Sensex
81,118.60 profit arw -573.38 (-0.70%)
Nifty
24,718.60 profit arw -169.60 (-0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 29-Nov-2024
Other Markets - Bullion Markets
29-Nov-2024     14:27

Gold sees first monthly drop in four months amid robust dollar

Gold prices hovered near $2700 per ounce on Friday, lifted by a weaker US dollar and escalating geopolitical tensions. President Putin's missile strike warning and renewed Israel-Hezbollah ceasefire violations bolstered safe-haven demand. However, gold is on track for a weekly loss of over 1%, with traders eyeing US economic data for Fed policy cues. November marks the metal's first monthly drop in four months. Meanwhile, the dollar index slipped below 106, losing 1.5% this week but still up 2% for November, driven by inflationary bets following Trump's election win. On MCX, December gold futures rebounded above ₹77,000 per 10 grams, recovering from lows near ₹75,000.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,118.60 -573.38 (-0.70%)

Nifty

24,718.60 -169.60 (-0.68%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,892.57 -142.82(-0.59%)