ECB set for second straight rate cut as euro zone economy stagnates

October 17, 2024 2:10 PM by PIA CHAUHAN

The European Central Bank (ECB) is likely to lower interest rates for the third time this year on Thursday, arguing inflation in the euro zone is now increasingly under control and the economy is stagnating.

Gold prices fell to a one-week low in line with US Inflation data

Last Updated On October 8, 2024 5:21 PM by Neal Bhai

Safe-haven gold prices may get some support from the slight decline in the US dollar (USD) along with the risk of further escalation of geopolitical tensions in the Middle East. Traders may also avoid placing aggressive bets ahead of the release of the FOMC meeting minutes on Wednesday. In addition, the US Consumer Price Index (CPI) and the US Producer Price Index (PPI) to be released on Thursday and Friday should provide fresh momentum to Yellow Metal.

Gold Weekly Forecast: Gold Investors Await US Labor Market Data

Last Updated On August 31, 2024 4:57 AM by Anil Yadav

Gold remains within striking distance of new record-high above $3,319

Financial markets in the US will remain closed in observance of the Labor Day holiday on Monday. On Tuesday, the ISM Manufacturing Purchasing Managers Index (PMI) for August will be featured in the US economic docket. Investors expect the headline PMI to edgehigher to 47.8 from 46.8 in July. A reading above 50, which would suggest that the business activity in the manufacturing sector recovered back into the expansion territory, could provide a boost to the USD with the immediate reaction and weigh on Gold.

Spot Gold Nears All-Time High

Last Updated On August 29, 2024 2:13 PM by Neal Bhai

Spot Gold climbed above $2,510 an ounce on Thursday, hitting a record high, as prospects of interest rate cuts by the Federal Reserve continued to support the yellow metal while investors awaited fresh cues on the extent of the cuts.

Sovereign gold bonds: How a well-intentioned Scheme is Emptying the Government Coffers

Last Updated On August 22, 2024 1:40 PM by Neal Bhai

Sovereign Gold Bonds Discontinued In FY25 On Price Volatility, Global Economic Headwinds: Finance Minister

The sovereign gold bond was conceptualised as an instrument which could kill two birds with one stone. It would partially satisfy Indian investors’ demand for gold, which has to be imported, and help fund the central government’s borrowing needs at a low interest rate.

Fed Meeting Results: FOMC ने दरें स्थिर रखीं, पॉवेल ने कहा कि सितंबर में कटौती संभव है

Last Updated On August 1, 2024 10:00 AM by PIA CHAUHAN

The Fed is ready to free up the US economy with a soft landing

🟢 Fed Meeting Results: यूएस फेडरल रिजर्व ने 31 जुलाई को दो दिवसीय फेडरल ओपन मार्केट कमेटी (FOMC) की बैठक के बाद ब्याज दर के अपने फैसले की घोषणा की, जिससे बेंचमार्क ब्याज दरें लगातार आठवीं बैठक के लिए 5.25 प्रतिशत – 5.50 प्रतिशत पर अपरिवर्तित रहीं, जो वॉल स्ट्रीट के अनुमानों के अनुरूप है।

मध्य पूर्व में गहराते तनाव के कारण सोने की कीमत में और तेजी आई।

Last Updated On September 19, 2025 6:32 PM by Anil Yadav

बढ़ते मध्य पूर्व संकट के बीच सोने की कीमत (Gold Price) में वृद्धि जारी है क्योंकि अमेरिकी राष्ट्रपति जो बिडेन ने सीरियाई सीमा के पास उत्तरपूर्वी जॉर्डन के पास अमेरिकी सेवा कर्मियों पर मानव रहित हवाई ड्रोन हमलों के लिए जवाबी कार्रवाई करने का वादा किया है। फिर भी, कीमती धातु में गिरावट आ सकती है क्योंकि निवेशक फेडरल रिजर्व (Fed) द्वारा ब्याज दर के फैसले का इंतजार कर रहे हैं, जिसकी घोषणा बुधवार को की जाएगी।