Gold rose in Asia on Monday morning, nearing a three-month high. The disappointing U.S. report was released on Friday. Investors are now betting that interest rates will be lower for a while due to the monthly work report. Gold futures were up 0.06% at 8,832.35 The U.S. It released its April employment report on Friday,…
Iron ore futures soared as trading resumed on Monday, setting a record amid widespread demand for China and widespread rise in commodity prices as the global economy recovers. The future in Singapore rose more than 10% to a new record of $ 226 a tonne. The raw material for making steel is increasing as there…
Rising premiums for North Sea oil led to the arrival of crude into Europe from exporters across the Atlantic. According to data compiled by Bloomberg, manufacturers in countries including Nigeria, Brazil, and the U.S. loaded nearly 1 million barrels of crude a day to European buyers more than they did in March last year. The…
Since metal stocks are more than 5%, indices use early gains. The BSE Sensex is currently trading at 49,201.47, up 251.71 points or 0.51%. The Nifty 50 is currently trading at 14,821.40, up 96.60 points or 0.66%. The Nifty Bank was up 0.23% at 32,902.95 and the Mid Cap Index was down 0.12%. Tata Steel,…
Oil led to a second straight weekly improvement as investors bet on rising energy demand amid a broad rally in commodities, with China’s strong trading data highlighting the strength of the world economy. The West Texas Intermediate rose 0.5%, recovering from a fall on Thursday. As vaccine-assisted economic activity proliferates in the U.S., Europe, and…
The U.S. warns of possible interest rate hike Gold fell in Asia on Wednesday morning as investors digested Treasury Secretary Janet Yellen’s comments. Gold futures were down 0.60% at $ 1,781.10. The U.S., which usually moves in the opposite direction to gold. The dollar index was up until Wednesday. U.S. Yellen said Tuesday that an…
Indices trade higher on elegant banking and metal stocks.The BSE Sensex is currently trading at 48,825.43, up 106.91 points, or 0.22%. The Nifty 50 is currently trading at 14,673.25, up 39.10 points or 0.27%. The Nifty Bank was up 1.35% at 32,903.80 and the Mid Cap Index was up 1.77%. SBI Life, UPL, Bajaj Accounting,…
Lead futures trading on the Multi Commodity Exchange (MCX) saw a downward trend. Indicates high during late February ₹ 181.3. Over the next three weeks,Future price 13 low Percent and touched ₹ 157Levels. But then the bulls acted quickly and returnedAround the course. After a brief period of integration,Futures are beginning to march they crossed…
Crude oil barrel confidence rose to $ 67.Countries that are coming back with strong demand are included.The United States and China are concerned about a rise in the coronavirus. India cases and many OPEC + oil distributors. A new wave of the virus already led to the fall.The world’s third-largest consumer fuel sales in April….
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…
