Precious metals are poised for a corrective phase this week, with Middle East developments and crucial US economic data, including Fed speeches, shaping investor sentiment. Domestic gold saw a slight dip, while silver gained, supported by a weaker rupee. Global gold declined, but silver rebounded, buoyed by safe-haven demand and strong Chinese imports. Precious metals are poised for a corrective phase this week, with Middle East developments and crucial US economic data, including Fed speeches, shaping investor sentiment. Domestic gold saw a slight dip, while silver gained, supported by a weaker rupee. Global gold declined, but silver rebounded, buoyed by safe-haven demand and strong Chinese imports.
Trending
- Watch: Pak dy PM falls on red carpet while welcoming Egyptian FM
- Indian-American author Padma Lakshmi backs ‘No Kings’ protests against Trump policies
- Nitish Kumar to resign from Bihar legislative council tomorrow
- Airlines must offer 60% seats free from April 20, says DGCA
- ‘Illatharasi’ coupons, welfare schemes: Stalin releases ‘superstar’ DMK manifesto for Tamil Nadu assembly polls
- Sunil Narine scripts history, etches name in IPL record books
- Rahul Arunoday Banerjee passes away after drowning during shoot in Digha
- Palm Sunday: Pope Leo says God rejects prayers of those who wage war