Gold falls on Fed rate fears; India-US trade deal nears final stage

Gold falls on Fed rate fears; India-US trade deal nears final stage — Gold prices slumped over 2% in Indian markets due to stronger dollar and rising US bond yields amid Fed rate hike concerns. Meanwhile, talks for an India-US trade deal are in advanced stages, boosting sentiment on export sectors. The fall in gold may trigger import demand and impact jewellery and ETF holdings.

📊 STOCKS: | 🏢 SECTOR: Commodities | #MEDIUMIMPACT #Gold