Gold futures traded flat on Wednesday amid weakness in the US dollar and lower Treasury yields on expectations that the Federal Reserve will lower interest rates next year. The February gold futures were trading at Rs 63,042 per 10 grams on the MCX at 10.11 am and were up by Rs 17 or 0.03% from

Yen falls broadly in Asian session today, influenced by the dovish sentiments expressed BoJ’s Summary of Opinions of December meeting. The document indicated a lack of urgency among board members to tighten monetary policy, with a particular emphasis on the minimal risk associated with delaying the exit from negative interest rates. Conversely, the board expressed

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 consolidated gains on Tuesday, extending its climb for a third session on a weaker dollar and Treasury yields, in holiday-thinned trading in the last week of the year with traders eyeing an early 2024 start to U.S. rate cuts. Spot gold rose 0.3% to $2,058.85 per ounce by 10:10 a.m. ET (1510 GMT), near

The long-awaited pivot by the Fed finally came in the final FOMC meeting for the year. And that sets up the stage for other major central banks to also follow suit starting next year, unless you’re the Bank of Japan of course. 2023 has been a year dominated by the outlook for major central banks

Gold prices gained on Tuesday as the US dollar and bond yields weakened on growing prospects for interest rate cuts by the Federal Reserve as early as March next year. The February gold futures were trading at Rs 63,164 per 10 grams on the MCX at 10.15 am and were up by Rs 210 or

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 climbed on Friday to their highest level in nearly three weeks, as rising bets of Federal Reserve interest rate cuts early next year pushed the dollar and bond yields lower ahead of much awaited U.S. inflation data later in the day. FUNDAMENTALS * Spot gold was up 0.1% at $2,047.42 per ounce, as

AI image In a recent push of back-channel diplomacy, Russian President Vlad Putin has been sending a message: He is ready to make a deal for a Ukraine ceasefire. The New York Times made the report yesterday, saying that he’s been signaling through intermediaries since at least Sept that he is open to a cease-fire

Oil prices rose in early trade on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices. Brent crude futures were up 23 cents, or 0.3%, to $79.62 a barrel by 0121 GMT,

The CHEM PLUTO The global shipping market is certainly top of mind as we celebrate a holiday weekend. Yemen continues to threaten the Red Sea but now there are worries about a wider threat to shipping. Iran said it could shut down the Gibraltar Strait, which is something that most people doubt. At the same

Gold price climbed Rs 300 to Rs 63,350 per 10 grams in the national capital on Friday amid a bullish trade in the overseas markets, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 63,050 per 10 grams. Silver also jumped Rs 400 to Rs 79,500 per kilogram, while