Gold pulls back from record highs, drops by ₹2,256 over 3 sessions on profit booking
Gold pulls back from record highs, drops by ₹2,256 over 3 sessions on profit booking
Gold prices reverse after hitting record high, dropping to 1-week low post Fed meeting minutes. Fed's hawkish tone boosts USD, reduces rate cut expectations, impacting gold prices. Central banks cut gold imports as prices surge, with India's imports anticipated to fall by 20% compared to last year.
Gold prices reverse after hitting record high, dropping to 1-week low post Fed meeting minutes. Fed's hawkish tone boosts USD, reduces rate cut expectations, impacting gold prices. Central banks cut gold imports as prices surge, with India's imports anticipated to fall by 20% compared to last year.