The Gold price eased slightly from yesterday’s highs as US Treasury yields rose and supported the dollar. Prices rose sharply after a US inflation report supported a rise in gold prices on Wednesday, but Thursday’s data was mixed, which is likely to lead to gains ahead of the weekend. The
Natural gas futures hit a 15-week high on Wednesday after production fell following a rise in crude at liquefied natural gas (LNG) export plants. Freeport LNG has restored full service, predicting a warmer than expected next two weeks. The warmer weather should boost the amount of gas power generators burn
The Economic data for the day is as follows. The dollar dropped to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world’s biggest economy and drawing bets that the U.S. currency may have peaked. Monthly inflation
The Economic data for the day is in and it seems like there are a few secrets held by the US CPI and Sales numbers with regards to the future fed rates. Let’s dive in and find out all about that. The dollar traded near a one-month low against the
The Economic Data for the Day Looks Jam Packed with interesting stuff. The US dollar was slightly lower on Monday and strengthened after recent swings as attention shifted directly to upcoming US inflation data for further clues on interest rates. Gold fell 1% on Monday, looking for gains, as investors
As the sun sets on a tumultuous week, gold investors find themselves riding a wave of sharp ascents and subtle ebbs, mirroring the unpredictability of the ocean itself. Amidst a backdrop of economic uncertainty and market fluctuations, gold prices in both the US and India have painted a vivid picture
The Akshaya Tritiya 2024 is incoming as we speak. As Indians, we have a plethora of festivals that keep us joyous and prosperous all year round. When it comes to the market’s saviour ‘ Gold’, Askhaya Tritiya is one festival that always brings the shine to Gold. Diving into the
Gold price was neutral last week. Volatility eased significantly as after a wider conflict between Israel and Iran eased significantly. While prices rose on Friday after data showed US inflation rose in line with expectations, the safe-haven metal was on track. weekly decline as some geopolitical risk premiums fell. The
The Unstoppable Surge of Gold Prices: Understanding the Factors Behind the Rally- In recent times, the gold market has been on an unstoppable rally, reaching unprecedented highs and breaking through significant price thresholds. This surge in gold prices is being fuelled by a multitude of factors, each contributing to the
The gold price jumped to a new all-time high last week. Prices rose sharply even after the March report on non-farm payrolls in the US, which could prevent the Federal Reserve (Fed) from cutting interest rates faster than the market expects. The yellow metal ignored the rise in US Treasuries
