Gold futures snapped a three-session losing streak, settling higher as U.S. yields and the dollar fell. The precious metal found support in early Asian trade amid a possible technical correction. Market participants are closely watching U.S. inflation data, which could influence future Federal Reserve policy.
The decline in bond yields reduces the opportunity cost of holding non-yielding gold, while a weaker dollar makes the metal more affordable for international buyers. Gold prices in India also rose to Rs 1.50 lakh per 10 grams, reflecting global trends.
উৎস: Wall Street Journal Markets · সারাংশ: HeadlinesBriefing