In general, despite some dollar strength, the gold market is really being supported by the ongoing belief in rate cuts and the lower yields we ve seen since yesterday.
Foreign institutional investors offloaded shares worth Rs 1,816.91 crore, while domestic institutional investors bought Rs 1,622.05 crore worth of stocks on November 1, provisional data from the National Stock Exchange showed.
Gold steady as investors strap in for Fed s policy decision zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
By Anjana Anil Nov 1 (Reuters) - Gold started November on a softer note, with investors on the watch for the U.S. Federal Reserve's policy decision due later in the day, after concerns over the Middle East conflict boosted the safe-haven asset's prices above $2,000 an ounce last month. Spot gold fell 0.2% to $1,978.36…
Gold started November on a softer note
on Wednesday as investors awaited U.S. Federal Reserve s policy
decision due later in the day, after concerns over the Middle
East conflict boosted safe-haven.