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NEW DELHI: Gold prices rose marginally by Rs 9 to Rs 46,431 per 10 gram in the national capital on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,422 per 10 gram. Silver also gained Rs 53 to Rs 67,460 per kg from Rs 67,407 per kg
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Dollar edges lower today but there is no follow through selling so far, in quiet markets. Still, the greenback is set to end the week as the worst performer, followed by Canadian and Swiss Franc. Sterling dipped notably earlier today but quickly recovered. Australian and New Zealand Dollar are soft, consolidation this week’s gains, as
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In this article PEP Cases of Pepsi are shown for sale at a store in Carlsbad, California, April 22, 2017. Mike Blake | Reuters PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported
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Gold has been extending its gains, benefiting from the persistent drop in US Treasury yields. Returns on ten-year US debt has remained below 1.60%, making the yieldless precious metal more attractive. Moreover, it seems that the XAU/USD bulls are lifting their heads, with fresh interest.  How is gold positioned on the technical charts? The Technical Confluences Detector is
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Forex news for Asia trading for Friday 16 April 2021 Morning trade in Asia has been characterised by a stronger USD across the major FX board. The move was not driven by news nor data (although we had a reasonable flow of both) but a combination of position trimming ahead of the big data release
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Gold jumped to its highest in over a month on Thursday as the dollar and US Treasury yields retreated despite better-than-expected US economic data, pushing more investors to bullion as a refuge against possible inflation ahead. Spot gold rose 1.7% to $1,766.13 per ounce by 11:07 a.m. EDT (1507 GMT), having earlier risen to $1,767.60,
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Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report first-quarter earnings before the opening bell Thursday.Here’s what Wall Street expects: Earnings: $2.60 a share,
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Canadian dollar the laggard this week Timing is everything. That’s true in life, in trading and in analysis. The Canadian dollar is the worst-performing G10 currency this week. That’s strange given the bounce in oil prices, rising commodities more broadly, strong US data and fresh records in stock markets. The obvious concern is covid, with
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Is the consolidation over? Look at the title of this new report from Goldman Sachs. That’s the kind of thing to get anyone’s attention: “Without a surge in the use of copper and other key metals, the substitution of renewables for oil will not happen,” they write. Copper is certainly surging today, up 2% to
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NEW DELHI: Gold jumped Rs 159 to Rs 46,301 per 10 gram in the national capital on Thursday reflecting recovery in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,142 per 10 gram. Silver also gained Rs 206 to Rs 67,168 per kilogram from
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