Sensex
82,408.17 profit arw 1,046.30 (1.29%)
Nifty
25,112.40 profit arw 319.15 (1.29%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 29-May-2024
Other Markets - Bullion Markets
29-May-2024     13:59

Gold Clings to $2,350 as Fed Stance Wavers

Gold prices edged below $2,350 per ounce as investors reduced bets on US Fed rate cuts. Minneapolis Fed President Neel Kashkari suggested delaying rate cuts until inflation significantly improves. Traders are focused on the upcoming PCE inflation report, expected to show stable prices. Geopolitical risks in the Middle East continue to support gold's safe-haven appeal, with Israel denying recent strikes in Gaza. Mcx August bullion futures were seen trading slightly lower at Rs 72342 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,408.17 1,046.30 (1.29%)

Nifty

25,112.40 319.15 (1.29%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,530.49 292.74(1.26%)