• posted by IMV |
  • 04/10/2018

Gold prices moved in a narrow range on Thursday after upbeat U.S. economic data and hawkish comments from Federal Reserve policymakers raised prospects of the central bank sticking to its tighter monetary policy, boosting the dollar. The Fed raised U.S. rates last week and said it planned four more increases by the end of 2019 and another in 2020, citing steady economic growth and a robust jobs market. The Italian government indicated it...

  • posted by IMV |
  • 03/10/2018

Gold trader higher on bourses amid soften in dollar gains. The rise in U.S. 10-year bond yield supported the correlation and in turn supported gold prices at lower levels. The safe-haven metal got a boost on concerns surrounding Italy's plans to tackle budgetary deficit. Italy’s government targets for the budget deficit to fall to 2.2 percent of gross domestic product in 2020 and to 2 percent in 2021 from an expected 2.4 percent next...

  • posted by IMV |
  • 01/10/2018

Gold traded slightly lower amid rise in dollar prices. The recent statement by the FED to pursue a tighter monetary Policy supported the dollar prices and capped the gains in safe heaven. However due to positive sentiments in gold the precious metal recovered sharply from the lower levels and traded sideways in the morning session. Higher U.S. interest rates tend to boost the dollar and push bond yields up, putting pressure on gold prices...

  • posted by IMV |
  • 28/9/2018

Gold traded lower in the midst of the ongoing increment in loan fee climb by the FED bolstered the dollar costs and controlled the additions in gold costs. The joint choice by U.S president Donald Trump and his Japanese counter accomplice Prime Minister Shinzo Abe chose to meet to determine exchange talks which additionally began putting weight on gold costs. The Fed raised financing costs for the third time this year on Wednesday and...

  • posted by IMV |
  • 26/9/2018

Gold exchanged sideways in the midst of blend essentials in the worldwide market. The acceleration in US-China exchange war upheld the gold costs while then again, the dollar stood firm in front of the two-day U.S Federal Reserve meeting because of which the market members are looking at on the result of Fed choice to additionally check the development in safe paradise costs. In the ongoing advancement between the two noteworthy economies,...

  • posted by IMV |
  • 25/9/2018

Gold traded sideways amid mix fundamentals in the global market. The escalation in US-China trade war supported the gold prices while on the other hand the dollar stood firm ahead of the two-day U.S Federal Reserve meeting due to which the market participants are eyeing on the outcome of Fed decision to further gauge the movement in safe heaven prices. In the recent development between the two major economies, china cancelled the further...

  • posted by IMV |
  • 24/9/2018

Gold traded higher amid escalation in US-China trade war. In the recent development between the two major economies, china cancelled the further trade talks with U.S.A after US. President commented on imposing further tariff on Chinese military equipment which further curbed the dollar gains and supported the safe heaven prices at lower levels. The news out of China does seem to be having some negative impact (on gold) with the U.S. dollar...

  • posted by IMV |
  • 21/9/2018

Gold exchanged higher as the dollar debilitated on retreating fears of an out and out Sino-U.S. exchange war valuable metal on track for its first week by week gain in four. Market members have been purchasing the dollar trusting that the United States has less to lose from the question. Be that as it may, the dollar has debilitated for the current week, with financial specialist streams being redirected far from the greenback to its...

  • posted by IMV |
  • 17/9/2018

Gold traded higher as investors bought the asset after prices dipped in the previous session, amid reports that the United States is set to impose a new round of tariffs on Chinese imports which supported the gold prices at lower levels. As per the recent development in global tariff wars U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports. The tariff level will probably be about 10%,...

  • 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...