New Delhi: Gold rallied Rs 195 to Rs 46,625 per 10 gram in the national capital on Thursday in line with gain in international precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,430 per 10 gram. Silver also jumped Rs 569 to
Month: November 2021
Customers stand in line to check out at a grocery store in San Francisco, California, U.S., on Thursday, Nov. 11, 2021. David Paul Morris | Bloomberg | Getty Images After lying dormant for years, inflation is once again chipping away at American wallets, and it has become a chief concern for the White House. In
The forex markets are rather quiet in Asian session today. Trading will probably remain subdued with US on holiday. The greenback remains the strongest one for the week on speculation that the “transitory” yet persistent strong inflation would eventually force Fed to raise interest rate earlier. Canadian Dollar is currently the second strongest for the
Ford stock steady after a recent surge to 20-year highs. F looks to be forming a bullish flag pattern. Rivian stake is flying. Ford (F) stock was relatively quiet on Wednesday ahead of the shortened Thanksgiving week, but the stock remains strong and looks poised to build on recent gains that have taken it to a 20-year high.
The dollar continues to keep in a good spot technically The greenback is trading more mixed and a touch lower on the day but it isn’t anything that is too significant as compared to the changes in the past week, or even yesterday. EUR/USD dipped below 1.1200 for the first time since June 2020 in
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 of your initial investment; do
NEW DELHI: Gold and silver futures prices were trading with gains on Thursday but comments from the US Federal Reserve policymakers suggesting the central bank could accelerate stimulus tapering kept the gains in check. A growing number of Fed policymakers indicated they would be open to speeding up the elimination of their bond-buying program if
Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising. The committee that sets interest rates for the Fed on Wednesday released the minutes from the November session where it first signaled that it could be dialing back
In this article BBY Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fiscal third-quarter earnings beat estimates on Tuesday, yet shares tumbled as investors worried about rising shipping costs and weaker demand
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slumped -5.98 mmb to 1217.89 mmb in the week ended November 19. Crude oil inventory added +1.02 mmb to 434 mmb, compared with consensus of a -0.48 mmb increase. Inventory increased in 3 out of
The Double Exponential Moving Average is a powerful indicator to have in your trading arsenal since it could help you find strong momentum as well as outstanding reversal trade possibilities. Join My Trading group: https://www.kristinaforex.com/ SOCIAL: 📸 Instagram _ @kristina.forex 📩 Email _ fxtraderkristina@gmail.com #forex #trading #forextrading When compared to a standard exponential moving average,
WTI picks up bids to reverse the pullback from weekly top. OPEC panel anticipates 1.1 mbd excess supplies due to SPR. Asia follows the US-led release of strategic oil reserves, EIA stockpiles increase. Off in US, the light calendar will restrict intraday moves. WTI prints mild gains above $78.00, near $78.20 during Thursday’s Asian session
Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase. In a Wednesday letter to BRD users, CEO Adam Traidman and co-founder Aaron Voisine said some of the company’s team members would be moving to Coinbase to continue working on crypto wallets. Coinbase Wallet said on
10-year Treasury yields on the verge of a breakout? Treasury sellers will certainly have a lot to think about this Thanksgiving holiday as yields are on the cusp of a potential technical breakout to the topside. The trendline resistance for 10-year yields at around 1.68% is keeping a lid on action so far on 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 of your initial investment; do
Kolkata: BSE, India’s second-largest commodity exchange, has signed a Memorandum of Understanding (MoU) with the Madurai District Gold and Silver Merchant Association to provide an impetus for the growth and development of commodities and proposed Electronic Gold Receipt (EGR) market in India. Through this association, both entities, as well as the stakeholders they serve, will
Gasoline prices are displayed at a gas station on November 16, 2021 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Inflation rose strongly in October, accelerating at its fastest pace since the early 1990s, according to a Commerce Department gauge released Wednesday that is closely followed by Federal Reserve
In this article DKS Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Dick’s Sporting Goods on Tuesday reported fiscal third-quarter earnings and sales that outpaced analysts’ expectations, leading the sporting goods giant to hike its annual
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