Gold prices were buoyed to a one-week high tracking weakness in the dollar overseas ahead of key U.S. inflation data due later in the day that could provide further cues on Fed action going forward. Rising interest rates were the biggest weights on gold prices this year. Any signs of inflation remaining persistent during the month could lead Federal Reserve to hike interest rates for longer. Besides, fears of a recession supported safe haven demand for the yellow metal. COMEX gold is currently quoting higher by 0.3% at $1807 an ounce. Powered by Commodity Insights
Related Tags
Invest wise with Expert advice
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
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
