Gold futures declined nearly 1 per cent to Rs 1.50 lakh per 10 grams on MCX, pressured by a strong US dollar and rising crude oil prices. Analysts said inflation concerns and hawkish central bank signals continued to weigh on bullion sentiment
New Delhi: Rush for safe haven investments during the ongoing market volatility triggered by Russian-Ukrainian conflict is expected to push global gold prices higher. Accordingly, the fears of supply shortages along with robust demand has kept prices higher. Besides, sanctions on Russia which is a major producer of Gold is expected to reduce supply. Last […]
