Gold Prices Decline Amid Strong U.S. Economic Data

gold-prices-decline-amid-strong-us-economic-data

Gold prices update: prices dipped 0.33% to settle at ₹78,166, weighed down by robust U.S. jobs data and a stronger dollar, which tempered expectations of aggressive Federal Reserve rate cuts. Technical Overview:

1 tola Gold Price in India: Market Overview

1-tola-gold-price-in-india-market-overview

1 tola Gold price in India have recently seen a decline, falling by 1.16% to settle at 75,161. This drop is largely attribute to strong U.S. employment data, which has diminished the likelihood of significant interest rate cuts by the Federal Reserve. Consequently, the market is responding to weak demand, as evidenced by widening discounts […]