Gold declined following a solid U.S. labor report that may strengthen the Federal Reserve’s case to use aggressive interest-rate hikes to tackle inflation.
PIA CHAUHAN
Gold Declines as a Rising Dollar Saps Demand [29-03-2022]
Gold dropped as a rising dollar sapped demand for the haven asset. A gauge of the dollar climbed to the highest in more than a week, while yields on two-year Treasuries surged as much as 14 basis points earlier to lead increases across the curve. Higher rates reduce the appeal of non-interest-bearing gold.
Gold Technical Forecast: What if Gold Trades Consistently Above $1918? – Neal Bhai Reports
Gold Technical Forecast: As observed on the daily chart, with the 14-day Relative Strength Index (RSI) defending the midline, gold price has managed to hold above the one-month-old rising trendline support, now at $1,918.
Gold Near Record Deters Some Indian Buyers From Jewelry Shopping
Gold’s rapid rise to near record ($2,068) levels is unnerving some buyers in India, who are holding off on purchases, and worrying jewelers in the country’s vibrant bazaars.
Geopolitical Risks, Amid Inflation, Is Gold Prices Ready For An Up Side Rally?
Gold prices is considered a hedge against inflation. Negative real interest rates can buoy demand for it. The yellow metal is also seen as a safe haven in times of geopolitical stress. And central banks see the benefits of it when fiat currencies in their reserves are volatile.
Is Nifty Honeymoon Period Over? : No power to lift Nifty very high [26-02-2022]
Nifty Honeymoon Period Over: This week was one for the record books. We saw the largest range for a day after about nearly two years. The last time around when the Nifty dropped more than 5% (and Bank Nifty 6%) was back in March 2020.
Gold Prices Ready For $2,000 in Coming Sessions [25-02-2022]
Gold prices witnessed extreme volatility on Thursday, turning out to be one of the best days for traders, in the face of the fateful event of the Russian incursion of Ukraine.