BULLION:- Gold prices were steady on Wednesday, after moving in a tight range in holiday-thinned trading, holding above the 1,220 level as the dollar was pressured by weak U.S. economic data and a clouded interest rate outlook. Spot gold was little changed at $1220.20 per ounce at the time of writing. The dollar index, […]
BULLION:- Gold prices inched higher in early Asian trade on Thursday, recovering from a three-week low hit in the previous session as the US dollar eased. Spot gold was up 0.2 per cent at $1,216.23 an ounce, as of 0123 GMT, after three sessions of falls in a row. Prices fell to their lowest since Oct. […]
BULLION :- Gold prices fell on Wednesday while extending yesterday’s drop as the U.S. dollar firmed on renewed fears of intensification in the Sino-U.S.trade war and worries over slowing global economic growth. Investors took cover in the greenback after Bloomberg reported that Washington is preparing to announce tariffs on all remaining Chinese imports by early […]
BULLION:- Gold prices inched up early Tuesday as Asian stocks faltered, weighed down by political tensions between Saudi Arabia and Western powers, uncertainties around Brexit and Italy’s budgetary woes. U.S. President Donald Trump said he was still not satisfied with what he has heard from Saudi Arabia about the killing of journalist Jamal Khashoggi in […]
BULLION:- There Gold prices held steady on Wednesday despite a rise in equities, with investors waiting for minutes from the US Federal Reserve’s latest policy meeting for any fresh clues on the pace of interest rate hikes. Spot gold was up 0.1 per cent at $1,224.70 an ounce at 0100 GMT. On Monday, it touched […]
BULLION:- Gold prices edged higher in the morning session as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S. dollar weakened. Spot gold rose 0.4 percent to $1,194.12 per ounce at the time of writing. U.S. gold futures settled up $1.9, or 0.16 percent, at $1,193.4. Stocks on […]
The Indian benchmark indices have managed to bounce back and is trading on a positive note with the Sensex up 45 points at 37,737 while the Nifty is up 16 points at 11, 403 in the afternoon trade. Nifty media is up 1 percent led by EROS International Media which jumped 7 percent while INOX Leisure zoomed 6 percent. TV Today, Network18, PVR, TV18 Broadcast and Zee Entertainment are […]
The benchmark indices are trading lower on Thursday after the 25 bps hike in repo and reverse repo rates by the Reserve Bank of India (RBI) on Wednesday. Among individual stocks, Bharti Airtel has slipped over 3% at Rs 371 levels, while Maruti Suzuki is trading over 1.5% down at Rs9,195 levels. Among sectoral indices, […]
The Reserve Bank of India (RBI) on Wednesday raised its key lending rate — the repo rate — by 25 basis points to 6.5 percent, keeping its focus firmly on taming inflation, but sounded bullish about the broader economy’s prospects that was readying to move into faster lane. The six-member monetary policy committee (MPC), headed […]
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