Gold consolidates in $4,600-$4,800 range for almost 2 months. A big rally brewing in May?

May 2, 2026

Gold prices remain range-bound despite geopolitical tensions, reflecting conflicting macro forces such as high interest rates and a strong dollar. Analysts suggest patience, with no clear trend yet. A decisive move will depend on central bank policy, while investors are advised to adopt a staggered investment approach amid ongoing volatility.

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SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a

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US diesel prices hit a record high, pushing up transportation costs for a long list of goods

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