• posted by IMV |
  • 13/7/2018

Gold traded lower today amid higher inflation data from U.S turned up in the market which further supported the dollar and put a cub on dollar dominated asset. The higher inflation data daunted the sentiments of market participants as it might lead to an interest rate hike in upcoming FED meeting. The market participants are eyeing on the meeting to further gauge the scenario. On the other hand, ongoing trade war between America and...

  • posted by IMV |
  • 12/7/2018

Gold prices traded lower as the dollar firmed against its peers after a expectation-beating inflation report reaffirmed expectations that the Federal Reserve would hike interest rates two more times this year. In the recent development in trade war America decided to put 10% tariff on 200 billion good of Chinese imports which is going to be under review for two months and will be executed after that. A retaliatory action by china is...

  • posted by IMV |
  • 11/7/2018

Gold traded with diligence among market participants due to mix fundamental in the market. On one hand ongoing trade war between America and china is supporting the prices while on the other hand the rise in dollar index is putting curb on the prices. In the recent development in trade war America decided to put 10% tariff on 200 billion good of Chinese imports which is going to be under review for two months and will be executed...

  • posted by IMV |
  • 10/7/2018

Gold traded with mixed tone today amid weaker than expected U.S economic data boosted sentiments for safe heaven and supported the price. A considerable fall in dollar index was noticed after U.S wages growth 0.3% against 0.25% last month further depreciated dollar. The ongoing trade tension between major economies is slowing down the further economic growth of the countries. The market participants are eyeing the recent...

  • posted by IMV |
  • 09/7/2018

Gold traded higher today amid weaker than expected U.S economic data boosted sentiments for safe heaven and supported the price. As per the data the U.S unemployment rate noted at 4.0% against 3.8% expected depreciated the dollar and a fall in dollar index was noticed which supported the gold prices. Apart from that a fall in U.S wages growth 0.3% against 0.25% last month further depreciated dollar. As gold is a dollar denominated asset...

  • posted by IMV |
  • 06/7/2018

Gold prices traded slightly lower as the U.S. dollar weakened and U.S. trade tariffs against China went into effect. U.S. tariffs on $34 billion worth of Chinese goods went into effect today, with additional tariffs on another $16 billion expected to go into effect in two weeks. Meanwhile U.S. President Donald Trump has given instructions to identify a further $300 billion in possible Chinese goods. Oil prices were under pressure...

  • posted by IMV |
  • 05/7/2018

Gold traded sideways today amid mix sentiments among market participants. The upcoming 6th July tariff of 35 billion dollar which further escalated trade tension between two major economies of the world. Due to rise in trade tension we have noticed a fall in dollar index which supported the gold prices and on the other hand the market participants are eyeing on tomorrow’s FED minute of meet to further gauge the possibility of hike in...

  • posted by IMV |
  • 04/7/2018

Gold traded higher today amid upcoming 6h July tariff of 35 billion dollar which further escalated trade tension between two major economies of the world. Due to rise in trade tension we have noticed a fall in dollar index during the evening session yesterday. A retaliatory action by china is expected by market participants which is believed to boost the demand of safe heaven. Further the market participants are eyeing on tomorrow’s...

  • posted by IMV |
  • 03/7/2018

Gold traded in a range amid mix sentiment among market participants as U.S decided to revoke the decision of limiting Chinese investment by 25% in U.S technology companies and on the other hand china central bank revised its may gold reserve of 59.240 million valuation form 77.323 billion dollar from 73.739 billion dollars creating mix sentiment among market participants. Today gold traded in a range ongoing trade tension between...

  • posted by IMV |
  • 02/7/2018

Gold traded lower last week amid mix sentiment among market participants as U.S decided to revoke the decision of limiting Chinese investment by 25% in U.S technology companies and on the other hand china central bank revised its may gold reserve of 59.240 million valuation form 77.323 billion dollar from 73.739 billion dollars creating mix sentiment among market participants. Today gold traded in a range ongoing trade tension between...