News

Gold (XAU/USD) hourly chart The drop this week sees price take a tumble from $2,700 with the low earlier touching $2,605. That was held by the 38.2 Fib retracement level of the swing higher since the middle of November, seen at around $2,607 currently. That led to a slight bounce with price action then weaving

Gold December futures contracts at MCX opened flat today at Rs 75,402 per 10 gram, which is up by 0.12% or Rs 91 while silver December futures contracts were trading at Rs 88,074/kg, up by 0.43% or Rs 375. Gold prices fell sharply, tumbling by Rs 2,200/ 10 grams in the last 2 days while

Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his pragmatic approach has been perceived as a stabilizing factor. He advocates for tariffs to be introduced “gradually” and supports tax

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

Written by , ETMarkets.com| Nov 25, 2024, 08:11:40 PM IST 1/6 On A Roll! On Monday, equity benchmark index Sensex rose by 993 points, closing at 80,109. During this rally, five stocks from the BSE Financial Services index hit their 52-week highs. A 52-week high represents the highest price a stock has reached in the past

Dollar remains under pressure as the market heads into the US session, with selling momentum picks up slightly alongside a continued decline in Treasury yields. US stock futures are staging a robust rally, reflecting optimism over President-elect Donald Trump’s selection of Scott Bessent as Treasury Secretary. Bessent is viewed as a safe choice for implementing

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

Gold prices ticked higher on Monday, nearing a three-week high, supported by a weaker U.S. dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more data to gauge the U.S. Federal Reserve‘s policy outlook. FUNDAMENTALS * Spot gold rose 0.2% to $2,719.19 per ounce as of 0014 GMT and was set for its

UPCOMING EVENTS: Monday: PBoC MLF, German IFO. Tuesday: US Consumer Confidence, FOMC Minutes. Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q3 GDP 2nd Estimate, US PCE, US Durable Goods, US Jobless Claims. Thursday: German CPI. (US Holiday) Friday: Tokyo CPI, Japan Unemployment Rate, France CPI, Switzerland Q3 GDP, Eurozone CPI, Canada GDP. Tuesday The

Written by , ETMarkets.com| Nov 24, 2024, 03:45:45 PM IST 1/6 Stock Ideas Indian markets rebounded with a gusto on Friday helped by buying trends across sectors with IT and bank heavyweights along with Reliance Industries (RIL) simultaneously throwing their weights around. While the S&P BSE Sensex settled at 79,117.11, up by 1961.32 points or 2.54%,

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

ETMarkets.com| Nov 21, 2024, 01:46:52 PM IST 1/6 Long Buildup Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday’s trading session, five stocks witnessed a long unwinding. Here’s the list: ETMarkets.com 2/6 Indraprastha Gas

Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly back to neutral levels. While Euro’s decline was pronounced, Sterling and the Swiss Franc are not far behind, each facing their own set of challenges.

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

Spot gold traded between $2564 (18/11/2024) and $2716 (22/11/24) in the week ended November 22 as it staged an impressive recovery after a decline of nearly 5% in the week ended November 15. The metal surged on safe haven demand fuelled by concerns over Russia-Ukraine war that intensified following Ukraine firing American ATACMS and the

Markets: Gold up $37.21 or 1.4% $2706.61 US 10-year yield 4.414%, -1 point basis points US 2-year yield 4.377%, +220 basis points WTI crude oil up $1.08 or 1.53% $71.19 S&P 500 rose . For the week the index rose 1.52% NASDAQ rose . For the week the index rose 1.62% Russell 2000 rose .

Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies. Brent crude futures gained 14 cents, or 0.2%, to $74.37 a barrel by 0007 GMT. U.S. West Texas Intermediate crude futures rose 17 cents, or 0.2%,

Swiss Franc and US Dollar appreciated broadly today as investors sought safe-haven assets in response to escalating geopolitical risks. Gold extended its near-term rebound, while Bitcoin surged to a new record high, reflecting heightened demand for alternative stores of value. The catalyst for this shift was a warning from Russian President Vladimir Putin that the