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Marketing

Hawkish Fed, other bearish factors hurting gold

Weak looking spot gold recovered on Thursday and Friday ahead of the key US PCE inflation data due Friday. Spot gold managed to recover...

Marketing

Gold rises as US bonds rally on inflation data and safe haven buying

Spot gold at $2,334 was up nearly 1.29% on Friday at the time of the MCX closing. Gold rallied as the US bonds extended...

Marketing

Gold records its worst weekly fall this year on hawkish Fed minutes

Gold recorded its worst weekly slump this year in the week ending May 24 on hawkish FOMC minutes and robust US PMIs. Now, markets...

Marketing

Gold prices back in limelight after mild correction

Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the...

Marketing

Gold slips to over one-week low on hawkish Fed, US data

Gold fell to more than a week's low on Thursday, extending its decline for a third straight session, as investors grew apprehensive over U.S....

Marketing

Kalyan Jewellers, Sky Gold, 2 more jewellery stocks turn multibagger since last Akshaya Tritiya

While gold has delivered 16% returns since last Akshaya Tritiya, Indian equity markets have produced four multibagger stocks in the jewellery segment during this...

Marketing

Inflation concerns weigh on gold as yellow metal ends with second weekly declines

Spot gold closed $2 down at $2301 in a highly volatile market Friday. US nonfarm payroll and ISM services data fell short of forecast;...

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