Sensex
80,426.46 profit arw -733.22 (-0.90%)
Nifty
24,654.70 profit arw -236.15 (-0.95%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 10-Jan-2024
Other Markets - Bullion Markets
10-Jan-2024     14:05

Gold Bounces Back in Asian Trade as Investors Eye US Inflation Data

Gold futures recover in Asian electronic trades following a three-day loss streak, as investors brace for crucial US inflation data to gauge potential Federal Reserve policy shifts. The precious metal faced setbacks due to a resurgent US dollar and rising Treasury yields, diminishing expectations for early and aggressive interest rate cuts by the central bank. With Fed rate cut odds for March at 64%, down from nearly 90% a week ago, the market awaits key economic indicators. MCX February gold futures trade higher at Rs 62,272 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

80,426.46 -733.22 (-0.90%)

Nifty

24,654.70 -236.15 (-0.95%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,128.21 -356.48(-1.35%)