Month: July 2022

New Delhi: Gold in the national capital on Thursday fell by Rs 478 to Rs 49,830 per 10 grams amid fall in global gold prices, according to Securities. In the previous trade, the precious metal settled at Rs 50,308 per 10 grams. Silver also tumbled by Rs 1,265 to Rs 54,351 per kg from Rs
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The forex markets are generally steady in Asian session today, with all major pairs and crosses stuck inside yesterday’s range. BoJ’s decision to stand pat on policy triggered little reaction. Instead, focus will turn to ECB, with main question on whether a 25bps hike will be delivered as pre-committed, or a bolder 50bps hike. As
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EURUSD price has displayed recovery signs and is likely to recapture 1.0200 on ECB’s rate hike expectations. The DXY has made a confident pullback after sensing lower selling pressure around 106.40. Political turmoil in Italy and renewed obscurity over gas supply from Nord Stream1 have soured market mood. EURUSD price shifted into a correction mode
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GBPUSD moved back below the 200 bar MA The GBPUSD has now moved back below the natural support at 1.2000 and has seen some liquidation of some long positions. The price has moved down to 1.19850. Looking at the 5 minute chart above, the pair is testing the midpoint of the day’s trading range and
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Gold in the national capital on Wednesday rose by Rs 20 to Rs 50,202 per 10 grams, according to Securities. In the previous trade, the precious metal finished at Rs 50,182 per 10 grams. Silver also gained Rs 35 to Rs 55,467 per kg from Rs 55,432 per kg in the previous trade. “Spot gold
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