November, 03 2026 Tuesday 03:51 Hrs
Last update 11-9-2025
  • SENSEX :   75,692.78

  • Commodity broking firm in India1,233.25( 1.66%) 02-Nov-2026
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Sensex 75692.78 1233.25  (1.66) 02-Nov-2026
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Other Markets - Detailed News

Gold Topples to four-month low on lingering inflationary concerns
30-Oct-26   17:22 Hrs IST
Gold futures sustained substantial declines amid persistent inflationary anxieties. Recent US inflation data bolstered anticipations of a Federal Reserve (Fed) interest rate increase later in the year. US Personal Consumption Expenditures (PCE) Price Index advanced 0.5% in September, following a 0.3% increase in August, according to data released by the Commerce Department’s Bureau of Economic Analysis. This development exerted downward pressure on precious metals, prompting COMEX Gold to approach a four-month trough. The yellow metal is presently valued at $4006 per ounce, reflecting a 0.60% decrease on the day. It has relinquished approximately 30% from its peak and has retreated roughly 4% over the past three months. MCX Gold futures experienced a plunge below Rs 150000 per 10 grams and are currently quoted at Rs 141902 per 10 grams, down 0.49% on the day.
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