Gold has made double bottom around 44,150 and bounced back sharply
Non-yielding bullion is highly sensitive to higher rates, as they increase the opportunity cost of holding gold and boost dollar and bond yields.
The yellow metal lost sheen as investors shifted out of this safe-haven asset to more lucrative investment options, such as cyclical stocks
India's gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told Reuters on Thursday
The dollar index held firm near four-month highs against its rivals, making gold more expensive for holders of other currencies
Range breakout for gold comes above 45,300
For Copper sellers to gain upperhand, they must breach the support of 668 levels
Premature withdrawal results in taxation of capital gain, while corpus received at maturity is tax-free
The Bank of England and Bank of Japan also have meetings on Thursday and Friday this week
Spot gold rose 0.3% to $1,732.02 per ounce by 0134 GMT, while U.S. gold futures for April delivery rose 0.7% to $1,730.90 per ounce
Gold ornaments worth Rs 2 crore have been seized from a vehicle by election department officials at the border village of Gorimedu here
Another surprise build up in US inventory also helped the crude oil prices pushing down below 4,600 but overall trend still is bullish as there is no reversal pattern on daily chart
Bullion is proving to be a less effective hedge against moves in other assets, such as stocks, as well as inflation, according to Russ Koesterich, portfolio manager for BlackRock
The Supreme Court has agreed to examine a question whether the offence of gold smuggling can be termed as terrorist activity
While gold experts remain bullish on the yellow metal, analysts tracking the two non-bank finance companies (NBFCs) believe near-term headwinds continue to dampen outlook for the stocks
By Sumita LayekSpot gold eased 0.3% to $1,692.13 per ounce by 0515 GMT, having earlier fallen to its lowest since June 8 at $1,686.40. For the week so far, it is down 2.3%
Higher U.S. Treasury yields threatened gold's appeal as an inflation hedge as they increase the opportunity cost of holding bullion
Any trend reversal for crude oil will only be validated below the 4,350 region
Last week's sell-off in global bonds stabilized after central banks from Asia to Europe provided reassurance that policy support remains in place
Prices had dropped 1.9% on Thursday as benchmark U.S. Treasury yields hit their highest since the pandemic began, lifting the dollar