and amid expectations of a U.S. rate cut in September, while focus Key Points

ThePrint

'If government of India and Karnataka...': Vedanta chairman Anil Agarwal has a fix for India's gold, copper pinch

India consumes around 900 tonnes of Gold each year but produces only 1 tonne domestically. In copper, we import 95% of our requirement worth over $3 billion a year or Rs 24,000 crore, Agarwal wrote. Key Points

Business Today

Gold hits two-week high as bond yields fall; US jobs data on tap

By Harshit Verma (Reuters) - Gold prices hit a two-week high on Thursday as U.S. bond yields fell on signs of a cooling labour market, strengthening a case for a September interest rate cut by the Key Points

ThePrint

'Perfect storm' steers Gold to another record high; silver jumps

By Harshit Verma (Reuters) - Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, Key Points

ThePrint

Gold loan interest rates 2024: Check latest rates from SBI, HDFC, ICICI, PNB, Axis, BoB

Financial Literacy News: Gold loans can provide a quick and hassle-free solution for individuals in need of immediate funds. Unlike other loans, such as home loans, which involve extensive paperwork and complicated approval processes, Gold loans offer a simpler approach. Key Points

Times Of India

Gold, silver trade at record high levels for second day

Gold prices rise by Rs 140 to scale a new peak of Rs 71,840 per 10 grams in National Capital. Extending the record breaking run to the second day in a row, gold... Key Points

The Tribune India

Gold Breaks Records! Top 6 mutual funds to mine investment opportunities

Gold can serve as a hedge against inflation and market volatility, although its price can be subject to fluctuations. By carefully assessing your investment objectives and risk tolerance, you can utilize Gold mutual funds to bolster your portfolio's resilience against market swings. Key Points

mint

Gold consolidates at all-time high on US Fed rate cut hopes, silver near 3-year high mark

Spot Gold was down 0.3 per cent at $2,291.88 per ounce, after hitting a record high of $2,304.09 earlier in the day. US Gold futures declined 0.3 per cent to $2,308.30 Key Points

mint

Lucknow news: 30 passengers, detained in Gold smuggling case, escape from airport

Several passengers escaped from Lucknow airport after being detained for Gold smuggling. Customs officials seized cigarettes and cash worth crores. Key Points

mint

Gold will probably reach $2350-2400 per ounce very quickly; silver may have more upside: Peter McGuire

Peter McGuire predicts silver to outperform gold, driven by underinvestment and industrial demand. Geopolitical tensions could push crude prices higher, while Bitcoin's volatility continues amidst stable USD index. The economic outlook for the second quarter remains uncertain. McGuire also says that silver might have more upside than Gold over the next matter of months in the sense of performance and ratio to Gold . Key Points

Economic Times

Gold rush to summit sees demand trampled

Gold prices soar in Kolkata's Zaveri Bazaar, impacting sales. Jewellers hopeful for a recovery during Akshay Tritiya. Mumbai sees 70% demand slump, while investment in bars rises. Analysts predict further price hikes due to global factors. Key Points

Economic Times

Gold hits a new record, best month in over 3 years

Though MCX remained closed on account of Good Friday, prices of 24k Gold were quoting above Rs 70,000 per 10gm (including import duty & GST) in the local market. With the yellow metal closing at an all-time high of $2,233, Indian Bullion and Jewellers Association national secretary Surendra Mehta said it may well open $30-40 higher on Monday. Key Points

Economic Times

Coming soon: A shield for your pledged gold

Banks plan to establish standardised rules for heirs to repay Gold loans and reclaim family jewellery after the borrower's death. Variability in current practices leads to legal challenges and auctioning of pledged gold. Key Points

Economic Times

Gold continues to shine bright on strong demand, up 8% since November 2022

The upcoming release of the U.S. core personal consumption expenditure (PCE) price index report, scheduled for Friday, holds significance for investors as it provides insights into the Federal Reserve's policy direction. Key Points

mint

Gold rises Rs 150; silver declines Rs 250

New Delhi, Mar 27 (PTI) Gold price rose Rs 150 to Rs 67,000 per 10 grams in the local market on Wednesday in line with firm trends globally, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 66,850 per 10 grams. However, silver prices declined by Rs 250 to […] Key Points

ThePrint

Gold gains over 11% in FY2024 so far. But are these best returns in last 10 years?

As the financial year 2023-24 (April-March) is set to close in a week, gold's returns so far amount to an impressive 11% beating the inflation by nearly twice. However, returns by silver over the same period have been a mere 3.2%. Key Points

Economic Times

Gold pulls back from record peak as dollar gains

By Anjana Anil (Reuters) - Gold dipped on Friday as the dollar strengthened, but was on track for a weekly gain after rallying to a record high in the previous session in the wake of the U.S. Federal Key Points

ThePrint

Gold pulls back from record peak as dollar bounces

By Anjana Anil (Reuters) - Gold dipped on Friday as the dollar strengthened, but was on track for a weekly gain after rallying to a record high in the previous session in the wake of the U.S. Federal Key Points

ThePrint

Gold retreats as dollar firms, but set for weekly gain

By Sherin Elizabeth Varghese (Reuters) - Gold prices fell on Friday after grazing a record high in the previous session as the dollar firmed, but was set for a weekly gain after the U.S. Federal Key Points

ThePrint

Gold tumbles Rs 875; silver plunges Rs 760

New Delhi, Mar 22 (PTI) Gold price tumbled Rs 875 to Rs 66,575 per 10 grams in the national capital on Friday amid weak trends in global markets, according to HDFC Securities. The precious metal had settled at Rs 67,450 per 10 grams in the previous trade. In addition, silver also plunged Rs 760 to […] Key Points

ThePrint

Between a rock & hot gold, Indians romancing the stone

Gold and silver prices rallied on Thursday after the US Federal Reserve maintained that it would cut interest rates three times in 2024. The weakening of the dollar and prospects of increased liquidity coupled with lower interest rates sparked the rally, said experts. Key Points

Economic Times

Gold loan should be your last resort. Aparna Ramachandra explains why

Aparna Ramachandra advises on navigating the complexities of Gold loans, including interest rate comparisons, repayment strategies, and the significance of assessing lenders' credibility and grievance redressal mechanisms for a secure borrowing experience. Ramachandra points out: If you choose to go to an NBFC, please remember that while your turnaround time is faster, the ability to get the loan is easier, you will end up paying maybe a higher rate of interest compared to a bank. Key Points

Economic Times

Gold advances on renewed rate cut bets after Fed verdict

By Anjana Anil (Reuters) - Gold climbed over 1% on Wednesday after the U.S. Federal Reserve indicated they expect to reduce interest rates by three quarters of a percentage point by end-2024, sending Key Points

ThePrint

Gold stalls as traders position for Fed rate decision

By Anjana Anil (Reuters) - Gold was little changed on Wednesday as traders waited for the Federal Reserve's interest rate signals at the end of the U.S. central bank's meeting and Chair Jerome Key Points

ThePrint

ETMarkets Smart Talk: Big money made when a midcap/ smallcap stock is in Nifty100 league: Sameer Kaul

Sameer Kaul advises caution on high valuations and recommends quality large-cap investments. FY25 may not repeat FY24 returns. Various sectors show promise. Gold prices hit record highs. RBI emphasises stronger credit standards and KYC norms. Kaul says: We continue to advocate a disciplined approach of regular investment and refrain from the temptation of putting a qualitative tag on the market regarding its worth or the lack of it Key Points

Economic Times

Beyond the Bling: 3 best investment assets for women in gold

Investing empowers women with financial independence and long-term security, creating wealth for the family. Yellow Gold provides stability, security, and acts as a hedge against losses, offering easy liquidity and protection against inflation risks. Key Points

mint

Gold falls to Rs 66,140 per 10 grams; silver declines Rs 100

New Delhi, Mar 18 (PTI) Gold price marginally fell Rs 10 to Rs 66,140 per 10 grams in the national capital on Monday, according to HDFC Securities. The precious metal had closed at Rs 66,150 per 10 grams in the previous trade. Silver also declined Rs 100 to Rs 77,000 per kg. Show Full Article […] Key Points

ThePrint

Gold little changed ahead of Fed meeting

By Sherin Elizabeth Varghese (Reuters) - Gold prices were little changed on Monday ahead of the U.S. Federal Reserve's policy decision and a series of other central bank meetings this week. Spot gold Key Points

ThePrint

Gold regains ground as investors strap in for Fed policy meet

By Anjana Anil (Reuters) - Gold prices firmed after dipping to one-week lows on Monday as investors awaited a series of central bank meetings this week, including the U.S. Federal Reserve's policy Key Points

ThePrint

Gold hits more than one-week low ahead of Fed meet

By Sherin Elizabeth Varghese (Reuters) - Gold prices fell to a more than a one-week low on Monday, as investors positioned ahead of the U.S. Federal Reserve's policy decision and a series of other Key Points

ThePrint

'Gold and Bitcoin are both useless asset classes': Why average investors must avoid gold, cryptocurrencies

Gold and Bitcoin investments: This is a dangerous illusion. The volatility of these assets makes them unsuitable for the average investor seeking stability and growth over the long term. Though some have built fortunes on the rapid ascent of Bitcoin and gold, many more have suffered losses when their values plummeted without warning. Key Points

Economic Times

Gold retreats as dollar, yields firm on higher US inflation data

By Anjana Anil (Reuters) - Gold slid on Thursday after a larger than expected rise in February's U.S. producer price index (PPI) cooled expectations of early rate cuts by the Federal Reserve, boosting Key Points

ThePrint

Gold falls as dollar firms, traders await more US data

By Harshit Verma (Reuters) -Gold prices fell on Thursday, hit by a firmer U.S. dollar and elevated Treasury yields, while traders awaited more U.S. economic data that could steer hopes for a mid-year Key Points

ThePrint

Why are Gold and silver valuable additions to an investor's portfolio? Explained

Stock market indices are breaking records, while bond yields have eased globally. Gold and silver are valuable additions to a diversified portfolio, offering uncorrelated assets to equities. Both metals perform well during economic challenges, providing inflation protection and high returns. Key Points

mint

Gold rebounds on dollar retreat as Fed still seen cutting rates

By Anjana Anil (Reuters) - Gold prices rose on Wednesday, buoyed by a weaker dollar, as investors held on to hopes of a June rate cut by the Federal Reserve despite a hot U.S. inflation print, while Key Points

ThePrint

Gold subdued as US inflation surprise casts doubt on June rate cut

By Harshit Verma (Reuters) -Gold prices steadied on Wednesday, after posting their biggest drop in a month in the previous session, as sticky U.S. inflation raised concerns that the Federal Reserve Key Points

ThePrint

Centre exempts Gold import by RBI from customs duty, agri cess

The Centre exempted Gold imported by the Reserve Bank of India from import duty and Agriculture Infrastructure Development Cess. India, the second-biggest consumer of gold, depends on imports. Cumulative Gold imports reached $37.85 billion from April-January in FY24, with imports in January alone standing at $1.9 billion. Key Points

Economic Times

Chinese buying set the stage for gold’s latest record run

The Gold rally, triggered by bets on the US Federal Reserve's pivot to looser monetary policy, was fueled by investment funds and algorithmic traders, while central banks, especially China, continued to make massive purchases. Geopolitical risks further supported the rally as Gold prices reached record highs. After months of mostly treading water, the Gold market suddenly sprang to life last Friday. Prices breached Decembers record on Tuesday and have jumped to successive daily highs ever since. Key Points

Economic Times

Gold marches higher as US jobs data boosts bets of early rate cut

By Anjana Anil (Reuters) - Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment rate boosted expectations that the Federal Reserve could begin cutting Key Points

ThePrint

Want turbocharged returns in 2024? Then invest in gold

Gold prices are soaring, driven by interest rate cut hopes, weakening dollar index, and geopolitical unrest. Central banks' increasing Gold reserves and expanding industrial demand further support Gold prices. Investors should consider adding Gold to their portfolios. Key Points

Economic Times

PSU banks ordered to test purity of Gold loan book

The concern comes amid a 17% rise in Gold loans on a year-on-year basis and a 16.6% rally in the yellow metal's prices. Loans against Gold jewellery stood at ₹1,01,934 crore as of January 26 and Gold prices have touched a high of ₹65,140 per 10 grams on March 5. The finance ministry stated that it had noticed instances of non-compliance regarding the Gold loan portfolio and had hence issued the directive. Key Points

Economic Times

Gold nanoparticles can help arrest ageing: Experts

Gold nanoparticles, known as 'gold bhasma,' have various therapeutic and beautifying properties. They protect the skin, combat aging, improve metabolism, and rejuvenate the body. The efficacy of Gold nanoparticles in skincare is supported by Ayush, AIMIL, and European researchers. AIMIL's sparkling Gold face wash, enriched with Kashmiri saffron, rose, lotus, and marigold distillates, promotes a balanced complexion. Key Points

Economic Times

Gold extends rally to hit new record as Powell hints at rate cut in 2024

By Harshit Verma (Reuters) - Gold prices rallied to hit new records on Thursday, on track for their seventh consecutive daily rise, led by weak U.S. economic data and Federal Reserve Chair Jerome Key Points

ThePrint

Gold extends rally to record as Powell hints at rate cut in 2024

By Harshit Verma (Reuters) - Gold prices surged to a record high on Thursday, poised for their seventh consecutive daily rise, led by sluggish U.S. economic data and Federal Reserve Chair Jerome Key Points

ThePrint

Gold Rate Today: Yellow metal hits yet another life high of Rs 65,298; monthly gains extend to over Rs 2,7

Gold reached a new lifetime high on the MCX due to hopes of a US Federal Reserve interest rate cut. MCX Silver declined while the dollar index (DXY) fell. Gold and Silver futures on Comex were trading at $2,158.50 and $24.390 per troy ounce, respectively. Key Points

Economic Times

Gold rises Rs 150; silver declines Rs 400

New Delhi, Mar 6 (PTI) Gold prices on Wednesday rose by Rs 150 to Rs 65,150 per 10 grams in the national capital amid strong global cues, according to HDFC Securities. Extending gains for the second straight day, the precious metal touched a fresh lifetime of Rs 65,150 per 10 grams. In the previous trade, […] Key Points

ThePrint

India mulls quota-based duty cuts on Gold imports to Switzerland under EFTA

Switzerland had sought duty concessions on inbound shipments of gold, which accounts for about 80% of Indias total imports from Switzerland. Quota based concessions to Switzerland are crucial as India has already extended 1% duty concession to Gold importers under tariff rate quota in its trade pact with the UAE. Key Points

Economic Times

Gold holds above $2,100 near record high, focus on Powell testimony

By Harshit Verma (Reuters) - Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders Key Points

ThePrint

Mounting US rate cut bets fuel Gold to record highs

By Anjana Anil and Ashitha Shivaprasad (Reuters) - Gold struck a record high on Tuesday, moving further above $2,100 per ounce in a rally sparked by growing bets for a U.S. interest rate cut in June, Key Points

ThePrint

Yellow metal surges Rs 800 to hit record high of Rs 65K per 10 gm

Gold prices on Tuesday surged Rs 800 to hit a fresh record high of Rs 65,000 per 10 gm in the national capital amid strong global trends, according to... Key Points

The Tribune India

Mounting US rate cut bets push Gold to record highs

By Anjana Anil and Ashitha Shivaprasad (Reuters) - Gold struck a record high on Tuesday, moving further above $2,100 per ounce in a rally sparked by growing bets for a U.S. interest rate cut in June, Key Points

ThePrint

Gold carried to record high on wave of momentum with focus on US rates

By Polina Devitt and Ashitha Shivaprasad LONDON (Reuters) - Gold hit a record high on Tuesday, with growing expectation of U.S. monetary easing and continued geopolitical risk buoying activity from Key Points

ThePrint

Gold hits record high of Rs 65,000 per 10 grams

Silver also rallies Rs 900 to Rs 74,900 per kg. Gold prices on Tuesday surged Rs 800 to hit a fresh record high of Rs 65,000 per 10 grams in the national... Key Points

The Tribune India

Gold hovers near 3-month peak as eyes on Powell's testimony

By Harshit Verma (Reuters) - Gold prices steadied near a three-month peak on Tuesday, supported by subdued U.S. manufacturing and construction spending, as investors awaited testimony from Federal Key Points

ThePrint

Gold hovers near 3-month peak; focus on Powell's testimony

By Harshit Verma (Reuters) - Gold prices steadied near a three-month peak on Tuesday, supported by subdued U.S. manufacturing and construction spending, as investors awaited testimony from Federal Key Points

ThePrint

Gold remains flat at Rs 64,200 per 10/grams; silver declines Rs 200

New Delhi, Mar 4 (PTI) Gold prices remained flat at Rs 64,200 per 10 grams in the national capital on Monday in line with firm global trends, according to HDFC Securities. However, silver prices plunged Rs 200 to Rs 73,800 per kg, while it had ended at Rs 74,000 per kg in the previous trade. […] Key Points

ThePrint

Gold lingers near two-month peak as bets build for June US rate cut

By Sherin Elizabeth Varghese (Reuters) - Gold prices were anchored near a two-month peak on Monday, following last week's tepid U.S. economic data, which solidified bets for the Federal Reserve's Key Points

ThePrint

Gold hovers near two-month peak as bets build for June US rate cut

By Sherin Elizabeth Varghese (Reuters) - Gold prices were anchored near a two-month peak on Monday, following last week's tepid U.S. economic data, which solidified bets for the Federal Reserve's Key Points

ThePrint

Gold near two-month peak as anticipation builds for June US rate cut

By Harshit Verma (Reuters) - Gold prices lingered close to a two-month high on Monday, after softer U.S. economic readings last week cemented prospects of an interest rate cut in June by the Federal Key Points

ThePrint

Gold near two-month peak on rising hopes for Fed rate cut in June

By Harshit Verma (Reuters) - Gold prices lingered close to a two-month high on Monday, after softer U.S. economic readings last week cemented prospects of an interest rate cut in June by the Federal Key Points

ThePrint

Gold advances to 4-week peak as US rate cuts expected soon

By Ashitha Shivaprasad (Reuters) - Gold started March on a positive note, with prices rising to a four-week high on Friday after data showing signs of abating inflation hardened expectations of a U.S. Key Points

ThePrint

Gold hovers near one-month peak on slowing US inflation

By Harshit Verma (Reuters) - Gold prices hovered near a month high on Friday after data suggested easing U.S. price pressures, while traders awaited remarks from several Federal Reserve officials. Key Points

ThePrint

Gold holds ground as traders buckle in for Fed cues

By Ashitha Shivaprasad (Reuters) - Gold prices ticked up on Wednesday as traders strapped in for key economic data and comments from U.S. central bank officials on the timeline of interest rate cuts. Key Points

ThePrint

Gold holds firm as investors look to inflation data

By Ashitha Shivaprasad (Reuters) - Gold prices moved up on Tuesday as the U.S. dollar and Treasury yields lacked momentum, while investors await key inflation reading and comments from Federal Reserve Key Points

ThePrint

Gold subdued as traders ready for US inflation data

By Ashitha Shivaprasad (Reuters) - Gold inched lower on Monday as the market focus shifted to U.S. inflation data due this week which could influence the timeline of Federal Reserve interest rate cuts Key Points

ThePrint

Gold backs off two-week highs on US rate cut concerns

By Sherin Elizabeth Varghese (Reuters) - Gold prices eased on Monday, hovering below the over two-week peak hit in the previous session, as fading odds of an early U.S. interest rate cut weighed on Key Points

ThePrint

Gold off two-week highs as US dollar ticks higher

By Sherin Elizabeth Varghese (Reuters) - Gold prices inched lower on Monday pressured by a gaining U.S. dollar, but bullion's losses were cushioned as growing tensions in the Middle East supported the Key Points

ThePrint

Gold slips as dollar firms after US data signals resilient economy

By Anushree Ashish Mukherjee (Reuters) - Gold prices fell from a near two-week high on Thursday, driven by a firm U.S. dollar after jobless claims data indicated a strong economy, while investors Key Points

ThePrint

Gold climbs on dollar retreat and conflict-driven demand

By Anjana Anil (Reuters) - Gold prices rose on Thursday, driven by a retreating U.S. dollar and safe haven demand on the back of the Middle East conflict while investors await further U.S. economic Key Points

ThePrint

Gold firms as softer dollar, Middle East tensions lend support

By Sherin Elizabeth Varghese (Reuters) - Gold prices edged higher on Thursday, buoyed by a weaker dollar and escalating tensions in the Middle East, while investors await more U.S. economic data that Key Points

ThePrint

Gold rises on softer dollar, safe-haven demand; focus on Fed minutes

By Sherin Elizabeth Varghese (Reuters) - Gold prices rose for a sixth straight session on Wednesday, supported by a weaker dollar and safe-haven buying, ahead of the minutes from the U.S. central Key Points

ThePrint

Gold hits over one-week high as dollar eases, Fed minutes on radar

By Anushree Ashish Mukherjee (Reuters) - Gold prices climbed to their highest level in more than a week on Tuesday as the dollar retreated, while the spotlight shifted to the release of the U.S. Key Points

ThePrint

Gold at 1-week high as soft dollar, Middle East turmoil lift demand

International Business News: Gold prices rose to a nearly one-week high on Monday as a slight pullback in the U.S. dollar and escalating tensions in the Middle East lifted bullion's safe-haven appeal. Key Points

Times Of India

Gold climbs Rs 250; silver tumbles Rs 500

New Delhi, Feb 19 (PTI) Gold prices climbed Rs 250 to Rs 62,800 per 10 grams in the national capital on Monday amid a rise in the precious metal’s prices in the global markets, according to HDFC Securities. In the previous close, the yellow metal had ended at Rs 62,550 per 10 grams. However, silver […] Key Points

ThePrint

Does Gold give you only mental comfort or good returns as well?

Gold earns nothing and suffers the commodity cycle that tosses its prices up and down. The appreciation just about matches inflation rates over time. One could argue with data, but no one might care. The nominal value of the commodity is what many like to look at. Key Points

Economic Times

Gold hits near 1-week peak on softer dollar, safe-haven demand

By Sherin Elizabeth Varghese (Reuters) - Gold prices rose to a near one-week high on Monday as a slight pullback in the U.S. dollar and escalating tensions in the Middle East lifted its safe-haven Key Points

ThePrint

Is there a place for Gold in your asset allocation?

Gold earns nothing and suffers the commodity cycle that tosses its prices up and down. The appreciation just about matches inflation rates over time. One could argue with data, but no one might care. The nominal value of the commodity is what many like to look at. Key Points

Economic Times

Sovereign Gold Bond Scheme 2023–24 Series IV: What is the allotment date of the latest SGB tranche?

The Sovereign Gold Bond Scheme 2023–24 Series IV has an issue price of Rs 6,263. The subscription period is from February 12 to 16, 2024. Investors receive a fixed interest rate of 2.5% per annum. The bond has a tenor of 8 years with an exit option from the 5th year onwards. Key Points

Economic Times

Gold demand in India can go up to 900 tonnes this year

Somasundaram P.R., MD (India) at the World Gold Council, said a pick up in the purchase of Gold is expected during the second half of the year. Key Points

mint

Sovereign Gold Bonds 2023-24 Series-IV tranche: Benefits, features of SGB

Sovereign Gold Bonds (SGBs) are available for sale to resident Indian entities including individuals, HUFs, Trusts, Universities, and Charitable institutions. Denominated in units of one gram of gold. Interest rate notified by RBI. Redemption based on average closing price of gold. Key Points

Economic Times

Commodity Talk: Key factors that will set the tone for gold, silver & commodities this week

Crude oil prices rose due to geopolitical tensions. Last week, Gold and silver ended negatively, while silver showed resilience amid base metals downturn. Energy prices were favorable, driven by crude oil increase. Key factors include US inflation data and PPI data, along with speeches by Fed governors. The headline inflation is expected to come down to 2.9%, which was 3.4% last month. Key Points

Economic Times

Gold hits more than one-week low as stronger dollar, yields dent appeal

By Anushree Ashish Mukherjee (Reuters) - Gold dropped to more than a one-week low on Monday, weighed down by a higher dollar and bond yields after a solid U.S. jobs report and remarks from Federal Key Points

ThePrint