The Economic Times

Gold rebounds above Rs 1.58 lakh/10 grams as US bond yields decline. What lies ahead?

Gold prices rose above Rs 1.58 lakh per 10 grams on the MCX as US Treasury yields fell and the dollar remained subdued following increased liquidity support. With geopolitical uncertainty, crude prices and upcoming US economic data in focus, analysts expect gold to remain volatile while long-term demand stays supportive.