A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at a Target store in King of Prussia, Pennsylvania, November 20, 2020. Mark Makela | Reuters Target said Wednesday comparable sales rose 17.2% in November and December, as customers bought matching pajamas and gingerbread house kits to celebrate a cozy
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Gold eased on Tuesday in choppy trading that had earlier seen it climb as much as 1%, as a firm dollar and rising U.S. Treasury yields outweighed support from bets on higher inflation as Washington rolls out more stimulus. Spot gold was 0.1% lower at $1,842.21 per ounce at 10:07 a.m. EST (1507 GMT). On
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Sterling surges broadly today after BoE Governor criticized that negative interest rates have a lot of issues. Commodity currencies are currently the next strongest, reversing some of this week’s pull back. On the other hand, Dollar is now the weakest one for the day, as the near term recovery lost momentum. Yen and Euro are
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Gold prices in the national capital jumped for the second consecutive day on Tuesday gaining Rs 297 to Rs 48,946 per 10 gram, in line with rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,649 per 10 gram. Silver also gained Rs
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Dollar remains firm after some Fed officials’ upbeat talks about the second half but buying appears to be slowing slightly in Asian session. Gold is also setting in range for now, reflecting some hesitation to push the greenback further higher. Yen and commodity currencies turned mixed, together with the stock markets. While US stocks closed
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