In the week before the union budget, Indian equities marked a six-day losing streak after hitting an all-time high on Jan. 21.
India GDP Growth For FY20 Revised To 4% From Earlier Estimate Of 4.2%
India GDP growth in 2019-20 stood at 4% compared with the provisional estimate of 4.2%, according to the first revised estimates released by the Ministry of Statistics and Programme Implementation on Jan. 29.
Gold Price Set for Worst Start to Year in a Decade as Dollar Ascends
Gold edged lower after the Federal Reserve kept its monetary policy unchanged without promising any more aid, supporting the dollar and putting bullion on course for the worst start to a year in a decade.
Gold Prices Have Oscillated Around The Sticky $1850
Gold prices have oscillated around the sticky $1850 region due to the absence of a fresh directional catalyst. Bulls remain empowered by the great “reflation trade” and surging coronavirus cases, while bears continue to draw strength from a stabilising dollar.
Buy Gold MCX Tips Today (FEB) 48800 Target 48950 – Open SL Paid
Buy Gold MCX Tips Today (FEB) 48800 Target 48950 – Open SL Paid. Gold prices gained strengthened and silver too was up more than 1 percent in Indian markets in the morning trade on January 29. On the Multi-Commodity Exchange (MCX) track gold prices, February gold contracts were trading higher by 0.25 percent at Rs 49,056 for 10 grams at 0920 hours. March silver was trading 1.3 percent higher at Rs 68,522 a kilogram.
BUY COPPER MCX FEB CMP OR 596 SL PAID TAGET OPEN
BUY COPPER MCX FEB CMP OR 596 SL PAID TAGET OPEN. Copper prices fell sharply on Wednesday with anxiety over a “third wave” of variant covid-19 spreading across the globe and a stronger US dollar pushing down the bellwether metal, often seen as barometer of the economy.
Gold Market Investors Waited for U.S. Stimulus Package
Gold Market Investors : Gold prices were steady on Friday as investors waited for developments around a U.S. stimulus package, although the metal was on course to post a weekly and monthly decline hurt by a stronger dollar.