• posted by IMV |
  • 28/8/2018

Gold traded lower higher amid weaker dollar index. The ongoing tiff between U.S president Donald trump and the FED is putting pressure on dollar prices and supporting safe heaven prices at lower levels. The FED wants to increase interest rate in September for cutting down high inflation but U.S president is reluctant to increase interest rate as he thinks that the prosperity in U.S economy will be harmed if interest rate gets increased....

  • posted by IMV |
  • 24/8/2018

Gold traded lower higher weaker dollar index. The ongoing tiff between U.S president Donald trump and the FED is putting pressure on dollar prices and supporting safe heaven prices at lower levels. The FED wants to increase interest rate in September for cutting down high inflation but U.S president is reluctant to increase interest rate as he thinks that the prosperity in U.S economy will be harmed if interest rate gets increased....

  • posted by IMV |
  • 23/8/2018

Gold traded lower amid strengthening dollar index. Yesterday in FED minutes meet the FED clearly showed consent on the decision on increasing interest rate in U.S which in turn supported the dollar and had a pressure on safe heaven prices. As per the SPDR data the gold holding of SPDR decreased by 3.54 tonnes and noticed at 768.70 tonnes which shows a weak fundamental for gold prices. Also, the better U.S economy prosperity is extending...

  • posted by IMV |
  • 21/8/2018

Gold traded higher amid weakness in dollar index. After U.S president Donald trump criticized FED for crossing red lines and decided to increase interest rate in the glomming economy. As per the U.S president the rising interest rate when economy is in boost will slow down the economy and will harm U.S people. The statement jolted the market participants expectation from U.S dollar and boosted the safe heaven demand again for the...

  • posted by IMV |
  • 17/8/2018

Gold exchanged sideways in the midst of blend essentials in the worldwide market. The continuous debate amongst turkey and U.S is supporting the gold costs anyway the additions are before long getting set off by the broadening dollar list which is supplanting safe paradise request in the worldwide market and putting weight on gold costs. According to the ongoing information from SPDR gold trust they have decreased their gold property by...

  • posted by IMV |
  • 16/8/2018

Gold traded lower amid strengthening in dollar index. The ongoing trade war between major economies and the upper-hand of America in the ongoing war is shifting the investors to invest in dollar irrespective of the global uncertainty which in turn is putting gold demand on a halt. The recent data of U.S retail sales which was increased 6.4% y-o-y further boosted the dollar and had a tremendous pressure on gold. Yesterday the global...

  • posted by IMV |
  • 14/8/2018

Gold traded sideways amid mix fundamentals in the global market. The ongoing dispute between turkey and U.S is supporting the gold prices however the gains are soon getting set off by the extending dollar index which is replacing safe heaven demand in the global market and putting pressure on gold prices. As per the recent data from SPDR gold trust they have reduced their gold holdings by 0.19% and currently held at 784.60 tonnes which is...

  • posted by IMV |
  • 13/8/2018

Gold traded lower in global market amid rise in dollar index. The dollar extended it gains against major currencies like Euro and Turkish lira and Russian Rubal after U.S decided to put sanctions on Russia amid assassination of Russian spy case. Which further escalated the tension between two countries and supported gold, but the gain was soon lid by extended dollar as investors put forth their interest in dollar more than the safe...

  • posted by IMV |
  • 09/8/2018

Gold traded sideways in the midst of blend feelings in worldwide market. The on-going exchange war amongst China and America bolstered the gold costs yet the gains was capped by rising dollar because of brilliant U.S financial development standpoint. After U.S president Donald trump forced 25% levy on 200-billion-dollar worth of Chinese products the Chinese partner struck back with tax on 60-billion-dollar worth of American merchandise...

  • posted by IMV |
  • 06/8/2018

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, which further supported...