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Gold price in the national capital on Wednesday fell by Rs 205 to Rs 50,487 per 10 gram in line with a decline in international rates of the precious metal, according to Securities. In the previous trade, the yellow metal settled at Rs 50,692 per 10 gram. Silver also tumbled by Rs 926 to Rs

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 your initial investment; do not

Risk aversion seems to back in indecisive markets today, with major European indexes and US futures trading down. Yen and Swiss Franc are trading mildly higher, followed by Dollar. Sterling and Canadian receive little support from strong consumer inflation reading. But Aussie and Kiwi are the worse performers while Euro is mixed. Focus will turn

Gold eased on Wednesday, as the dollar and Treasury yields firmed, but prices were range-bound as investors awaited fresh cues on top central banks’ monetary policy plans, especially from the U.S. Federal Reserve. FUNDAMENTALS * Spot gold fell 0.3% to $1,827.69 per ounce by 0101 GMT, extending losses to a fourth straight session. U.S. gold

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 your initial investment; do not

The markets are rather mixed in Asian session today, engaging in mostly consolidative moves. New Zealand Dollar trades broadly lower following record low consumer confidence data. But Canadian and Australian Dollars are firmer on steady risk sentiment. Dollar is also weak together with Yen while European majors are mixed. Technically, NZD/USD dips slightly after failing

Oil prices rose almost $2 on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine. Brent crude rose $1.80, or 1.6%, to $115.93 a barrel by 1209 GMT. The U.S. West Texas Intermediate (WTI) crude contract for July, which expires later on Tuesday,

Democrats increasingly look at this chart as a second-derivative on US inflation. It’s Biden’s approval rating: The trend is not his friend and various strategies including messaging like ‘Putin’s price hike’ or blaming the Fed aren’t having the desired effect. Janet Yellen is likely going to be sacrificed to the inflation gods after the global

Yen’s selloff accelerates today as US stocks are set to stage a rebound after the long weekend. For now, Euro is the strongest one with help from rebound against Sterling and Swiss Franc. It’s followed by Canadian Dollar, which is supported by slightly better than expected retail sales data. On the other hand, Kiwi and

RBA (read from the bottom up for the chronology): Other: The focus of the early part of the session was on the Australian dollar, Reserve Bank of Australia Governor Lowe speaking, and then the minutes of the RBA June meeting. This is how it played out (there’s a “but” at the end): AUD/USD inched a

Gold prices edged up on Tuesday as the dollar eased, even as investors kept a keen eye on posturing from major central banks on interest rate hikes for a clearer outlook for bullion. FUNDAMENTALS * Spot gold was up 0.2% at $1,841.01 per ounce as of 0047 GMT. U.S. gold futures firmed 0.1% to $1,843.10.

Overall markets are rather steady in Asian session today. Even the free falling crytocurrencies are stabilizing slightly. Major Asian indexes, except Nikkei, are treading water. Dollar and Yen are softening slightly with Sterling. Aussie and Euro and mildly higher. But most major pairs and crosses are just stuck inside Friday’s range. Sterling would be a

Gold prices slumped to a 4-week low ahead of the Fed’s decision but managed to hold above the $1800/oz level as the central bank didn’t spring any surprises. Despite the recovery, gold ended the week lower with a decline of nearly 2 per cent. US inflation data released earlier this month showed that consumer prices

Headlines: Markets: AUD and NZD lead, USD lags on the day European equities higher; S&P 500 futures up 0.8% Gold down 0.1% to $1,837.62 WTI crude up 0.7% to $110.30 Bitcoin up 1.6% to $20,875 With it being a long weekend in the US, markets are seeing less appetite to stray away from Friday’s bit-part

Markets are generally quiet today, with a near empty European calendar and US holiday. Major European indexes are recovering slightly but lack follow through buying. Gold and oil are staying in tight range. In the currency markets, Aussie and Kiwi recover mildly while Dollar, Yen and Euro are the softer ones. But with the exception

SINGAPORE: Oil prices wobbled early on Monday as investors refocused on tight supplies, though sentiment was still fragile after 6% slump in the previous session amid concerns about slowing global economic growth and fuel demand. Brent crude futures gained 20 cents, or 0.2%, to $113.32 a barrel by 0105 GMT, after rising as much as

The emerging negativity in global markets today is likely stemming from China. Iron ore prices are down 9% on fears of a demand slowdown. China’s CSI energy index is down more than 5%, rebar is down 6% and the coal index is down 4.5%. The PBOC met today but offered nothing new on policy, leaving

Investment in Sovereign Gold Bonds (SGBs) went up sharply during COVID-impacted years as investors looked for safer options amid volatility in equity markets with 2020-21 and 2021-22 accounting for nearly 75 per cent of total sales of the bonds since the inception of the scheme in November 2015. The next tranche of SGBs is scheduled