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After making a new all-time high of Rs 84,894/10 gram, Gold April futures contracts at MCX opened marginally lower on Thursday at Rs 84,512/10 gram, which is down by 0.07% or Rs 55 while silver March futures contracts were trading at Rs 95,549/kg, down by 0.43% or Rs 416. In this week so far, the

Dollar remains on the backfoot in early US session, despite the strong ADP private employment report. The data highlights continued resilience in the labor market, with services-driven job growth and sustained wage pressures. While this should theoretically reinforce the case for Fed to maintain its pause in easing for longer, traders appear reluctant to react

Alphabet shares were a big drag on stocks earlier today and the Nasdaq remains 0.2% lower but the S&P 500 is now slightly higher ont he day after erasing a 30-point loss. That’s impressive performance given that share of GOOG remain down 7.6%. The market is continuing to digest this round of the trade war

Amid global uncertainty, supporting safe-haven buying, Gold April futures contracts at MCX on Wednesday made a new all-time high of Rs 84,200/10 grams. Around 11 am, the prices were trading at Rs 84,166 per 10 grams, which is up by 0.44% or Rs 369. Meanwhile, silver March futures contracts were trading flat at Rs 95,674/kg,

Japanese Yen gained significant ground in the Asian session, supported by stronger-than-expected nominal wage growth, which bolstered the likelihood of further BoJ rate hikes. Additionally, continued rise in real wages for the second consecutive month, despite being largely driven by seasonal bonuses, adds to the argument that wage pressures could help sustain inflation near the

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 touched an all time-high on Wednesday, underpinned by safe-haven demand after China responded to U.S. tariffs, which were initially imposed by President Donald Trump on the world’s largest consumer of gold. FUNDAMENTALS * Spot gold was up 0.2% at $2,847.33 per ounce, as of 0044 GMT, after hitting a record high of $2,848.94

Global markets remain stable as US session begins, with sentiment lifted by the delay of tariffs on Canada and Mexico. Nonetheless, investors remain cautious about ongoing tensions between the US and China, as Washington’s additional 10% tariffs on Chinese imports have taken effect. So far, there has been no scheduled phone call between US President

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

U.S. crude prices fell by nearly 2% on Tuesday as U.S. tariffs on China took effect, though President Donald Trump paused for a month a decision on steep levies on neighbours Canada and Mexico. U.S. West Texas Intermediate (WTI) crude declined $1.32, or 1.8%, to trade at $71.84 per barrel, while Brent futures fell 87

Global markets found some stability after the US agreed to a 30-day delay on tariffs against Mexico and Canada following agreements on fentanyl trafficking and border security measures. However, trade tensions remain elevated as Washington proceeded with the additional 10% tariff on all Chinese imports. In response, China retaliated by imposing a 15% tariff on

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 April futures contracts at MCX opened flat on Tuesday at Rs 83,253/10 gram, which is down by 0.04% or Rs 30 while silver March futures contracts were trading at Rs 94,200/kg, down by 0.06% or Rs 57. Gold prices surged significantly by Rs 3,100/10 grams in the last one week while silver prices rose

After a burst of volatility earlier in the session, currency markets are taking a breather as traders reassess the evolving US tariff situation. Comments from White House National Economic Council Director Kevin Hassett helped cool tensions when he clarified that, “This is not a trade war, this is a drug war,” directing the focus toward

Gold traded flat on Monday, February 3, after rising to an all-time high in the previous session, as the US dollar strengthened on mounting fears of a global trade war following US President Donald Trump’s sweeping tariff measures. As of 11:19 am, April gold futures were trading at Rs 82,300 per 10 grams on the

Global markets kicked off February under heavy strain as US President Donald Trump’s long-anticipated tariffs on Canada, Mexico, and China came into full effect. Investor sentiment turned sharply negative, with Japan’s Nikkei tumbling over 1,000 points in response. Dollar opened the week with a strong gap higher and maintained solid gains throughout Asian session. Commodity-linked

OPEC is set to hold its Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) meeting today to review current market conditions. No recommendations for broader policy changes are anticipated. Under the existing agreement, voluntary production cuts will continue through the end of the first quarter, while collective cuts are scheduled to remain in effect until the end

Gold prices fell in early Asian hours on Monday, pressured by a stronger dollar as fears of a global trade war mounted after U.S. President Donald Trump imposed sweeping tariffs on Canada, Mexico and China over the weekend. FUNDAMENTALS * Spot gold dipped 0.6% to $2,784.84 per ounce by 0113 GMT. U.S. gold futures fell