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 : 12-Jul-2024
Other Markets - Bullion Markets
12-Jul-2024     14:15

Gold Takes a Breather; Eyes on Core Inflation Numbers

Gold futures entered correction mode in Asia after jumping to $2430 levels yesterday due to a sharp drop in the US dollar. Market focus today is on US core inflation and consumer sentiment data. Gold is set for a third straight weekly gain, supported by softer-than-expected US inflation figures, with headline inflation at a one-year low of 3% in June and the annual core measure at a three-year low of 3.3%. The dollar index fell near 104, expected to decline for the second week, as cooling inflation fuels expectations of a Federal Reserve rate cut in September. MCX August gold is down Rs 113 at Rs 73198 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%)