New Delhi: Gold price in the national capital on Monday declined by Rs 8 to Rs 47,004 per 10 grams in-line with muted global trends as well as rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,012 per 10 grams. Silver gained Rs 216 to Rs
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Dollar, Yen and Swiss Franc turned slightly weaker in quiet markets today. Euro is supported by better than expected investor sentiment data, while Sterling also recovers. New Zealand Dollar is also trading higher but Australian and Canadian Dollar are lagging behind. Gold is back above 1800 handle but has yet to break through 1833 key
Note the insane flows into big tech US equities are set for another record at the open as earlier concerns have been wiped away. S&P 500 future are 10 points higher, which would be the 8th record close in a row. Nasdaq futures are flat and all eyes are on TSLA, which is down 5.1%
New Delhi: Leading stock exchange NSE on Monday said it has completed the delivery of 24.5 kg gold (100 gram) bars in its gold mini options contract. The delivery was executed between East India Securities Ltd and Senco Gold Ltd, the exchange said in a statement. As another step towards market development, NSE also aligned
The financial markets are rather quiet today. Commodity currencies are paring back some of last week’s losses while Yen is retreating. But there is no change in the overall outlook, with the decline in Yen crosses more likely to continue than not. Trading could remain subdued first in European session with a light economic calendar.
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
Nov 8: Gold prices extended a rally to hit a two-month high on Monday as a retreating bolstered the precious metal’s appeal. FUNDAMENTALS * Spot gold rose 0.1% to $1,817.65 per ounce by 0127 GMT, having hit its highest since Sept. 7 earlier in the session. * U.S. gold futures rose 0.3% to $1,822.30. *
The developments last week were a bit confounding, as both stocks and bonds rallied notably. Yen and Swiss Franc followed the path of falling yields and rose as the biggest winner of the week. Dollar was not much helped by Fed’s tapering and solid job data. Australia Dollar ignored broad risk-on sentiment, and ended as
The ‘yes’ side appears to be on the way to a win Elon Musk is playing games on Twitter, saying he will sell 10% of his Tesla stock — worth roughly $30 billion — if the results say so. Time is ticking down on the poll and you can see which way it’s going. Obviously,
Edible Oil prices show a declining trend across the country after the government cuts basic duty on crude palm oil, crude soyabean oil and crude sunflower oil from 2.5% to nil, said the ministry of consumer affairs, food & public distribution. Most edible oil companies like Adani Willmar and Ruchi industries have cut wholesale prices
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
Opec+ stuck to its guns and maintained its modest output boost for December as the alliance shunned calls from key consumers to pump more. President Joe Biden has been a vocal advocate of a larger supply increase and the decision from the group prompted the US to say it would consider a wide range of
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
Petrol and diesel rates remained unchanged on Saturday for the second day after the central excise duty cut in many cities, including the national capital Delhi, Mumbai, and Kolkata. In Delhi, a litre of petrol costs Rs 103.97, and a litre of diesel costs Rs 86.67. Petrol and diesel prices in financial capital Mumbai are
Sterling drops sharply after BoE stands pat, disappointing those who expected a hike. Euro is currently following as the second weakest for the day. On the other hand, Yen and Swiss Franc rise broadly, supported by falling benchmark yields in Germany and UK. Dollar is also firm as general investor sentiment is cautious, awaiting tomorrow’s
Forex news for New York trade on November 5, 2021: Markets: Gold up $24 to $1816 US 10-year yields down 7.8 bps to 1.446% WTI crude oil up $2.72 to $81.53 S&P 500 up 17 points to 4698 — 7th consecutive closing record high JPY leads, GBP lags The non-farm payrolls report was solid across