05 Mar Tuesday Intra-Day Update

Gold price is in rebound today after four consecutive days decline ahead of the anticipated monetary decisions from major central banks, with expectations to stick to their loose monetary policies at their meetings on 07 Mar Thursday.

Loose monetary policies adopted by Central Banks have supported Gold's rally, as investors fearing higher inflation as a result of such policies resort to bullion as a hedge against inflation.

We will discuss about major Economic Releases tomorrow and importantly on Thursday. Meanwhile watching the market closely on how will these sentiments be reflected.