• Indian Commodities Market: Update on Bullion Market- Gold & Silver | 21st June 2024

  • Jun 21 2024
  • Duración: 5 m
  • Podcast

Indian Commodities Market: Update on Bullion Market- Gold & Silver | 21st June 2024 Por arte de portada

Indian Commodities Market: Update on Bullion Market- Gold & Silver | 21st June 2024

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  • Welcome to the Let the Money Talk podcast by PhillipCapital India. In this episode, PhillipCapital's research analyst provides a view on the Base Metals Pack - Gold & Silver | 21st June 2024

    Gold prices held steady on Friday as Fed policymakers, on Wednesday, pushed out the start of rate cuts to perhaps as late as December, implying they will lower rates only once this year, where there were hopes of two cuts and despite some progress in controlling inflation.* Lower interest rates reduce the opportunity cost of holding non-yielding bullion.* U.S. producer prices unexpectedly fell in May amid lower energy costs, indicating that inflation subsided after surging in the first quarter.

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