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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

NEW DELHI: Gold in the national capital on Wednesday gained Rs 110 to Rs 46,396 per 10 gram following recovery in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,286 per 10 gram. Silver also climbed Rs 324 to Rs 66,864 per kilogram from

The forex markets continue to stay in sort of risk-on mode today, with weakness in Dollar and Yen, and strength in commodity currencies as led by New Zealand Dollar. Though, traders in other markets are not too committed yet. European indexes are just mixed while US futures point to slightly higher open. There is prospect

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NEW DELHI: Gold prices gained on Wednesday after US Federal Reserve Chair Jerome Powell promised not to raise interest rates too quickly based only on the fear of coming inflation. The yellow metal pared losses in domestic markets as well. Powell on Tuesday reaffirmed the US central bank’s intent to encourage a “broad and inclusive”

Yen dropped notably overnight and stays pressured in Asian session with markets back in risk-on mode. NASDAQ closed at new record high while DOW and S&P 500 also gained. Major Asian indexes follow with solid gains in Hong Kong. Dollar also extended this week’s retreat but losses are so far limited. Meanwhile, commodity currencies are

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

NEW DELHI: Gold in the national capital on Tuesday gained Rs 45 to Rs 46,213 per 10 gram, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,168 per 10 gram. Silver declined marginally by Rs 86 to Rs 66,389 per kilogram from Rs 66,475 per kilogram in the

Trading in the forex markets is rather subdued today, as in other financial markets. Dollar continues to consolidate recent rise while European stocks and US futures are treading water. Focus turns to Fed Chair Jerome Powell’s testimony for fresh inspirations. . Sterling bulls hesitated in early part of European session, but quickly regained grounds. The

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

NEW DELHI: Gold prices edged higher on Tuesday after the dollar took a breather, lifting demand for the safe-haven metal, ahead of US Federal Reserve Chairman Jerome Powell’s testimony to Congress later in the day. The yellow metal ticked up in domestic markets, following the global cues. The US economy continues to show “sustained improvement”

The forex markets are generally staying in consolidative mode today. Dollar and Yen pulled back slightly overnight, together with the notable rebound in stocks. But both are regaining some grounds while commodity currencies soften. Traders would likely be holding their bets on the next move first, waiting for some more guidance from Fed Chair Jerome

Trade ideas from FBS The US central bank turned the market upside down. It signaled that higher inflation is a concern and that it’s considering tapering policy. The USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week! Trade

LONDON: Oil prices were largely steady on Monday on rising demand in the northern hemisphere’s summer driving season, but traders braced for a return of Iranian crude supplies despite a pause in talks to end U.S. sanctions. Brent crude for August lost 24 cents, or 0.3%, to $73.27 a barrel by 1255 GMT. U.S. West

Dollar and Yen retreat as markets enter into US session. Stock markets are staging a mild rebound in Europe, while US futures also point to higher open. Treasury yields also recovered from earlier decline, with US 10-year yield back above 1.4 handle at the time of writing. New Zealand Dollar leads Australian and Sterling higher.

Mixed picture The USD holds its strength from last week and keeps the majors pressured Gold has a very small bounce along with copper, but heavy looking markets on all that USD strength. Oil finding its own drivers with inventories low and demand looking good for 2H Bond Yields lower Equity futures pressured and VIX

NEW DELHI: Gold prices firmed on Monday, after posting a 6 per cent drop last week, as a retreat in US Treasury yields boosted the allure of the non-yielding metal. However, a stronger dollar may reduce safe heaven’s appeal and make the yellow metal a lot more volatile. The benchmark US Treasury yields fell to

China loans up Reuters reports that China has bought at least eight cargoes of US soybeans today. They are mostly for October delivery. The report notes that they had previously booked 3.05 mt and this would add at least 0.48 mt more. Prices of soybeans on the front month fell 7% yesterday but have bounced