• posted by IMV |
  • 15/10/2018

Gold traded higher amid a slide in European equities compounded impacted on global stock markets. Global stocks were under pressure, with European shares falling to a 22-month low, brought down by factors including the U.S.-China trade dispute, higher U.S. interest rates, steady Brexit negotiations and concern about economic slowdown in China. The International Monetary Fund last week said that risks to the global financial system, which...

  • posted by IMV |
  • 14/9/2018

Updates on Bullion, Base Metals and Energy Levels 14th September 2018 Gold traded higher amid fall in dollar prices the recent announcement by Indian Prime minister to review the economic scenario boosted the sentiments of investors and boosted rupee prices which in turn, curbed dollar, but gains were soon tempered by expectations of a U.S. rate hike later this month. However, the demand for the dollar eased this week on news that...

  • posted by IMV |
  • 11/9/2018

Updates on Bullion, Base Metals and Energy Levels 11th September 2018 Gold traded higher amid strong fundamentals in the global market. The ongoing Turkish and American issues supported the gold prices but soon the gain was capped by rising dollar. Also, as per the data, China end august gold reserves declined to $71.2 billion from $72.3 billion and valued at 59.24 million which proved to be a negative fundamental for gold. But...

  • posted by IMV |
  • 05/9/2018

Gold traded higher in domestic market amid upcoming festive demand in domestic market. While in the international market, gold was spotted trading a range due to the existence mixed sentiments in the market. The strong economic data of US is putting a pressure on the prices of gold while giving a boost to the value of Dollar. Since past few days, Dollar has been strengthening against other major currencies, which is a a matter...

  • posted by IMV |
  • 31/8/2018

Economic Times ● NCLT approves merger of Idea-Vodafone ● Banks drag Sensex lower, rupee falls beyond 70.80 against US dollar ● Paytm Mall to host BigBasket on its app in fight with Flipkart, Amazon ● Govt set to give green signal to ₹ 5,000 crore UTI AMC IPO ● DoT seeks ₹ 1,626 crore for clearing Airtel-Tikona merger Business Standatd ● From GDP growth to black money, costs outweigh...

  • posted by IMV |
  • 30/8/2018

शेर अगर दो कदम पीछे हटे, इसका मतलब ये नही कि वो डर गया Above quote is for Nifty and USDINR as both are slightly lower from the top while Crude oil rallied once again in recent days. Don't judge the market because here a quote follows nicely that  TREND IS YOUR BEST FRIEND.  Every one is waiting from 10600 mark  'KI MERE KARAN ARJUN AAYENGE' means soon Index will take reversal and will see sharp downside move in the...

  • posted by IMV |
  • 08/8/2018

Gold traded sideways amid mix sentiments in global market. The on-going trade war between China and America supported the gold prices but the gains was soon capped by stable dollar due to bright U.S economic growth outlook. After U.S president Donald trump imposed 25% tariff on 200-billion-dollar worth of Chinese goods the Chinese counterpart retaliated with tariff on 60-billion-dollar worth of American goods and in the tit for tat...

  • posted by IMV |
  • 03/8/2018

Gold traded sideways amid mix sentiments in global market. The unchanged unemployment claims data from U.S showed a picture of better economy in U.S which in turn lid the gains in gold. The ongoing trade war between America and china supported the gold prices at lower levels. Previously proposed tariff on 200 million worth of Chinese goods raised from 10% to 25% which further escalated the trade tension between two major economies and...

  • posted by IMV |
  • 30/7/2018

Gold traded sideways amid mix sentiments in global market. The on-going war of words between Iran and U.S is creating uncertainty in global market which in turn is supporting safe heaven prices. On the other hand, the market participants are eyeing on upcoming FED meet to gauge the scenario of interest rate. Before FED meet a rise in dollar index was noticed which further lid the gains in gold. As per the recent data by CFTC a total of...

  • posted by IMV |
  • 27/7/2018

Gold traded lower amid positive outcome from talks between U.S president Donald trump and EU Commission president Jean Juncker. Jean quoted after the meeting that “We came here for a deal and we had a deal” which came in response from positive talks between the two in regards of on-going trade war between them. EU commission president said that Europe will be open to zero tariff and non-tariff barriers on industrial goods. Apart from that...