Gold prices retreated on Monday as U.S. Treasury yields firmed, while investors’ attention turned to economic data for clues on the Federal Reserve’s interest rate trajectory in 2025 after the central bank flagged a slower pace of rate cuts this year.
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Crude Oil resists dollar pressure to hold at three-month high
Crude Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as colder weather spurred buying while further support came from expectations of tighter sanctions on Iranian and Russian oil exports.
Gold price today: Experts reveal strategy for bullion
Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. MCX Gold for February 5 expiry traded 0.24 per cent higher at ₹76,731 per 10 grams around 9:55 AM.
Crude Oil gains as cooling US inflation points to possible easing
SINGAPORE (Reuters) – Crude Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the market.
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Silver price today: Silver Rises
Silver prices (White Metal) rose on Monday, according to data. Silver trades at $29.77 per troy ounce, up 0.53% from the $29.61 it cost on Friday.
Federal Reserve set to cut interest rates
The US Federal Reserve (Fed) will announce monetary policy decisions following the December policy meeting on Wednesday. Alongside the policy statement, the US central bank will publish the revised Summary of Economic Projections (SEP), also known as the dot plot.