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Market move▼ Bearish for Indian equities
Gold heads for weekly decline as stronger dollar and Fed outlook weigh
The brief
- Spot gold rose 0.2% to $4,288.36/oz, but was down 2% for the week
- US gold futures rose 0.6% to $4,323.10
- Lower gold prices affect Indian jewellers and gold-linked investments
- Gold, Silver Face Another Choppy Spell This Week As US Data, West Asia Tensions Take Centre Stage: Analysts
- Bullion may stay volatile as US data, W Asia tensions take focus: Analysts
- Who safeguards the gold and silver behind your ETF? SEBI approves tighter vault rules
- SEBI extends bullion vaulting rules to gold and silver ETFs and derivatives
- Gold, silver extend losses on MCX as stronger dollar, higher yields weigh on metals