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ThePres. Biden is to give a status update on Ukraine at 3:30 PM ET. Recall from last Friday the markets were shook when US officials, started to leak out fears of what was about to happen: The U.S. believes Putin has decided to invade Ukraine and communicated those plans to the Russian military, three officials

Gold in the national capital on Tuesday gained marginally by Rs 32 to Rs 49,619 per 10 grams, capping gains with correction in global gold prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 49,587 per 10 grams. Silver, in contrast, declined Rs 440 to Rs

Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro is staging a recovery, together with Aussie and Kiwi. On the other hand, Yen and Dollar are turning softer, together

That is the highest since June last year as Russia-Ukraine tensions have propelled gold from a rather benign position to a notable technical breakout. The jump on Friday saw gold break above key trendline resistance and now we’re seeing buyers try to push past the November high of $1,877.14 as well. Much like oil and

NEW DELHI: Gold prices continued to move higher on Tuesday as geopolitical concerns intensified. Heightened tensions between Russia and the West over Ukraine prompted investors to pull back from riskier assets and opt for safe-haven bullion. Gold futures on MCX were trading up by 0.57 per cent or Rs 286 at Rs 50,202 per 10

Asian markets open with heavy selling today as worries remain that Russia could invade Ukraine “any day now”. New Zealand Dollar is leading Aussie lower on risk aversion. But Canadian Dollar is the stronger one with WTI crude oil staying comfortably at around 94.5. Dollar, and Euro are also slightly stronger. FOMC minutes and comments

Overshadowed by all the drama around Russia-Ukraine, there appears to be movement on an Iranian nuclear deal. In fact, Russia’s foreign minister even held a call with Iran. Given the overwhelming responsibility on Russia’s diplomats at the moment, it’s strange he would be having a call with his counterpart in Iran, unless it were important.

Gold prices in the national capital on Monday rallied Rs 478 to Rs 49,519 per 10 grams, reflecting overnight gains in international precious metal prices and sharp rupee depreciation, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,041 per 10 grams. The Indian rupee declined 23 paise to settle

While risk aversion still dominates, sentiments appeared to be lifted by comments from Russian Foreign Minister Sergei Lavrov. In a televised exchanged, Lavrov told President Vladimir Putin, “I must say there are always chances… It seems to me that our possibilities are far from exhausted… At this stage, I would suggest continuing and building them

Gold prices slipped on Friday, as a stronger-than-expected U.S. inflation reading and hawkish comments from a Federal Reserve official ramped up odds for a hefty interest rate hike next month, sending Treasury yields higher. FUNDAMENTALS * Spot gold fell 0.1% to $1,825.29 per ounce by 0141 GMT, while U.S. gold futures dropped 0.7% to $1,824.50.

US ready to respond decisively should Russia invade Ukraine We are now in the window where a Russian invasion could begin any time Any American in Ukraine should leave within the next 24-48 hours “I do want to be clear: It could begin during the Olympics, despite a lot of speculation that it would only

New Delhi: The government on Saturday brought down the effective duty on crude palm oil import to 5.5 per cent from 8.25 per cent earlier, a move which will help control cooking oil prices and support domestic processing companies. Basic customs duty is already nil on crude palm oil (CPO) and now the Central Board

More reports on the details of Biden’s call with world leaders are leaking and it appears he did tell them that he believes Putin has given the order to invade. The yen is edging back to the highs of the day and stocks are at fresh lows with the S&P 500 down 90 points to

NEW DELHI: Gold prices slipped on Friday after a higher than expected inflation reading and rate hike signals from Fed ramped up odds for a hefty interest rate hike as soon as next month. A strong dollar and rise in bond yields also dented the gold prices. Gold futures on MCX were trading down by

Gold has been consolidating around $1800 for more than a year but there’s a series of higher lows that’s been building since the start of 2021 and now it’s threatening to break out of the long-term wedge. It’s way too early to say today’s $35 rally and push through the top is a breakout but

Oil rose for an eighth straight week as tensions between Ukraine and Russia heightened concern about tight global supplies. The global benchmark rose 1.3% this week, touching $95 a barrel Friday before paring gains. National Security Advisor Jake Sullivan said Friday that the U.S. believes Russia could take offensive military action or attempt to spark

War or rate hikes, it’s very clear that investors are worried about the former. Sentiment took a deep dive on Friday on worries over an imminent Russian invasion of Ukraine. WTI crude oil surged to new 7-year high while Gold also soared before weekly close, while stocks took a heavy beating. In the background, markets

Markets: Gold up $34 to $1861 US 10-year yields down 10 bps to 1.93% WTI crude up $3.79 to $93.67 S&P 500 down 70 points to 4433 JPY leads, AUD lags That market was continuing to digest higher US inflation and the scope for a 50 basis point hike in March in the early part