Gold Prices Today: Fed & RBI's interest rate hike to pull yellow metal lower, sell on rise - Moneycontrol

5/4/2022 12:00:00 AM3 yearsago
by Sandip Das
by Sandip Das
The aggressive monetary policy of major central banks puts pressure on gold prices and extends the selling momentum. The day trend in the precious metals may remain down where sell on rise strategy can be followed to initiate trade, said Nirpendra Yadav, Seni…
Gold prices climbed on Thursday in the international markets as the Federal Reserve expectedly raised interest rates by 50 basis points to tackle inflation, which the US central bank highlighted as a… [+3679 chars]
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