Overview
- Spot gold slipped to roughly $3,326–$3,335 per ounce on Aug 22 as the dollar rose to a near two‑week high.
- CME FedWatch put the chance of a September quarter‑point cut near 71%, down from above 90% a week earlier.
- In Delhi, the All India Sarafa Association reported gold at Rs 1,00,370 per 10 grams, while silver jumped to Rs 1,15,000 per kg.
- On MCX, front‑month gold traded around Rs 99,285 per 10 grams in morning trade, with silver futures near Rs 1,13,580 per kg.
- Analysts pointed to ongoing support from ETF inflows and central‑bank buying, and Ventura projected Comex gold could test $3,600 by year‑end.