Oil in New York extended gains to erase a weekly loss, garnering support from a recovery in equities and a softer dollar.
Bitcoin prices experienced some notable volatility today, dropping below $50,000 following a highly visible tweet from Elon Musk and then recovering.
The gold futures contract lost 0.72% on Wednesday, as it retraced some of its Thursday’s-Friday’s rally. The gold price broke above a short-term consolidation along $1,800 price level last week.
The Central government has started the process of borrowing with the launch of sovereign gold bonds in consultation with the Reserve Bank of India on Wednesday.
PMC Bank: Eighteen months after the Reserve Bank of India placed Punjab And Maharashtra Cooperative Bank Ltd (PMC Bank). under restrictions, the regulator’s options to resolve the insolvent lender have dwindled.
Gold Price Forecast: पिछले दिनों गोल्ड ने कुछ जीत हासिल की, लेकिन यह एक जोखिम भरा खेल रहा है। एक गलती और पीली धातु युद्ध हार सकती है।