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Gold and silver prices slumped in the national capital on Friday, with the precious metal plummeting to below the Rs 80,000-mark due to heavy selling by jewellers and stockists, according to the All India Sarafa Association. Besides, a weak trend in the international markets weighed down heavily on the bullion prices, traders said. The precious

Australian Dollar staged an impressive rebound today, driven by robust employment data that surprised markets and cast doubt on the likelihood of a February rate cut by RBA. The stronger-than-expected labor market performance challenges the dovish sentiment established earlier in the week when RBA softened its inflation vigilance stance. In the aftermath of RBA meeting,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold February futures contracts at MCX opened flat on Friday at Rs 78,114 per 10 gram, which is up by 0.19% or Rs 145 while silver March futures contracts were trading at Rs 92,304/kg, down by 0.36% or Rs 329. Gold prices fell by Rs 888/ 10 grams in the last 2 days while silver

European majors are broadly under pressure today, with Swiss Franc leading losses. SNB’s unexpected 50bps rate cut caught markets off guard, and its significantly downgraded inflation projections suggest more easing is on the table for 2025. Meanwhile, Euro managed to hold steady after ECB’s widely anticipated 25bps cut. ECB demonstrated clear confidence in its inflation

EUR/USD 5 mins It’s been a tough short-term trade in the aftermath of the ECB rate cut. The move was wholly expected and the market is comfortably fully pricing in another 25bps cut in January, with a decent chance of a 50 bps cut in March or sooner. What may have weighed on the euro

Gold prices climbed Rs 500 to Rs 80,900 per 10 grams in the national capital on Thursday due to persistent buying by retailers and jewellers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity finished at Rs 80,400 per 10 grams in the previous trading session. The yellow metal

Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to weaken in 2025 to counteract the economic impact of increased US trade tariffs under the incoming Trump administration. While no official announcement has been made, Beijing appears to ready to signal greater reliance on market-driven currency valuation. Also, according to

A Fed rate cut next week is all but a given now after the US CPI report here. But before we get to that, the central bank bonanza will be making a couple of stops in Europe following the Bank of Canada decision yesterday. The SNB and ECB are the two main events to watch

gold rate today, gold rate delhi today, Gold price today, Gold price today delhi, MCX gold rate, Mcx silver rate, MCX gold live, bullion, Fed, precious metalsGold February futures contracts at MCX opened flat today at Rs 78,829 per 10 gram, which is down by 0.22% or Rs 173 while silver March futures contracts were

Dollar showed minimal reaction, other than some initial jitters, to November’s US CPI data, holding steady within its range as the report largely aligned with expectations. Headline inflation edged up, while core inflation remained flat, refusing to trend lower. With no surprise, the data cleared the way for a 25bps rate cut by Fed next

As London/European traders look to exit for the day, the US stock indices are trading higher. The broader S&P and NASDAQ index are making new session high. For the S&P index is up 51.24 points or 0.85% at 6086.27. For the NASDAQ index is up 314 points or 1.60% and breaking through the 20,000 level.

Gold prices surged past Rs 78,800 to a two-week high on Wednesday, driven by rising geopolitical tensions and expectations of a U.S. Federal Reserve rate cut next week, as investors awaited the closely watched U.S. inflation report later in the day. As of 10:09 am, February gold futures were trading at Rs 78,840 per 10

Australian Dollar dropped sharply in Asian session following a significant dovish turn in RBA’s communication. After holding rates steady at 4.35%, the central bank signaled growing confidence that inflationary pressures are easing, marking a departure from its previously vigilant tone. While May remains the most likely timing for a rate cut according to many economists,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices nudged higher to touch a two-week peak on Wednesday, supported by escalating geopolitical tensions and expectations of another rate cut by the Federal Reserve next week, ahead of a closely watched U.S. inflation report. FUNDAMENTALS * Spot gold was up 0.1% at $2,696.82 per ounce, as of 0023 GMT. U.S. gold futures rose

Euro’s selloff accelerated today, breaking to a new 2024 low against Sterling. The common currency also weakened notably against the Swiss Franc, even as it remained relatively steady against other peers. Market sentiment appears to be pricing in dovish guidance from ECB at its upcoming meeting, where a standard 25bps rate cut is expected over

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not