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Gold moves below Rs 29K-level; slips by Rs 150 to Rs 28,950 per ten grams

Gold moves below Rs 29K-level; slips by Rs 150 to Rs 28,950 per ten grams

After yesterday's strong rally, gold prices slipped by Rs 150 to Rs 28,950 per ten grams, largely on its global weakness amid subdued demand from local jewellers.

Gold regains 29,000-mark, soars Rs 450 on global cues

Gold regains 29,000-mark, soars Rs 450 on global cues

Gold prices rose sharply by Rs 450 to regain the Rs 29,000-mark and trade at Rs 29,100 per 10 grams at the bullion market today, tracking a firm trend overseas amid fresh buying by local jewellers.

US Fed likely to hike interest rate on Wednesday

US Fed likely to hike interest rate on Wednesday

Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.

Gold price falls to over two-month low of Rs 28,650 per 10 grams

Gold price falls to over two-month low of Rs 28,650 per 10 grams

Gold prices continued to feel the squeeze of growing bets for an interest rate hike by the US Fed as it slumped Rs 250 Wednesday to an over two-month low of Rs 28,650 per 10 grams.

Wall Street slips as Fed meets to decide on interest rates

Wall Street slips as Fed meets to decide on interest rates

US stocks slipped at the open on Tuesday as investors fixed their sights on the outcome of a meeting where the Federal Reserve is widely expected to raise interest rates for the first time this year. 

Gold price falls below key $1,200-level ahead of US jobs data

Gold price falls below key $1,200-level ahead of US jobs data

Gold fell below the key level of USD 1,200 an ounce on Friday and was on track for its worst week in four months, pressured by a stronger dollar ahead of the closely-watched US non-farm payrolls report due later in the day.

Market post 4th weekly gain, up by 135 points

Market post 4th weekly gain, up by 135 points

Market posted fourth straight weekly rise, lifted by buying in select counters, as the benchmark Sensex closed near five month highs by gaining 134.50 points to close at 28,468.75, while the broader Nifty held above the key 8,800-level.

Gold turns firm despite strong US data, Yellen rate hike hints

Gold turns firm despite strong US data, Yellen rate hike hints

Gold rose as the dollar came off its highs on Wednesday, shrugging off earlier pressure from stronger-than-forecast U.S. inflation and retail sales that added to expectations for near-term U.S. interest rate rises.

Fed on course to raise interest rates at an upcoming meeting: Jannet Yellen

Fed on course to raise interest rates at an upcoming meeting: Jannet Yellen

The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy under the Trump administration.

US job growth slows, but wages rebound strongly

US job growth slows, but wages rebound strongly

US employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year.

US Fed rate hikes 0.25% interest rate: Impact on Indian markets

US Fed rate hikes 0.25% interest rate: Impact on Indian markets

Indian stock markets ended lower on Wednesday on a cautionary note that US Federal Reserve will hike interest rates in it Federal Open Market Committee (FOMC) — the policy-setting body of the Federal Reserve System meeting on Thursday.

US Fed raises rates, sees faster pace of increases in 2017

US Fed raises rates, sees faster pace of increases in 2017

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

Gold calm  ahead of Fed meet outcome, silver weakens on muted demand

Gold calm ahead of Fed meet outcome, silver weakens on muted demand

Gold prices remained steady at Rs 28,450 per 10 grams Wednesday ahead of the outcome of the ongoing Federal Reserve meet which is expected to tighten its policy sooner than later.

 Fed rate hike widely expected, policy outlook hinges on Donald Trump presidency

Fed rate hike widely expected, policy outlook hinges on Donald Trump presidency

The two-day policy meeting of the Federal Reserve will conclude on Wednesday afternoon with an assurance of certain rate hike.

US dollar rises against major currencies

The US dollar increased against other major currencies as Federal Reserve Chair Janet Yellen said the central bank is close to raising interest rates recently.

Rate hike likely appropriate 'relatively soon': Janet Yellen

Rate hike likely appropriate 'relatively soon': Janet Yellen

Federal Reserve Chair Janet Yellen said Thursday an interest rate increase likely will be appropriate "relatively soon" as long as there is further evidence of progress in the economy.

Fed holds rates steady, sets stage for December hike

Fed holds rates steady, sets stage for December hike

The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up.

US Fed to hold rates steady, put December hike firmly in view

US Fed to hold rates steady, put December hike firmly in view

The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam.

Fed's Yellen says ''high-pressure'' policy may be only way back from crisis

The Federal Reserve may need to run a "high-pressure economy" to reverse damage from the crisis that depressed output, sidelined workers and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short.

Fed's dilemma: Hike or not!

Fed's dilemma: Hike or not!

With a potentially volatile US presidential election and two months of economic data still to come, the Fed policymakers are engrossed in a dilemma – whether to go for a rate hike or maintain status quo. As of now, they seem to be hovering anywhere in between in the confused territory.