Religare Broking Podcast

Gold prices have steadied as the investors look forward to inputs from the US GDP numbers, scheduled for Thursday

Markets traded in a subdued manner and finished almost unchanged, taking a pause after the recent rally. 

Gold prices have eased after the previous day’s gains and the market looks for inputs from the US CB consumer Confidence data.

Markets kicked off the week on a positive note, gaining over half a percent, driven by a dovish stance from the US Fed. Mirroring other global markets, the Nifty opened strong and moved closer to its record high in the early hours.

Gold held near record highs on Monday, buoyed by a softer dollar and dovish remarks from the U.S. Federal Reserve Chair Jerome Powell bolstering expectations of a September interest rate cut.

It was a quiet trading session for the Nifty, which remained in a narrow range and ended the day almost flat.

Gold futures have recovered partially from the previous day’s sharp sell-off.

Markets ended slightly higher in a lackluster session, pausing after the recent rally. Following an initial uptick, the Nifty traded within a narrow range and closed at 24,811.

Gold prices fell as the U.S. dollar edged higher, while traders took positions ahead of U.S. jobs data and comments from the Federal Reserve chief that could offer further clarity on the depth of a likely September rate cut. Tone remains positive with support near 71500 with resistance close to the 72200 level.

The markets edged higher, gaining nearly half a percent, continuing the ongoing trend. Following a flat start, the Nifty traded within a narrow range but saw selective buying in the final hour, pushing the index to close near the day’s high at 24,770

Gold prices are attempting for a pullback as the shorts unwind their positions ahead of the FOMC minutes outcome

The markets continued their upward momentum, gaining nearly half a percent.

Gold prices have trended higher amid rising investment demand and expectations that the FED will reduce the interest rate in September.

Markets began the week on a muted note and ended nearly flat, taking a breather after Friday’s surge. Following an initial uptick, the Nifty traded within a narrow range and ultimately closed at 24,580 level.

Markets staged a robust recovery on Friday, gaining nearly 1.5%, driven by positive global cues. 

The markets remained lackluster and closed flat, taking a pause after Tuesday’s decline.

Gold prices stabilized near their July peak as both the dollar and Treasury yields eased following the latest US producer price index (PPI) data. Traders now look forward to U.S. July consumer price index (CPI) data due on Wednesday and the retail sales data on Thursday for further direction on the U.S.

The markets continued their downward trend, losing nearly a percent as the correction phase persisted

 Gold is presented getting support from the safe-haven inflows as traders awaited U.S. inflation data this week that could shed more light on the Federal Reserve's interest rate cut path.

The markets started the week on a volatile note due to mixed signals but ended largely unchanged

Gold prices edged higher today as investors looked forward to a key inflation report that could shed more light on the U.S. central bank's next policy move.

Gold futures are broadly flat at $2,463.5 a troy ounce, holding ground amid stabilization in the broader financial market and cooling recession fear.

Markets struggled to maintain Wednesday's recovery, ending over half a percent lower due to weak global cues. 

Gold is trading with a positive amid rise in the geo-political risks.

Markets experienced a breather after the recent decline, gaining over a percent, driven by strong global cues.