Religare Broking Podcast

Gold prices steadied today as the investors focused on the minutes of the US Federal Reserve’s last monetary policy meeting.

It was a roller-coaster ride for markets as the Nifty swung volatile in a broader range and finally settled around the day’s low.

Gold was almost flat in the morning, as a recovery in the U.S. Treasury yields from last week's one-month lows along with a strong dollar which surpassed the 106 mark today, capped the upside in the metal.

Markets gained over half a percent amid volatility and settled closer to the day’s high.

Gold prices remained muted in thin trade amid the US independence day holiday.

Markets traded volatile for yet another session and ended marginally lower.

Markets managed to end marginally in the green last amid excessive volatility.

Gold prices rose in the domestic markets today after the Centre hiked the basic import tax on gold to 12.5 percent from 7.5 percent in an effort to curb imports amid the sliding rupee.

Markets remained volatile on the monthly F&O expiry day and finally closed on a flat note.

Gold fell today and was bound for its worst quarter in five as the dollar’s strength and hawkish rhetoric from central banks eroded the appeal of the non-yielding asset.

Markets traded volatile for yet another session and lost nearly half a percent.

Gold traded in a tight range today as prospects of elevated interest rates continued to override its safe-haven appeal to some extent despite looming recession risks.

Markets ended almost unchanged in a volatile trading session tracking mixed cues.

Gold edged up today as the dollar weakened, with gains capped by higher US Treasury yields as investors focus on the ECB central bankers’ forum in Portugal.

Markets started the week on a strong note and gained nearly a percent.

Gold prices rose today as the dollar weakened and economic concerns persisted, while an import ban on the metal from Russia by four of the G7 countries also supported prices to some extent.

Markets edged higher for the second consecutive session, driven by firm global cues.

Markets traded volatile but finally ended with a gain of over 2.5%, taking a breather after the recent fall.

Gold prices firmed today as the dollar eased and economic concerns mounted, but bullion’s constant tussle with expectations for aggressive tightening by the Federal Reserve kept it on course for a weekly dip.

Markets witnessed a roller-coaster ride on the weekly expiry day but finally ended with gains of nearly one percent.

Gold prices fell today weighed down by a stronger dollar and remarks from the US Federal Reserve Chair Jerome Powell about the central bank’s commitment to tame price pressures.

After a breather, bears took tight control over markets as it ended with sharp losses.

Gold prices fell at Comex today as the dollar ticked up and investors looked for more cues on monetary policy strategy when Fed Chair Jerome Powell sits down in front of Congress later in the day.

Markets extended rebound for the second consecutive session and gained nearly 2%, tracking firm global cues.

Gold prices fell at Comex today as the prospect of more rate hikes kept non-yielding bullion under pressure, although a slight retreat in the US dollar capped further downside in the metal.