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Commodities

Indian Gold Prices Steady Amid Global Volatility

Guavy AI Editorial Team
Instruments
Gold
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Gold prices in India remained steady on August 2, as investors monitored domestic bullion rates following a volatile week in the global precious metals market.

The yellow metal posted its first monthly gain in five months, supported by easing inflation concerns and continued demand for safe-haven assets.

Retail buyers and investors are now closely watching global economic data and expectations surrounding the US Federal Reserve's next policy move for fresh direction.

Despite international gold prices declining at the end of the previous week, gold futures on the Multi Commodity Exchange (MCX) remained under pressure.

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