The weakness has extended into the new quarter, with gold falling for a fifth consecutive week and slipping below $3,980/oz, its lowest level since November. (AI image) Gold price prediction today: Gold prices will continue to be under pressure with rate hike expectations in place, with near-term outlook negative, says Vedika Narvekar, Research Analyst –…

Gold of 99.9% purity moved lower, declining by Rs 2,000, or 1.3%, to Rs 1,52,800 per 10 grams (inclusive of all taxes), compared to its previous close of Rs 1,54,800 per 10 grams, according to the All India Sarafa Association. Market participants noted that gold came under pressure in a relatively thin trading environment, as…

Inflation data, the US Federal Reserve’s interest rate decision and movements in crude oil prices will be the key triggers for Indian equity markets in the coming week, analysts said.Investors will also closely watch developments surrounding the proposed US-Iran agreement, foreign investor activity and trends in global markets for further direction.“On the domestic front, investors…