Religare Broking Podcast

Gold is trading flat amid lack of any relevant data release for the bullion market and investors rotation into the ETF’s.  The market is also witnessing broad liquidation of well-owned positions, coupled with a safe hedge against geopolitical tensions and economic slowdowns.

Markets traded volatile after Monday’s decline and settled marginally lower amid mixed signals.

Gold prices inched up as the non-yielding metal's outlook remains positive in response to the latest commentary from Federal Reserve officials, and data point towards bigger U.S. interest rate cuts

Markets plunged sharply on Monday, losing over 2.5% due to weak global cues

On Friday, the markets traded under pressure and lost over a percent due to weak global cues

 Gold has gained sharply on worries of further Middle Eastern violence over the weekend, after Iran said Israel assassinated Hamas's top political leader in Tehran, in addition to the increasing prospects of the Federal Reserve lowering U.S. interest rates

Markets edged higher amid a consolidation bias and closed slightly in the green.

Gold prices eased a bit after posting record highs. The futures reached a new all-time high in Asian trading, sparked by rising Middle East tensions and increasing prospects of the Federal Reserve lowering U.S. interest rates

Markets remained range-bound for the third successive session, ultimately gaining nearly half a percent.

Gold prices firmed in response to the killing of Hamas leader in Iran, with the metal heading for a monthly gain driven by optimism about potential U.S. interest rate cuts as focus shifts to the Federal Reserve's upcoming policy decision. 

The markets traded lackluster and ended almost unchanged, taking a breather after Friday’s surge

Gold has steadied after the morning session losses and attempts for a recovery now

Markets remained volatile on the monthly expiry day and ended nearly flat, continuing the current consolidation trend.

 Gold has steadied after the morning session losses as traders await key U.S. economic and inflation data later this week that could influence the Federal Reserve's policy decision timeline.

The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase.

International gold prices are edging higher as traders await key U.S. economic and inflation data later this week that could influence the Federal Reserve's policy decision timeline. The day’s support lies near 67800 with resistance close to the 69500 level.

Union Budget day turned into a roller coaster for investors, with the Nifty Index fluctuating dramatically before ending the session flat.

Global gold prices are broadly flat after slipping in the previous session as the U.S. dollar firms and traders await key U.S. data for more cues on the path of inflation.

The markets began the week on a subdued note and ended nearly unchanged, reflecting caution ahead of the Union Budget.

Gold has moved up as the dollar weakened in response to President Joe Biden's decision to withdraw from the 2024 presidential race, and participants looking for cues with respect to any development on the FED’s monetary policy approach. 

Markets experienced profit-taking and shed nearly a percent, erasing the gains of the previous trading session.

Gold prices have edged lower mainly due to profit-taking after prices hit an all-time high earlier in the week and weak Swiss gold export data in June. 

The markets extended their upward movement for another session, gaining over half a percent, continuing the existing uptrend. After an initial decline, the Nifty experienced sharp oscillations on both sides in the first half,

Gold is consolidating just below its recent record high on growing U.S. interest-rate cut hopes. The precious metal continues holding above the $2,487.4 an ounce support.

The markets traded subdued and closed nearly unchanged today, pausing after recent gains.