From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Gold rallies on softer dollar, easing yields after US midterm results
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 1 outlet
Speaking to ANI in an exclusive interview, Shah said the recent correction in international gold prices was largely driven by global developments rather than factors specific to the Indian market. He identified the US dollar and Federal Reserve interest rates as two major factors influencing gold…
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right · 2 outlets
A softer interest rate outlook tends to support gold, as the precious metal does not offer interest income. A weaker dollar also makes gold more attractive to buyers holding other currencies.
— NDTV
RSS excerpt
Spot gold rises 1.6% to $4,123.71; analyst sees potential recovery toward $4,200-$4,400 if support holds
