New Delhi: Days after receiving in-principle approval from Sebi to launch Electronic Gold Receipts (EGR) segment, BSE on Wednesday said it has collaborated with four regional associations from Maharashtra and Tamil Nadu to promote such products. These pacts are aimed at providing impetus for the growth and development of commodities segment in general with an
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Overall market sentiment is slightly weaker entering into US session. While Russia showed videos of tanks leaving Crimea, NATO questioned de-escalation and said troop buildup was still going on. There is little reaction to much stronger than expected US retail sales. Nevertheless, Canadian Dollar is popped up by higher than expected, surging consumer inflation data.
Phase One deal did not meaningfully address concerns on China’s state-led, non-market policies and practices China has not yet implemented significant commitments in the agreement In particular, ones on agricultural biotechnology, ractopamine use in pork and beef China fully implementing agreement would help establish more solid bilateral foundation Is anyone really surprised? The whole deal
NEW DELHI: Gold prices slipped on Wednesday, pulling back from nearly eight-month highs, as signs of ease in tensions between Russia and Ukraine diminished the bullion’s appeal. Gold prices had rallied to their highest since June last year on Tuesday, buoyed by safe-haven demand, before giving up all gains on news indicating some easing in
The forex markets are pretty steady in Asia session today, with major pairs and crosses bounded inside yesterday’s range. Sentiment is mixed as investors are awaiting to see Russia would invade Ukraine on February 16, as media reported. But the rally in Gold suggests that investors are getting nervous on the risks. For now, Swiss
Reports are that there has been a retreat of some 10K of troops from the Russia/Ukraine border. That is some of what Pres. Biden said was 150K along the border. Whether the numbers are accurate or not, there appeared to be some sort of retreat. Moreover, there was a meeting between German Chancellor Scholz and
Gold in the national capital on Tuesday gained marginally by Rs 32 to Rs 49,619 per 10 grams, capping gains with correction in global gold prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 49,587 per 10 grams. Silver, in contrast, declined Rs 440 to Rs
Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro is staging a recovery, together with Aussie and Kiwi. On the other hand, Yen and Dollar are turning softer, together
I posted earlier in the day how gold was trading to fresh eight-month highs on Russia-Ukraine tensions but amid the latest headlines, gold has sunk from a high of $1,879 today to $1,855 currently. As noted earlier, what comes next for gold is dependent on the headlines and here we are now. As mentioned: “But
NEW DELHI: Gold prices continued to move higher on Tuesday as geopolitical concerns intensified. Heightened tensions between Russia and the West over Ukraine prompted investors to pull back from riskier assets and opt for safe-haven bullion. Gold futures on MCX were trading up by 0.57 per cent or Rs 286 at Rs 50,202 per 10
Asian markets open with heavy selling today as worries remain that Russia could invade Ukraine “any day now”. New Zealand Dollar is leading Aussie lower on risk aversion. But Canadian Dollar is the stronger one with WTI crude oil staying comfortably at around 94.5. Dollar, and Euro are also slightly stronger. FOMC minutes and comments
Markets: Gold up $13 to $1873 US 10-year yields up 4 bps to 1.98% WTI crude up $1.87 to $94.98 S&P 500 down 15 points to 4403 CAD leads, NZD lags The name of the game this week is trading headlines around Ukraine. If that isn’t your cup of tea then you’re going to have
Gold prices in the national capital on Monday rallied Rs 478 to Rs 49,519 per 10 grams, reflecting overnight gains in international precious metal prices and sharp rupee depreciation, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,041 per 10 grams. The Indian rupee declined 23 paise to settle
While risk aversion still dominates, sentiments appeared to be lifted by comments from Russian Foreign Minister Sergei Lavrov. In a televised exchanged, Lavrov told President Vladimir Putin, “I must say there are always chances… It seems to me that our possibilities are far from exhausted… At this stage, I would suggest continuing and building them
European indices are mostly down by over 3% on the day now and we are seeing further bids in bonds – leading to a strengthening in the yen and dollar as well on the session. US futures are also tumbling with S&P 500 futures down 0.8%, Nasdaq futures down 0.9%, and Dow futures down 0.8%
NEW DELHI: Gold prices moved higher briskly on Monday, trading near a three-month high, as lingering concerns surrounding Ukraine kept the yellow metal’s safe-haven appeal intact. Russia could create a surprise pretext for an attack, the United States said on Sunday, which increases the appeal of save haven gold. Though, the dollar and safe-haven currencies
BEIJING: Oil prices eased early on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and as investors await the outcome of U.S.-Iran talks that could lead to increased global crude supply. Brent crude futures fell 40 cents, or 0.4%, to $91.01 a barrel at 0140 GMT, while U.S. West Texas Intermediate
Axios with the report of the latest (confirmed) developments (there are plenty of unconfirmed rumours doing the round this weekend). Presidents Biden and Putin spoke for just over an hour Via a senior administration official: Biden said U.S. and allies will “respond decisively and impose swift and severe costs” if Russia invades Ukraine Russia would