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Gold futures surged above $4,200 per ounce after the government shutdown ended, marking a significant price increase and highlighting gold's role as a safe-haven asset amid economic data uncertainty.
Global markets are in a holding pattern as investors cautiously await key U.S. jobs data and signals from the Federal Reserve, impacting the dollar, gold, and stocks.
Global markets are in a tense holding pattern, with traders closely watching upcoming U.S. inflation data and central bank speeches for clues on future policy.
Gold prices surged to new all-time highs on September 22, with MCX futures for December delivery reaching Rs 1,12,575, driven by Fed rate cut hopes.
U.S. stock indices like the NASDAQ and S&P 500 reached historic highs, boosted by a surge in Apple stock. Gold and silver also rallied on rate cut hopes.
