The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 70,990
Congress leader Rahul Gandhi spoke to people at a neighbourhood market in Delhi on how the price of items, like garlic, peas, etc are straining household budgets
After aggressively cutting rates in September and November this year, the Fed persisted with cuts in December but hinted at fewer reductions in 2025
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 70,990
The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions of fewer rate cuts in 2025 resulted in a decline in gold prices to their lowest level since Nov. 18 last week
The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 70,990
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 71,000
Gold price today: Bears eye $2537 (Rs 74,000), the cycle-low made on November 14, for Gold. Resistance is at $2630 (Rs 76,700)
The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 70,690
Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,830
Gold prices in the world's second biggest buyer of the precious metal have surged 22% so far this year, after rising 15% in 2023
Markets are pricing in a 95.4% chance of a 25 basis points cut in this meeting, expected to be announced at 2 p.m. EST (1900 GMT), according to CME's FedWatch tool
Gold price today: Spot gold is likely to consolidate ahead of the US FOMC monetary policy decision due tonight
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,510
Indian markets took a sharp hit in the previous session as foreign portfolio investors (FPIs) turned wary ahead of the Fed's policy outcome
Early indicators point to a weaker start, as GIFT Nifty futures were trading 51 points lower at 24,687 around 6:31 AM
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,880
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,390
In the previous session, the Sensex settled 843.16 points or 1.04 per cent higher at 82,133.12. Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30