The price of gold is on pace to close at a new record level today. A. How close level is $2832.30 on Monday, April 15. The low this week was on Monday at $2324.42. The point today at $2417.89 was the highest price for the week. The high intraday price was reached last Friday at
Month: April 2024
The focus today was on the big-cap tech stocks today. The Nasdaq index got creamed with a decline of -2.05%. That was the largest decline since January 31 when the index fell -2.23% The move lower was initially off of disappointing forward guidance from Netflix after its earning announcement after the close on Thursdays. Its
Gold and silver prices soared to fresh record high levels on Friday with the precious metal breaching Rs 74,000 per 10 grams mark here on bullish global trends. According to HDFC Securities, gold price jumped Rs 400 to hit its lifetime high of Rs 74,100 per 10 grams in Delhi. It had closed at Rs
Financial markets have steadied following a brief period of heightened volatility triggered by fears of escalating conflict in the Middle East. Initial concerns about a full-scale confrontation were alleviated. Both Israel and Iran played down the significance of recent explosions near an Iranian military base, suggesting a broader conflict might be avoided for now. As
A “Now Hiring” sign is displayed on a shopfront on October 21, 2022 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department. That’s because
Procter & Gamble shares were down sharply early in Friday’s session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered the session on a four-day winning streak while the broader market declined. Late Friday, as
The Mexican Peso recovers after data shows a rise in Retail Sales in February. The Peso had weakened in a volatile sell-off after markets switch risk averse on geopolitical tensions. Israel purportedly retaliated against Iran, with explosions heard in the Iranian city of Isfahan. USD/MXN surged to just below 18.00 on the news but then retreats and
The strongest to the weakest of the major currencies The CHF is the strongest (flight to safety) and the NZD is the weakest (risk off)as the North American session begins. The USD is mixed with the greenback losing -0.34% vs the CHF and gaining +0.25% vs the NZD. Other than that, the major currencies are
Over the weekend, Iran launched its retaliatory attack against Israel with drones and ballistic missiles. There were no casualties and 99% of the attack was neutralised. Iran eventually said that the matter could be deemed concluded. There was some initial risk on sentiment, but things turned around pretty soon as Israel pledged to retaliate. Eventually,
Gold prices MCX rose by Rs 102 or 0.14% to trade at Rs 72,785 per 10 grams while MCX May silver contracts were up by Rs 112 or 0.13% to Rs 83,385 per kg on Friday amid rising geopolitical concerns. On Thursday, gold June futures contract settled at Rs 72,683 per 10 grams while the
Significant volatility was seen in Asian session, following the news of Israel’s missile strike in retaliation against Iran. This geopolitical development initially led to steep decline in Asian stocks and concurrent surge in oil prices and safe-haven assets like Swiss Franc, Yen, and Dollar. Nevertheless, fund flows started to reverse partially as the situation seemed
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Rafael Enrique | Lightrocket | Getty Images LOS ANGELES — Netflix is due to report first-quarter earnings after the closing bell Thursday. The company’s performance has been an anomaly in the streaming realm. While competitors struggle to turn profits, Netflix saw a 12% bump in
GBP/USD loses traction around 1.2430 amid the firmer US dollar on Friday. The Fed’s hawkish comments boost the Greenback against the GBP. BoE’s Greene said rate cuts were not imminent and that inflation remains too high. The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed
The US stocks are moving back toward session lows. The NASDAQ in that this really trading at 15615. The low price reached 15595.74. At current levels the price is down -0.43%. Nasdaq moves toward key support targets As the price was lower, it is getting closer to a key technical support level defined by the
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Gold prices climbed on Thursday as concerns about the Middle East war extending to other regions boosted demand for the safe-haven metal. FUNDAMENTALS * Spot gold was up 0.4% at $2,369.93 per ounce, as of 0107 GMT. U.S. gold futures dipped 0.1% to $2,385.10 per ounce. * Israel will make its own decisions about how
The forex markets are still generally staying in consolidative mode today, showing minimal reaction to the latest economic data and comments from central bank officials. Commodity currencies, along with Swiss Franc, are displaying relative strength. Meanwhile, Euro, Dollar, and Yen are on the weaker side. In the broader financial markets, the recent selloff in global
The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon on interest rates, State Street’s head of investment strategy in EMEA said Tuesday. Altaf Kassam told CNBC that classic monetary policy mechanisms had “broken,” meaning that any changes made by the Fed will now take
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