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Live: Strong dollar & CPI data has put pressure on metal prices | Gold trades below $2,000/oz

Concerns that rate cuts could be delayed has come to haunt metal traders, as most base and precious metals trade at the lower range. Funds show that there is only a 40% probability that fed will cut rates in May.- Metals have got hammered since, Copper prices down 5.5% vs Jan 31 highs. Aluminium prices down 4.8% in 2024 till date. While Gold trades at 2 month lows & silve is down 5% in 2024. Watch Manisha Gupta discuss whats concerning metal prices with Kunal Shah, Head of Research Commodities, Nirmal Bang on Commodities Corner

February 15, 2024 / 13:10 IST
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first published: Feb 15, 2024 01:10 pm

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