Gold prices are likely to remain under pressure in the coming week as investors await key US macroeconomic data for cues on the Federal Reserve’s potential direction on interest rates, which in turn will influence the trajectory for the precious metal, according to analysts. Market sentiment has tilted away from safe-haven assets like gold amid
Precious metals witnessed some moderation in price last week. Gold ($3,369/ounce) lost 1.9 per cent and silver ($36/ounce) was down nearly 1 per cent last week. Similarly, in the domestic market, gold futures (₹99,109/10 gm) depreciated 1.2 per cent and silver futures (₹1,06,224/kg) was down 0.3 per cent. Gold ($3,369) The yellow metal was on
Precious metals slipped last week. Gold ($3,290/ounce) was down 2 per cent whereas silver ($33/ounce) lost 1.5 per cent. Similarly, in the domestic market, gold futures (₹95,875/10 gm) depreciated 1.5 per cent and silver futures (₹97,015/kg) fell 1.1 per cent. MCX-Gold (₹95,875) Gold futures (Aug) drifted lower last week. Nevertheless, it stays above the 21-day
By Danni Haizal Danial Donald KUALA LUMPUR, April 18 (Bernama) — The gold futures contract on Bursa Malaysia Derivatives ended mostly lower on Friday, tracking losses on COMEX, as the commodity weakened after the United States (US) bond market stabilised, said an analyst. SPI Asset Management managing director Stephen Innes said the bullion hit record highs but softened heading into the