Gold futures on the MCX have gained by 2.37% or Rs 1,445 per 10 gram on the month-to-date basis, Analyst Anuj Gupta, Head Commodity & Currency, HDFC Securities informed.
Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike
The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-dated