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Will gold climb to $3,000 an ounce by late next year? Will the forecast for a first-half-of-2023 downturn and a second-half upturn be flipped on its head? Will oil make a surprise rally in the second half of the year? Those would all be big surprises, right? But shouldn’t we be used to surprises by … Read more
The Gold price is back in line with the coil and would be expected to continue higher or at least stay sideways. Failing this, then an even deeper move in Gold price would be on the cards for the days ahead with $1,775 eyed. As per the prior day’s analysis, Gold Price Forecast: XAU/USD bulls … Read more
Asian stocks were trying to get into a festive mood on Wednesday and managed small gains with even Japan’s Nikkei lifting off a two-month low it hit following the Bank of Japan’s surprise decision to loosen its tight leash on government bond yields. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6 per cent. … Read more
Stock Market Today LIVE: Sensex up nearly 300 points, Nifty 80 points higher; Airtel, Power Grid topZee Business Stock Market Live: Bears In Control! What’s The Key Support Level For Nifty? | Opening Bellmoneycontrol Market LIVE Updates: Indices near day’s high, Nifty above 18,300; Bharti Airtel, Power Grid top gainersMoneycontrol Share Market Live: Sensex, Nifty … Read more
Do Traders Make Money? Do Traders Make Money? Nevertheless, after trying your hand in trading a number of times, a couple of… Global indices are soaring, helped by a decline in this index! Here’s why! Global indices are soaring, helped by a decline in this index! Here’s why! It tracks periodical changes … Read more
This is an opinion editorial by Mike Ermolaev, head of public relations and content at Kikimora Labs. Setting The Context: Global Economy Fundamentals The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a time of rampant inflation with central banks trying to remedy that by raising interest … Read more
The US Dollar has mostly dominated other currencies in recent times, pushing EUR/USD and GBP/USD to multi-year lows while also maintaining its strength against safe haven currencies as the Bank of Japan attempts to limit the devaluation of the Yen through several interventions. However, a noticeable pullback occurred last week with the USD index as … Read more
The festival of Diwali sparked fresh demand for physical gold in India this week, while consumers in top hub China were still subject to elevated premiums as supply remained low. “Retail demand gained momentum this week because of Diwali. Prices were also attractive,” said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji. The steady … Read more
Commodity and currency expert Anuj Gupta recommends a buy strategy on Gold Futures for today’s session at Rs 49800 with a stop loss of Rs 49650 and price target of Rs 50400.