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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
New Delhi: Gold in the national capital on Thursday rose by Rs 112 to Rs 47,050 per 10 gram in-line with a recovery in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,938 per 10 gram. In contrast, silver slipped Rs 203 to Rs
New Delhi: Gold in the national capital on Wednesday tumbled Rs 302 to Rs 46,848 per 10 gram reflecting an overnight decline in international precious metal prices along with rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,150 per 10 gram. Silver also dipped Rs 81
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Despite concerns over the new coronavirus variant Omicron, Fed Chair Jay Powell’s testimony before the Senate was hawkish. He suggested that the Fed could accelerate the tapering of asset purchases in order to curb strong inflation. US dollar extended rally against major currencies, with the exception of Japanese yen and Swiss franc. The testimony is
CAD/JPY a good proxy? There are plenty of moving parts in the omicron trade that make it a challenging one. The Fed showed that today as Powell’s hawkish comments added to a risk-off mood that spilled over into everything. I don’t think there’s a true way to isolate omicron in a major market. Perhaps there
New Delhi: Gold in the national capital on Tuesday jumped Rs 41 to Rs 47,217 per 10 gram in line with rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,176 per 10 gram. Silver in contrast dipped Rs 667 to Rs 61,337
Overall market sentiment is stable, with major Asian indexes mixed, following the recovery in US stocks overnight. Yen and Dollar soften slightly after turning into consolidations, but Swiss Franc is still strong. Commodity currencies are mixed with no follow through buying with the current rebound attempt. In other markets, Gold is struggling in tight range
MELBOURNE: Oil prices climbed on Tuesday, extending a rebound from last week’s plunge on growing expectations major producers would pause plans to add crude supply in January amid uncertainty over the severity of the Omicron coronavirus variant. U.S. West Texas Intermediate (WTI) crude futures jumped 99 cents, or 1.4 per cent, to $70.94 a barrel