Gold prices on Friday braced for their biggest monthly fall since February, hovering around levels at over six-month lows on the prospects of higher-for-longer U.S. interest rates ahead of a widely watched U.S. inflation print due later in the day. FUNDAMENTALS * Spot gold was up 0.1% at $1,866.41 per ounce by 0020 GMT, set

Dollar is experiencing a broad rise today, buoyed by an uptick in treasury yields and risk aversion sentiments. The US Congress averted potential economic turbulence by passing a stopgap funding bill over the weekend, ensuring the federal government doesn’t enter its fourth partial shutdown within a decade. However, this positive momentum in US futures was

S&P 500 futures It’s not a good look for equities now as US futures pare almost all of its earlier gains, despite even getting help from a gap higher at the open. European indices are also now all in the red, with the Eurostoxx down roughly 0.3% currently. It once again highlights the fact that

Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday. But this year, climate is looming large over the

USD/JPY is making notable advances today, resuming recent up trend, and edging closer to 150 psychological handle. AT the same time, Nikkei rebounds, reclaiming 32000 mark. The combined risk-on sentiment could be attributed to investors’ positive response to the optimistic quarterly Tankan survey results, overshadowing the less favorable PMI Manufacturing data. Despite Japan’s repeated attempts

Via Reuters comes the info that Japan has banned most used-car sales to Russia. the export trade in used cars from Japan to Russia was worth about USD $2 billion annually The move from Japan to cut off the trade came only in August, much later than other sanctions had limited trade. Japan’s government banned

Gold prices declined Rs 250 to Rs 58,700 per 10 grams in the national capital on Friday amid a fall in precious metal prices overseas, according to HDFC Securities. The yellow metal had closed at Rs 58,950 per 10 grams in the previous trade. However, silver surged Rs 1,200 to Rs 74,300 per kilogram. Delhi

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COMEX Gold prices experienced a significant downturn, marking their most substantial weekly loss in months. The yellow metal slid below the critical $1,900 per troy ounce threshold, primarily in response to a sharp surge in US treasury yields. This surge in yields elevated the opportunity cost of holding gold. At its September policy meeting, the