Gold prices slightly decreased to $3,741.71 per ounce as stronger U.S. economic data tempered expectations for Federal Reserve rate cuts, boosting the dollar. Investors are keenly awaiting U.S. inflation data for further market direction. New tariffs imposed by President Trump also add to the economic landscape, while other precious metals saw mixed movements.
Nifty reclaims 200 WMA; eyes further gains as key resistance shapes next move
Indian equity markets rebounded 2.78%, with the Nifty reclaiming its crucial 200-week moving average. However, weak momentum indicators and overhead resistance warrant caution. Banking, metal,