Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World Gold Council. November saw gold pressured by higher opportunity costs, US dollar strength, and gold ETF outflows.
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
FPIs have been selling off Indian equities in March, with outflows totalling Rs 24,753 crore as of March 7. The trend has slowed slightly, but
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