Gold rose in Asia on Monday morning, against the dollar. The latest U.S. employment report also calmed investors’ fears of an earlier-than-expected rise in interest rates. Gold futures rose 0.24% to $1,787.55. The dollar, which normally moves against gold, was on the downside on Monday. On the demand side, central banks, including Serbia, Thailand, and…
Oil fell in Asia on Monday morning, with investors in tenterhooks ahead of a meeting of a key organizer of the Petroleum Exporting Countries (OPEC) and allies (OPEC +). Brent oil futures were down 0.07% at $ 76.12 after falling to its first weekly decline of six in the previous week. WTI futures were also…
The SGX Nifty is at 15,841.00, up 93.80 points. Reliance’s last hour gains saw the index high for Friday’s session, but as the week was down, the Nifty was in a positive crisis after 3 days of losses. Banks were hurt as large-cap stocks such as HDFC, Axis Bank and Kotak Bank booked gains. As…
As the dollar weakened, investors flocked to the U.S. Gold rose on Friday as the Federal Reserve weighed in on the chances of a tightening, with the U.S. strongest. Showed a slight increase in the unemployment rate after the employment report. Spot gold rose 0.4% to $ 1,784.21 per ounce, hitting $ 1,794.86, its highest…
Traders switch from futures to option because of the lower cost. The rise in crude oil options reached ₹ 3,560 crores on Thursday. Trade levels slowly switching to options from the future because investors pay on premium but it’s not the future trading turnover. Generally, premium turnover is only 1-2%. Discount transaction fees on MCX…
The market saw a volatile day today. The Nifty Index and the Bank Nifty were down 0.2%. Info Edge Shares Traded Stronger on the Day and Info Edge Closed Shares gained 8%. Nifty Midcap 100 index closed lower on 0.3%. The market closed lower as the forecast-decline ratio was 1: 1x. The Nifty saw a…
Oil prices are high on Thursday, and investors are waiting to see if key producers can maintain or easily cut back. Brent oil price rose 0355GMT to 0.2% and $ 74.79 per barrel on 17 currencies. U.S. West Texas Intermediate Crude is raising at $ 73.68 a barrel and 21 currencies. WTI is up 10%…
