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Gold bulls unleashed on Wednesday, hitting yet another lifetime high of Rs 71,505 per 10 gram in the opening trade. Silver too joined the party with strong gains after ending the previous session with a fresh all-time high of Rs 83,038. Around 9:20 am today, the MCX June gold futures were trading at Rs 71,474,

Below is a list of the implied volatility daily ranges for various assets. These levels are based on 1-month implied volatility and can be used as dynamic and market-based levels of support and resistance. Implied volatility suggests that if prices were normally distributed, there’s approximately: A 68.2% chance that future price movements will stay within

New Zealand Dollar rises broadly in Asian session following RBNZ’s decision to keep interest rates steady. The central bank’s “limited tolerance” for delaying the achievement of its inflation target conveyed a hawkish tone. Rate cuts are off the table until the central bank is confidence that inflation would sustainably return to the target band. This

Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this year by $4 per barrel to $94, citing geopolitical risks. “That the degree of geopolitical risk in key oil producing regions has increased recently seems clear and uncontroversial,” the bank said in a note dated Monday. Brent futures rose

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

Dollar falls broadly today and stays weak as markets enter into US session. The underlying cause of this sell-off remains somewhat ambiguous, as there were no significant economic data releases to directly attribute the currency’s selloff. The slight retreat in treasury yields, specifically the 10-year yield just gyrating between 4.35-4.40, appears insufficient to solely account

Gold hit a new lifetime high of Rs 71,150 per 10 gram on the MCX on Tuesday in the early trade taking cues from the international prices. At 10 am, the June gold futures were trading at Rs 71,130 and were up by Rs 218 or 0.31% over the Monday closing price. Meanwhile, May silver

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

New Zealand Dollar traded broadly higher in Asian session, despite revelation of significant downturn in business confidence for Q1. Kiwi bears seemed to be lightening up their short positions in anticipation of RBNZ rate decision tomorrow, which is broadly expected to maintain interest rate at 5.50%. The market’s recent aggressive speculation on an early rate

Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel withdrawing more soldiers from Gaza and committing to fresh talks on a potential ceasefire in the Middle East conflict. Brent crude futures were down 16 cents, or 0.2%, at $91.01 a barrel by 1335 GMT. U.S. West Texas

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

Benchmark treasury yields in US and Europe rise notably in a day of relatively slow news flow.  At the same time, Copper is extending recent up trend while Gold edged higher to new record. European stock indexes are seeing appreciable gains, and US futures indicate a positive start. These development keeps Swiss Franc and Yen

Gold and silver prices hit new lifetime highs in the opening trade on Monday continuing their dream run on the Street. Gold contracts on MCX hit a life high of Rs 71,080 per 10 grams jumping Rs 440 or 0.62%. Meanwhile, silver futures scaled a new peak of Rs 82,064. It was trading at 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

As Asian session unfolded, the forex markets have been relatively quiet. Precious metals, on the other hand, are making headlines with Gold soaring above new record high above 2350 mark and Silver also rallies significantly. Nikkei is having a notable rebound even though 40k psychological level could remain a strong resistance to cap upside. Oil

Mon: Bank of Israel Announcement, Japanese Earnings (Feb), Swiss Unemployment Rate (Mar), German Trade Balance (Feb)/Industrial Output (Feb), EZ Sentix Index (Apr) Tue: EIA STEO Wed: FOMC Minutes (Mar), BoC Announcement, RBNZ Announcement, US CPI (Mar) Thu: ECB Announcement, OPEC MOMR, Eurogroup Meeting, Chinese Inflation (Mar), US PPI (Mar) Fri: IEA OMR, Chinese Trade Balance

Why can’t we think of benefiting from rising prices by participating in that trend as investors? Let me explain. I wrote to you about the rally in Gold prices more than a month ago. Now gold has rallied to all-time highs recently. Consumers who were planning to buy gold are worried as they will have

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