Religare Broking Podcast

Markets extended gains for the third successive week and made a new record high as well.

Markets extended up move after a day of pause and gained nearly half a percent.

Gold futures have recovered from the previous day’s decline. An increase in the Jobless claims data seems to offer support for the market.

Markets traded volatile on the weekly expiry day and ended marginally in the green. 

Gold futures are trading slightly lower below 58500 due to concerns about potential interest rate hikes following the latest U.S. consumer price inflation data, which met expectations.

Markets edged higher after a day of pause and gained nearly half a percent.

Gold prices held near two-week lows on Wednesday as higher U.S. bond yields weighed on bullion's appeal, while traders kept their eyes peeled for U.S. inflation data that could shape the Federal Reserve's interest rate path.

Markets took a breather after the recent surge and ended unchanged.

Gold inched lower on Tuesday due to a slight uptick in the dollar, although prices held a narrow range ahead of a widely watched U.S. inflation print that could provide more clarity on the Federal Reserve's interest rate trajectory. 

Markets made a robust start to the week and gained nearly a percent, in continuation of the prevailing trend.

Gold has recovered from Friday’s decline as the  dollar retreated from highs but  the Fed remains concerned with raising rates too high now as they are seeing significant signs that inflation is beginning to move in the right direction.

Market extended up move for yet another session and gained nearly half a percent.

Gold has firmed as the dollar retreated from highs but the bullion is still set for a weekly fall as traders looked beyond a widely expected pause by the Federal Reserve this month to focus on persistently robust U.S. data.

Markets extended recovery on the weekly expiry day and gained over half a percent.

Gold is holding below the $1,921 an ounce level, facing pressure from a rallying dollar as stronger-than-expected US services sector data raised inflationary and rate hike concerns.

Markets traded volatile and ended marginally higher, in continuation to the prevailing recovery phase. 

Gold has recovered from the morning lows as shorts preferred covering the positions ahead of the PMI releases.

Markets consolidated in a range and ended marginally higher, taking a breather after the recent rebound. 

Gold slipped to a one-week low as investors sought the U.S. dollar after weak data in China, although rising expectations for a pause in interest rate increases by the U.S. Federal Reserve limited losses.

Markets extended rebound amid volatility and gained nearly half a percent.

Gold has edged higher today, buoyed by a slight pullback in the U.S. dollar as market participants grew more confident the Federal Reserve may have finished raising interest rates.

Markets started the September series with a strong rebound and gained nearly a percent.

Gold prices have firmed as investors braced for U.S. jobs data that could confirm the economy's recent cooling trend and reduced rate hike expectations that have set gold on track for its second straight week of gains. 

Markets traded volatile on the monthly expiry day and lost nearly half a percent, in continuation to Wednesday’s fall. 

Gold prices are supported by lower than forecast US second quarter GDP numbers which showed that the economy expanded by 2.1% versus the expectation of 2.4 %.