TAG: us dollar rate

Oil settles flat on the week over Gaza ceasefire possibility, stronger US dollar; Brent sticks to $85/bbl

Crude oil prices declined in the previous session and settled flat on the week over the possibility of a ceasefire in Gaza and a stronger US dollar. US Secretary of State Antony Blinken said that he believed talks in Qatar could reach a Gaza ceasefire ag...

6 months ago

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl

Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. This comes hours after the US Federal Reserve maintained its key interest rates at 5....

6 months ago

Gold rate today at life-time high on MCX after US Fed rate hike. Will silver climb to a new peak?

Gold rate today opened higher in early morning deals on Multi Commodity Exchange (MCX) and went on to hit new life-time high of ₹61,490 per 10 gm levels within an hour of commodity market's opening bell today. The gold price has been rising after the US...

6 months ago

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 ago

Gold price dips on US Fed's rate hike fear. Right time to buy?

Gold rate today: On account of stronger than expected US inflation and labour data, market is buzz about 25 bps rate hike by the US Fed in its upcoming meeting next month. This led to slide in gold price in early morning deals in Asian and Indian markets...

6 months ago

Gold price regains $2000 level after ease in US dollar. Should you buy?

Gold rate today: Following ease in US dollar rates due to rising concerns for economic slowdown in the US, gold price today appreciated and regained the psychological $2,000 per ounce levels in early morning deals. However, gold price had a muted opening...

6 months ago

Gold rate today below $2000 levels. Experts predict more dip on US Fed rate hike

Gold rate today slipped below the psychological $2,000 per ounce levels in early morning deals on Friday as speculations on US Fed rate hike continue to support US dollar. Gold future contract for June 2023 on Multi commodity Exchange (MCX) slipped over...

6 months ago

Gold 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 ago

Gold 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

Gold price remains steady at record high. Silver hits new peak

Gold rate today: On account of weak US dollar and fresh wave of bank crisis in US, gold and silver price rally extended for yet another session in global and domestic market. Gold future contract for June 2023 on Multi Commodity Exchange (MCX) opened hig...

6 months ago

Gold, silver price retraces from life-time high. Should you buy in this correction?

Gold rate today: After climbing to a new peak in the week gone by, both gold and silver prices witnessed profit booking on the weekend sessions. Retracing from its new peak of ₹61,845 per 10 gm, gold future contract for June 2023 in Multi Commodity Excha...

6 months ago

Gold, silver rate today trade tepid as investors await US inflation data release this week

Gold and silver rate today opened higher but remained in tight range, signaling cautious movement as investors await crucial US inflation data release this week. Gold rate today opened lower but soon caught upside momentum and went on to climb to its int...

6 months ago

Why are gold, silver prices flirting with record highs despite resilient US dollar? — explained with 5 reasons

Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with the record high on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new...

6 months ago

Why are gold and US dollar rates moving in same direction? — explained

Gold rate today: Despite the strong US dollar, gold and silver prices are continuously flirting with the record highs since last. After hitting a new peak on Friday, gold and silver prices climbed to a new peak in the early morning session on Monday. Gol...

6 months ago