Gold firms
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
Gold rose over 1% on Friday after a U.S. inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs, while safe-haven demand stemming from the geopolitical tensions in the Middle East also lifted the bullion.
On October 11, 2024, U.S. released Producer Prices report for September. The report indicated that PPI remained unchanged on ...
Gold continues to recover after the Michigan Consumer Sentiment Index reveals a dip in sentiment on Friday. Gold shurgged off ...
A measure of prices paid to US producers was unchanged in September, pointing to a still-favorable inflation outlook and ...
Gold is trying to settle above the $2640 level amid rising demand for precious metals ahead of the weekend. In case this ...
Gold experienced some gains today after declining for six consecutive sessions and recorded increased volatility. The market reacted to the publication of inflation and job market data. This comes ...
Recent decline completed 38.2% fibonacci retracement at $2603 where bargain hunters resurfaced for value buying as ...
Gold prices rose in domestic futures ahead of US inflation data that could influence the Federal Reserve’s monetary policy.
Gold prices in India today witnessed sharp rally after 2-days of consecutive decline after latest data backed bets for US ...
Gold rose on Friday after a U.S. inflation data cemented prospects of rate cuts this year, restraining the dollar below recent highs, while safe-haven demand stemming from the geopolitical tensions in ...
Despite the strength in US dollar, the gold market shows positive consolidation due to geopolitical uncertainity. The ...
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