The US dollar is edging higher on signals the Fed is nearing tapering bond buys. ADP’s NFP and the ISM Services PMI are set to rock markets. Oil extends its rise, cryptos move higher and AMC’s stock grabs attention with parabolic rises.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Sovereign gold bond third tranche issue opens today: Should you subscribe?
The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both.
BOE Gold Commands High Premium, Signals Central Bank Buying
Gold stored at the Bank of England has been selling for unusually high premiums recently, signaling that central banks may be back in the market buying.
Gold Prices Today Fall a Day After Jumping to Nearly 4-Month High, Silver Dips
Gold Prices Today: Gold and silver prices today edged lower in Indian markets amid decline in global rates. On MCX, gold futures were down 0.22% to ₹48,444 per 10 gram while silver rates fell 0.46% to ₹71,480 per kg.
Gold Silver Rates Up For 3rd Week; Expect Bullion Prices to Climb Further
Gold Silver Rates Up For 3rd Week: Commodity prices traded mixed during the week passed by with Bullion prices rallied on inflation hedge. Base metals complex continued downside as China signalled policy action to curb rising prices. Crude oil prices declined with progress in Iran nuclear talks adding supply pressure.
Gold prices today suffer third fall in four days, silver rates drop
Gold prices in India were under pressure today amid a drop in global rates. On MCX, gold futures were down 0.4% to ₹48358 per 10 gram in third fall in four days. Silver futures were down 0.8% to ₹71,748 per kg.
Gold Prices Today Slip After Kissing 3-Month High, Silver Rates Down
Gold prices today slip in Indian markets while silver extended decline to the third straight day, tracking lackluster global cues. MCX gold futures were down 0.32% to ₹48,520 while silver was off 0.4% to ₹72,073 per kg.