New Delhi: Gold in the national capital on Friday gained Rs 99 to Rs 46,312 per 10 gram amid a recovery in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,213 per 10 gram. Silver, however, dipped marginally by Rs 32 to Rs 61,667
Month: August 2021
Overall markets continue to trade in a mixed manner for now. Yen and Dollar are currently the weakest for the weak while commodity currencies are the strongest. But all major pairs and crosses are stuck inside prior week’s range. The situation in Afghanistan is unlikely to be a persistent worry for investors. Main focuses will
A Warby Parker’s store in The Standard, Los Angeles, California. Michael Buckner | Getty Images Eyeglass brand Warby Parker has lost money or broken even over each of the past three fiscal years — and warned it may face headwinds as it tries to turn a profit as a public company, according to documents filed
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EUR/GBP edges higher in the early European session on Friday. The Euro gains momentum on hawkish ECB, mixed data. The sterling remains on the backfoot amid concerns of economic slowdown due to Brexit induced supply-chain disruptions. EUR/GBP edges higher on the last trading day of the week in the early European trading hours. The pair
Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency. Cramer made the comments in the Lightning Round on Aug. 25 in response to a caller who asked whether buying Coinbase stock was a good way to get crypto exposure.
NASDAQ trades to record high before reversing lower The major indices are closing near the lows for the day. Highlights: NASDAQ still on track for its best week in five weeks Dow breaks a four day win streak NASDAQ and S&P break as a five day win streak NASDAQ traded to a record high before reversing
Australia’s epicentre of the surge in infections is Sydney and New South Wales state. From neighbouring state Victoria earlier: The last couple of weeks or so in NSW: 390, 466, 415, 478, 452, 633, 681, 644, 825, 830, 818, 753, 919, 1029, and today: 882 Onto something a little more encouraging … The total
NEW DELHI: Gold prices inched lower, almost flat, on Thursday, following global trends as investors turned cautious ahead of US Federal Reserve Chair Jerome Powell’s speech this week, which could provide cues over economic stimulus. Gold futures on MCX were up merely 0.04 per cent, or Rs 17, at Rs 47,196 per 10 gram. Silver
Swiss Franc drops sharply today, as pressured by selling against Euro, and rising treasury yields. Dollar once again tries to recover, but there is no committed buying yet. The greenback traders will carefully scrutinize the comments from Fed officials coming out today and tomorrow, as the annual Jackson Hole Symposium goes along. Meanwhile, commodity currencies
In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton said Thursday its fiscal fourth-quarter loss widened as the pace of revenue growth slowed dramatically and costs associated with
Data released on Thursday showed GPD grew at an annualized rate of 6.6% during the second quarter, revised from 6.5% and below the 6.7% expected. The data continue to show that consumer spending was the primary driver of overall GDP growth in Q2, with business fixed investment spending also making a positive contribution to the
The USD mostly higher but only modestly As the North American session begins, the snapshot of the strongest weakest shows the EUR it is strongest and the CHF is the weakest. The USD it is mostly higher but only modestly. US first revision to the GBP will be released at the bottom of the hour with the expectations for growth
US Q2 GDP (second reading) +6.6% vs +6.7% expected Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT The second look at Q2 2021 GDP The advance reading on Q2 was 6.5% Q1 was 6.4% annualized 2020 GDP was -3.4% Personal consumption +11.9% vs +11.8% advance reading GDP price
New Delhi: Gold in the national capital on Thursday dipped Rs 265 to Rs 46,149 per 10 grams, in line with a fall in international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, gold closed at Rs 46,414 per 10 grams. Silver also tumbled Rs 323 to Rs 61,653
Another round of selling was seen in Dollar overnight, as US stocks extended record run. But Yen was even weaker, following the strong rally in treasury yields. It remains to be seen if investors are already starting to position themselves for the Jackson Hole symposium. For now, Yen, Dollar, and Swiss Franc are the worst
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