Gold fell on Friday morning in Asia, with investors digesting economic data as of the end of April. U.S. GDP rose 6.4% in the first quarter of 2021 and 553,000 initial unemployment claims were filed last week, with government support such as money for low-income families driving positive data on Thursday. Earlier in the week…
The BSE Sensex is currently trading at 49,687.54, up 743.4 points, or 1.52%. The Nifty 50 is currently trading at 196.70 points, or 1.34%, at 14,849.75. The Nifty Bank was up 2.32% at 33,493.95 and the Mid Cap Index was trading at 1.53%. Bajaj Finance, Bajaj Finserv, Eicher Motors, IndusInd Bank, and Kotak Bank were…
Oil prices fell on Wednesday, turning a profit overnight, with COVID-19 cases on the rise in India and U.S. The larger-than-expected structure in crude stocks also offset the optimism shown by OPEC and its allies in a solid recovery in global fuel demand. Brent crude futures fell 26 cents, or 0.4%, to $ 66.16 a…
Rising U.S. Gold fell on Wednesday morning in Asia against the Treasury yield. For more information on the direction of the central bank’s monetary policy, see the U.S. Investors are waiting for the latest policy decision of the Federal Reserve. Gold futures were down 0.44% at $ 7,770.95. The dollar, which normally moves against gold,…
Gold high in Asia on Thursday morning, thanks to an eight-week high against the weak dollar and the US. Treasury yields fell. 11:54 PM ET Gold futures rose 0.04% to $1793.80. The U.S. The 10-year Treasury yield was down 1.6% and the dollar was down on Thursday. The U.S. The Senate committee on Wednesday backed…
The continuous futures contract of aluminumExchange of multiple products (MCX) turned positive in MayLast year. The development continued unabatedFixes and latest. The quarter of the rally was established in early February. The nearest expiration date is Maythe future deal started Rally with price groupBase ₹ 161 and ₹ 163 as its base. Is upwards So…
Gold fell in Asia on Monday morning but was nearing a seven-week high during the previous session as the U.S. closed lower. The decline in treasury yields increased the demand for the safe-haven yellow metal. Gold futures fell 0.12% to 11,778 during the 11:58 PM ET (3:58 AM GMT). The dollar, which normally moves against…
Oil prices were lower on Monday due to rising coronavirus infections in India and other countries. Brent crude was up 23 cents, or 0.3%, at 6,644 GMT, up 6% last week from $ 66.54 a barrel. U.S. Oil was down 27 cents, or 0.2%, at $ 62.96 a barrel, up 6.4% last week. The progress…
In the futures market, soybean rose by Rs 255 to Rs 7,574 per quintal. Traders created new positions to monitor positive space demand. On the National Commodities and Derivatives Exchange, soybean for April delivery up to Rs 255, or 3.48%, to Rs 7,574 per quintal with 3,305 lots of open interest. Soybean for May delivery…
Elevated domestic prices and updated coronavirus controlsdue to the increase in infections, physical gold purchases are slowIn India, China has stepped up Gold import requiredgradually restarted. Friday, the future of local gold approximately ₹47,000 were tradedUp to 10 grams Thursday ₹47,279, maxSince mid-February. Many states like Maharashtra, Delhi, Uttar PradeshImposed local restrictions to prevent the…
