News

A snapshot of the market before and after the Biden speech shows: Dow industrial average moved from -674.33 points to -518.58 points S&P index moved from -74.06 points to -49.64 points NASDAQ index moved from -260.69 points to -171.16 points Russell 2000 move from -33.71 points to -24.96 points In the precious metals Gold move

New Delhi: Gold prices in the national capital on Tuesday jumped by Rs 552 to Rs 50,518 per 10 gram in line with positive global trend and a rupee depreciation, according to HDFC Securities. The yellow metal had closed at Rs 49,966 per 10 gram in the previous trade. Silver also shot up by Rs

The markets are surprisingly calm despite some initial volatility on escalation in Russia Ukraine situation. News of sanctions on Russia are staying to flow out, with the UK sanctioning five Russians banks and three individuals. Germany also put the certification of the Nord Stream 2 gas pipeline on hold. But there are just very little

NEW DELHI: Gold prices rallied on Tuesday, hitting a nine-month high, as geopolitical worries intensified. Russian President Vladimir Putin recognised two breakaway regions in eastern Ukraine as independent and ordered the Russian Army to launch what Moscow called a peacekeeping operation into the area, accelerating a crisis the West fears could unleash a major war.

The markets are steadily mixed in Asian session today. Sentiment is stabilized somewhat on news that US President Joe Biden and Russian President Vladimir Putin have agreed in principle to a summit over Ukraine, as brokered by French President Emmanuel Macron. Nevertheless, risks of imminent war remain. For now, Aussie and Kiwi are the slightly

The announcement itself wasn’t a surprise as the broadcast of the security meeting was released and he called Macron and Scholz to tell them before hand. Immediately after the announcement, a separate video was broadcast of him signing the decrees. Before he made the official announcement, he delivered a long history lesson. Then he talked

New Delhi: Gold prices on Monday declined by Rs 212 to Rs 49,827 per 10 gram in the national capital, in line with selling in the overseas markets, along with a rupee appreciation, according to HDFC Securities. The yellow metal had closed at Rs 50,039 per 10 gram in the previous trade. Silver tumbled by

Risk sentiment turns sour again as the arrangement for a Biden-Putin summit looks far from being promising. As the same time, there seems to be some scattered escalations in Russia-Ukraine situations. Major European indexes are trading mildly lower, together with US futures. Gold is holding in tight range slightly below 1900 handle. But in the

The move higher also comes as the dollar is seen weaker across the board alongside the yen. This comes after news earlier of a Biden-Putin summit to take place, only if Russia does not invade Ukraine. EUR/USD is now trading up to 1.1375 and is contesting its 200-hour moving average (blue line) @ 1.1373: Break

NEW DELHI: Gold prices were largely unchanged in Monday’s session, trading near eight-month high levels, as renewed Russia-Ukraine tensions supported safe-haven demand. Gold futures on MCX were trading flat, down 0.03 per cent or Rs 13 at Rs 50,099 per 10 grams. Silver futures were trading 0.45 per cent or Rs 287 lower at Rs

SINGAPORE – Oil slid more than 2% in early Asian trade on Thursday after both France and Iran said parties are closer to an agreement to salvage Iran’s 2015 nuclear deal with world powers, offsetting ongoing concerns over the situation in Ukraine. U.S. West Texas Intermediate (WTI) crude was trading down $2.50, or 2.7%, at

Gold steadied on Thursday near an eight-month high touched earlier this week, as the U.S. dollar and Treasury yields dipped on less hawkish-than-feared Federal Reserve minutes, and as the Ukraine crisis boosted demand for the safe-haven metal. FUNDAMENTALS * Spot gold held its ground at $1,868.36 per ounce, as of 0123 GMT. Bullion had hit

The week ended last week, with the risk of an imminent attach by Russia of Ukraine, and a week later, the risk remains. Today, the North American session began with overnight hope that a scheduled Russian foreign minister Lavrov and US Secretary of State Blinken meeting scheduled for next Thursday was what the markets needed

Feb 18: Gold prices on Friday were at their highest since June 2021 as mounting tensions between Russia and the West over Ukraine lifted bullion‘s safe-haven appeal, buttressed by lower U.S. bond yields. FUNDAMENTALS * Spot gold rose 0.3% to $1,902.20 per ounce, as of 0033 GMT, its highest in eight months. U.S. gold futures

The markets were rather indecisive last week, as there is still no clarity on the Russia-Ukraine situation. The fall in benchmark treasury yields and rally in Gold suggest some risk-off undertone. But then, the selloff in equities was not very committed. Meanwhile, crude oil price gyrated in established range on conflicting developments. In the currency

The reality of the on-the-ground situation in Ukraine is that separatists have controlled parts of the country for eight years. They’re recognized from abroad as part of Ukraine but, effectively, they’re not. A French Presidency source cited by Reuters said measures could be taken if “government-controlled” Ukraine was invaded. What that really means is that

MELBOURNE: Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply. Brent crude futures fell 68 cents, or 0.7%, to $92.29 a barrel at 0124 GMT, extending a 1.9%

Even though the US markets were in deep selloff overnight, Asian markets are just mixed. Investors are still waiting for come clarity on the Russia-Ukraine situation before taking a committed move. Trading is also subdued ahead of a long weekend in the US, with a holiday on Monday. In the currency markets, Aussie and Kiwi