gold market
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Business
Gold Rates Decline in India Amid U.S. Election and Fed Uncertainty, Check the Rates
Gold prices saw a notable drop in the domestic futures market on Monday as investors exercised caution ahead of two major events this week—the U.S. election and the Federal Reserve’s policy announcement. These events are expected to significantly impact the U.S. dollar, bond yields, and gold prices in the near future. On the Multi Commodity Exchange (MCX), gold futures for…
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Money
Gold Prices Rise in Response to Positive Global Cues and Rate Cuts
Gold prices in the domestic futures market increased on Monday, bolstered by positive global trends following a recent 50 basis points rate cut by the US Federal Reserve. Expectations of further rate cuts through 2026 are supporting gold’s appeal, as lower interest rates reduce yields on interest-bearing assets, making gold a more attractive option for investors. Spot gold prices remain…
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