Tag: Gold

CPI runs steamed, Markets turns off

CPI runs steamed, Markets turns off

SUMMERY S&P 500 soars 2 points to 3340, US 10-year yields down 1 bps to 0.67%, Gold down $4 to $1941, WTI crude oil up 2 cents to $37.35 The early tone was positive but it only lasted 30 minutes before sentiment began to deteriorate. It was stock markets that were in charge o [...]
Commodity market: Gold and silver dominate weakness today after yesterday’s spurt, in base metals

Commodity market: Gold and silver dominate weakness today after yesterday’s spurt, in base metals

After yesterday's spurt in gold and silver, weakness is looking to dominate today. While gold on MCX has slipped closer to 52500, silver is trading at a level of 70 thousand. Light recovery in dollars and good manufacturing data from China are under pressure on prices. However, the trend is still [...]
Gold Futures:Commodity market continuous surge

Gold Futures:Commodity market continuous surge

Commodities Market live Gold made high in the zone 2100-2075$ /Ounce and since we are witnessing the little pullback during the weekend around 2030.as per the CME records Precious metal gold seen spike in the open interest around 65K contracts and pushing the price upwards.with surge in contracts. [...]
Take loan against gold Jewelry up to 90% of its value

Take loan against gold Jewelry up to 90% of its value

The Reserve Bank of India (RBI) has given a big deal to the people taking gold loan by pledging gold with the bank. Now you can take 90 percent of the total value of gold jewelry as gold loan. So far, only 75 percent of the total value of gold is loaned. Gold loan has become even more attractive wit [...]

Gold Hits 1945 during early asian session

Gold hitting highs in Asisan session amid US recession fears.The rally on monday in asian session opening near 1900 and High made 1945+ Per Ounce.since the corona virus still worsening the economies and corprate enviroment the sales data auto companies showing huge spike in decline. [...]
Gold Kept Correcting since last friday move

Gold Kept Correcting since last friday move

Gold is trading at $1542 this week it made low at 1535 vs last week high 1611.27,however its in fading demand from the investors.Gold reacted to bond market and further it may follow the same by looking at bonds reaction. Gold lowered on the second day of the trading week and currently placed nea [...]
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