TAG: Dollar Index
Gold price retraces from record high on US Fed's rate hike buzz. Buy or wait?
Gold rate today: On account of US Fed's rate hike buzz, gold price retraced more than ₹1,400 from its life-time high of ₹61,371 per 10 gm on Multi Commodity Exchange (MCX). Gold future contract for June 2023 on MCX finished at ₹59,945 levels on Friday. I...
6 months agoGold price regains buying interest on ease in US dollar rate. Should you buy?
Gold rate today witnessed buying interest during early morning deals during in commodity market today. Gold future contract on Multi Commodity Exchange (MCX) for June 2023 expiry, opened with upside gap at ₹60,229 per 10 gm levels and went on to hit intr...
6 months agoGold price sustains above $2000 despite retreat in US dollar. Should you buy?
Gold rate today: Despite US dollar continued to attract buying interest of currency market bulls, gold price today sustained above $2,000 per ounce levels in international market that triggered bottom fishing in Indian markets as well. Gold future contra...
6 months ago
Week Ahead: US jobs report to spark market frenzy again?
Economists predict August jobless rate will ease back down to 4.2% Lowered recession risks should mean slower Fed rate cuts Sturdier jobs market could boost gold, US stock indexes to new record highs Repeat of manic volatility from July NFP co...
1 month ago
All targets reached: Gold, USDInd, US500 index
Friday’s NFP report: mixed data sparked initial market confusion Jobless rate edged lower, but hiring also slowed in August Odds for 50-bps Sept Fed rate cut now down to 26% from 40% Now, US500 and US dollar indexes up; gold still lower, as pr...
1 month ago
All targets reached: Gold, USDInd, US500
Friday’s NFP report: mixed data sparked initial market confusion Jobless rate edged lower, but hiring also slowed in August Odds for 50-bps Sept Fed rate cut now down to 26% from 40% Now, US500 and US dollar indexes up; gold still lower, as pr...
1 month ago