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India gold market update: Festive prep begins
Gold prices have gained renewed strength in August, with international gold prices rising over 1% in the first half of the month to reach US$3,335/oz, building on the modest 0.3% gain in July.2 A combination of factors, including a weaker US dollar, expectations of a Fed rate cut, rising inflation expectations, and ongoing tariff developments has driven the recent price movement. Similarly, gold price movement in July was supported by tariff tensions, geopolitical risks, and inflation concerns, with market momentum also contributing. However, overall price movement has remained range-bound. Despite short-term ... (full story)
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- Aug 20, 2025 6:35am Posted byFundamental Analysis271
