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Commodity Mid Session News

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(10 Jun 2025, 14:38)

Bullion slips as dollar gains, inflation reports in spotlight

Gold trimmed earlier losses to trade near $3350 per ounce in Asia on Tuesday, as a stronger US dollar weighed on the metal. The dollar index climbed above 99.3, reversing prior session losses amid focus on US-China trade talks in London. Treasury Secretary Scott Bessent and top officials met Chinese counterparts on Monday to discuss rare earth shipments and potential easing of export curbs, with more talks today. On MCX, bullion futures slipped ₹164 to trade below ₹97000 per 10 grams. Investors now await key US inflation data later this week, with CPI and PPI reports set to offer fresh cues on the Federal Reserve’s policy outlook.
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