COMEX Gold futures consolidated around one and half week high near $1830 per ounce amid sustained inflationary worries. Annual inflation in the Organisation for Economic Cooperation and Development (OECD) area soared to a 30-year high in December last year. The inflation rate climbed to 6.6%, hitting the highest level since July 1991 from 5.9% in November and 1.2% in December 2020, according to OECD data. This increase was driven in part by a surge in annual inflation in Turkiy (to 36.1% in December, after 21.3% in November), read an OECD statement. In December 2021, energy prices jumped by 25.6% compared to December 2020, while food prices soared by 6.8% over the same period, the OECD said.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
