The rupee declined 15 paise to close at a new lifetime low of 79.60 (provisional) against the US dollar on Tuesday as a strong greenback overseas and weakness in domestic equities continued to weigh on investor sentiments.
The Mutual Fund Show: Do The New Rules Impact You?
The new mutual fund rules will have an impact on how investments are made but will ultimately benefit investors, according to experts. While there have been …
Crude Oil Sinks on Demand Concerns as IEA Sees Energy Crisis Enduring
Crude Oil extended losses as a Covid-19 resurgence in China added to concerns about a global economic slowdown, with the International Energy Agency warning the worst of the energy crisis may be ahead.
Gold Slides To 9-Month Low As Investors Turn To Dollar As Haven
Gold extended a decline as the dollar strengthened ahead of US inflation data later this week that could influence the size of the Federal Reserve’s rate hike.
Spot Gold Price Forecast: Next Crucial Support Near the $1,712 Level
Spot Gold Price Forecast: The combination of diverging forces held back traders from placing aggressive bets and led to subdued price moves for the third successive day on Monday. Nevertheless, the bias still seems tilted in favour of bearish traders as the focus now shifts to the latest US consumer inflation figures, due on Wednesday. Apart from this, the US monthly Retail Sales data and Prelim Michigan Consumer Sentiment on Friday will influence the USD price dynamics. Traders will further take cues from the broader market risk sentiment to grab short-term opportunities around gold.
MCX Weekly Research Report, 11 To 15 July 2022 By Neal Bhai
Top 5 Commodities MCX Weekly Research Report, 11 to 15 July 2022 Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
The number of Silver Short Positions Long Positions Exceeds 8319 Lots
Commodity prices traded lower with most of the commodities in the non-agro segment extending downside as a stronger dollar lowered the bargaining power. Bullion prices declined on market expectations of aggressive FED in the July meeting. Base metals traded weak on lower demand from China along with a stronger dollar. Crude oil prices traded down on slowdown fears and weaker demand expectations.