Religare Broking Podcast

Gold prices continue holding above the key mark of $2,400 per ounce. 

The markets began the week positively, building on Friday's gains

Gold prices held above the key mark of $2,400 per ounce, as traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate reductions.

Markets resumed their uptrend after a brief pause, gaining nearly one percent. 

Gold futures dropped to $2,410.2 a troy ounce, giving back some gains from Thursday's rally but holding above the $2,400 mark on softer-than-expected U.S. inflation data.

Markets traded volatile and closed almost unchanged, in continuation to the previous trading session.

Gold gained near $2,375 for the third straight session, as the investors looked forward to the US CPI data due later today to gauge the Federal Reserve's timing and extent of interest rate reduction. 

Markets fluctuated sharply within a range and ended up losing nearly half a percent

Gold prices edged up, a day after Federal Reserve Chair Jerome Powell's comments suggested the case for interest rate cuts is getting stronger, while investors braced themselves for a crucial U.S. inflation report. The day’s support lies near 72300 with resistance close to the 73100 level.

Today, the Nifty index traded within a narrow range and closed nearly unchanged, resulting in a muted session

Gold traded in a thin range since morning but the bias has remained upwards. Gold has steadied after Friday’s gains but weak dollar and recent data indicating softening US labor market keeps the tone positive. The day’s support lies near 72400 with resistance close to the 73100 level.

he markets experienced profit-taking and ended nearly flat, as expected.

Gold traded in a thin range since morning but the bias has remained upwards

The markets traded within a narrow range and ended nearly unchanged, pausing after Wednesday's gains.

Gold has been stuck in a thin range since morning. The tone overall is positive considering the softer-than-expected U.S. economic data have fuelled hopes that the Federal Reserve could cut interest rates as soon as September.

Markets edged higher, gaining over half a percent, driven by favorable cues

Gold prices have moved up as the dollar eased after dovish comments from Federal Reserve Chair Jerome Powell

The markets experienced volatility and closed nearly unchanged, reflecting mixed cues.

 Gold prices have steadied as the investors remain cautious ahead of key economic data that could shed light on the Federal Reserve's potential rate cut trajectory. Intraday support lies near 71200 with resistance close to the 72100 level.

The markets began the week positively, gaining nearly half a percent, extending the ongoing uptrend.

Gold prices were little changed on Monday as U.S. Treasury yields held firm, while investors turned cautious ahead of key economic data that could shed light on the Federal Reserve's potential rate cut trajectory.

The markets traded within a narrow range throughout the day, closing nearly unchanged after a recent surge.

Gold prices are ticking higher ahead of key U.S. inflation data later today, supported by the latest jobless claims figures suggesting a softening labor market and raising hopes that the Federal Reserve will soon be able to start cutting rates.  Intraday support lies near 71100 with resistance close to the 73100 level.

Markets edged higher as expected, gaining over half a percent.

Gold prices have edged lower as markets await PCE data later this week--a key U.S. inflation reading likely to factor in the Federal Reserve's monetary policy decision--amid recent signs of resilience in the economy. Intraday support lies near 71000 with resistance close to the 71600 level.