The overall CPI probably rose less than 3 per cent for the first time in nearly two years, economists forecast Tuesday's report to show
The price of 22-carat gold also declined by Rs 10 with the yellow metal selling at Rs 57,890
'The stage is set for the Fed to take steps toward cutting rates in coming months,' analysts say
Eleven rate hikes by the U.S. Federal Reserve have made borrowing expensive and increased risks of more defaults, especially as credit card debt is typically costlier than other loans
The price of 22-carat gold jumped Rs 300, with the yellow metal selling at Rs 57,700
The price of 22-carat gold slipped Rs 300, with the yellow metal selling at Rs 57,400
The price of 22-carat gold rose Rs 150, with the yellow metal selling at Rs 58,150
The People's Bank of China maintained the rate on its one-year policy loans on Monday, disappointing investors expecting the first trim since August
The price of 22-carat gold slipped Rs 100, with the yellow metal selling at Rs 57,600
The upmove in intra-day trade followed sharp gains in the US markets, particularly technology stocks. However, the tech-heavy Nasdaq index, which gained 2.2 per cent on Monday, saw reversing gains
A net negative 25% of businesses reported improved profits in December, a 7 point increase from the month prior, with labor costs continuing to weigh on earnings, the report said
The price of 22-carat gold declined Rs 200, with the yellow metal selling at Rs 57,800
'Central banks are looking forward to a victory lap as inflation tracks back to target with only a modest blow to growth'
Equity markets rallied the previous year on the back of hopes of the Federal Reserve cutting interest rates by March
While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve's dovish pivot at the December policy meeting turbocharged the run
The price of 22-carat gold remained flat, with the yellow metal selling at Rs 58,550
The price of 22-carat gold declined Rs 350, with the yellow metal selling at Rs 58,550
The US 10-year Treasury yield, the benchmark for borrowing costs globally, has dropped 50 basis points (bps) in December after falling 53 bps in November. Its two-month fall is the biggest since 2008
The Fed is set to start 2024 with fresh evidence that US price pressures are retreating, with data last week marking the first time since March 2021 that the annual PCE price index was below 3%
The price of 22-carat gold was up Rs 200 at Rs 58,400