Gold prices held near the highest level in almost two months amid demand for an inflation hedge, while the bond market sell-off stalled and U.S. equities continued to retreat.
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Union Budget 2022 expectations: Market hopes cut in gold import duty to 4%, capital gain tax rationalisation
Union Budget 2022 expectations: Gold prices in the domestic market have been trading at a marginal discount to international prices partly due to strength in Indian Rupee and partly due to sluggish physical market activity ahead of the budget.
Crude Oil Jumps Higher After Hitting 8-Year High on Iraq Pipe Blast
Crude Oil extended gains in Asia from the highest close since 2014 after a key pipeline running from Iraq to Turkey was hit by an explosion, taking out crucial supply from an already tight market.
Silver Rates Forecast & Analysis: Buy White Metal Every Fall, Neal Bhai
Silver Rates Forecast: Silver (White Metal) traders jostle around the multi-day top while defending $23.00 heading into Thursday’s European session. The bright metal picks up bids to $23.20 by the press time.
Base Metals Forecast 2022 | Expected Bears May Come Out
Base Metals Forecast 2022: The year 2021 was robust for the base metals complex. After surging in 2020, metal prices continued to rise in 2021 as well.
Copper Still Has The Psychological Target Price $11,000 in its Crosshairs
Copper Target Price: Copper (LME) essentially remains unchanged and continues to hover close to the previously highlighted crucial 200-day average average (DMA) at $9,497. Strategists at Credit Suisse expect the metal to eventually grind higher towards the $11,000 level.