📰 ET Markets 🔴 BEARISH 🕒 29 Oct 2026, 07:35 AM IST

Gold dips on firmer dollar; US inflation data in focus

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Core Development: Gold dips on firmer dollar; US inflation data in focus

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Market & Financial Impact: Gold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market participants are now paying close attention to forthcoming inflation statistics, which could sway the Fed's future decisions. Spot gold dropped by 0.7%, while both silver and platinum recorded slight downturns. However, palladium saw a modest uptick due to ongoing market volatility.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Gold dips on firmer dollar; US inflation data in focus

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