SILVER trading on critical level, will it break or not? After witnessing a drastic fall in the previous trading session, SILVER future trading neutral today. As most traders stayed sideways ahead Federal Reserve Chair Jerome Powell after stronger-than-expected U.S. employment data ramped up fears of more monetary tightening. On Tuesday,
GOLD enjoyed the roller coaster ride, will it continue next week? U.S. Fed policy decision and Economic data resulted in a speculative up and down move in GOLD Future last week. GOLD Future tested its lifetime high 58847 on Thursday as dollar slump and then fall on Friday, after U.S.
Our outlook yesterday on MCX SILVER Future was proven accurate. SILVER prices witnessed a speculative jump more than 6% since yesterday. Also, witnessed biggest intraday gains after 20 December 2022. From the domestic front, Silver jumped abruptly, as after the Indian government on Wednesday announced an increase in import taxes
MCX Silver prices witnessed a speculative increase. Silver futures bounce back from day’s low 68613 and are currently trading at 69905.The prices found support after the dollar saw some weakness from the day’s high 102.1850 and trading at 101.883 against its major counterpart. Dollar weakened slightly against the euro ahead
A big move is waiting for GOLD or not? Fed Monetary policy and India Union Budget will major drive for the Yellow metals next week.. Yellow metals retreated sharply from a nine-month high on yesterday and settled down by more than half percent. Gold prices saw selling pressure after U.S.
Gold prices inched higher at a nine-month high on Friday, supported by resurgent safe haven demand and growing uncertainty over the path of U.S. monetary policy. MCX GOLD prices surged nearly 0.46 yesterday, making a new multi week high in tandem with a sharp drop in stock markets as weak
Yesterday, the global commodity market witnessed a mixed trend, where Comex gold prices fell by 0.61% and Silver by 1.25%. Brent Crude futures were up 52 cents, or 0.6%, at $86.44 a barrel at 0151 GMT, following a 1.7% rally in the previous session. U.S. West Texas Intermediate (WTI) crude
Here is the checklist of economic indicators which may impact the market. Today is the data on Non-Farm payroll due to which we may witness high volatility in today’s trading session. JPY BOJ Gov Kuroda Speaks at 7:00am Measures: Due to speak about macroeconomics and financial stability at an online
Here is the checklist of economic updates which may influence the conditions of the market. USD Fed Chair Powell Speaks at 12:00am Measures: Due to speak about the economic outlook, inflation, and the labor market at the Brooking Institution, in Washington DC Fed Chair Feb 2018 – Feb 2026. Fed
Here is the checklist of leading indicators which may impact the market. Currently, market is directionless due to which there is an irregularity in the movement of the trend. EUR CPI Flash Estimate y/y at 3:30pm Measures: Change in the price of goods and services purchased by consumers Released monthly,
