Gold prices

Major banks such as Goldman Sachs and HSBC now expect the Fed to raise interest rates by 25-basis-points at its policy meeting on Tuesday and Wednesday

The answer from market experts is increasingly leaning toward yes, but with a clear investment strategy rather than short-term speculation

Oil prices tumbled more than 6 per cent on Monday, raising hopes of a diplomatic solution to de-escalate the conflict surrounding the Strait of Hormuz

The precious metal recorded more than 12 all-time highs during the first half of the year, peaking at a record $5,405/oz in late January before retreating sharply to a low

Even as gold serves as a hedge against inflation and geopolitical uncertainty, the metal loses appeal in a high-rate environment as it offers no yield

Efforts to end the Iran conflict were at an impasse, with US President Donald Trump unhappy with the latest proposal from Tehran, and urging Iran to ‘get smart soon’ and sign a deal

The dollar gained, and oil prices rose above $111 a barrel, as the crucial Strait of Hormuz waterway remained largely shut

Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchasing precious metals is considered auspicious

Dealers quoted discounts of up to $8 an ounce and premiums of $2 an ounce over official domestic prices this week, inclusive of 6 per cent import and 3 per cent sales levies

Oil prices fell below $100 a barrel, easing inflation concerns, on the prospect of a possible ceasefire easing supply disruptions from the key Middle East producing region