Gold prices may face significant pressure in the coming months if the US Federal Reserve signals fresh interest rate hikes, according to a recent report by Deutsche Bank. The German banking giant has revised its gold price outlook lower, warning that tighter monetary policy could weigh heavily on the precious metal.
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Fed Shifts Gears: Will the Rally in Gold and Silver Stall?
Fed interest rate decision: Gold and silver have delivered strong gains over the past several months, supported by economic uncertainty, inflation concerns, and expectations of interest rate cuts. However, the latest signals from the US Federal Reserve have left investors wondering whether the rally in precious metals can continue.
Silver Rate Today Falls 2% to ₹2.34 Lakh Amid Strong Dollar and Rising Crude Oil Prices
Silver rate today: Silver prices in India fell sharply on Wednesday, extending recent losses as investors reacted to a stronger US dollar, rising crude oil prices and growing expectations of higher interest rates. The decline came as renewed military tensions between the United States and Iran heightened concerns about inflation, prompting markets to reassess the outlook for monetary policy.
MCX Gold Price Outlook: Gold Falls Nearly 2% Last Week, More Downside Risk Ahead
MCX Gold Price Outlook: MCX Gold prices witnessed a sharp decline of nearly 2% last week, indicating a change in market sentiment. The recent fall suggests that the strong bullish trend seen earlier is losing momentum, while sellers are gaining control.
India may end refined copper import dependence this year, says Hindalco MD
India could end its reliance on imported refined copper as early as this year, as new domestic smelting capacity and expansion projects begin narrowing the supply gap, according to Hindalco Industries (NSE: HINDALCO) managing director Satish Pai.