US President Donald Trump slammed India’s import duties in his first speech to a joint session of Congress on Wednesday. Trump specifically targeted India’s tariffs on automobile imports saying, “India charges us auto tariffs higher than 100 per cent.”
policy
Will the price of gold continue to rise in the long term?
Gold┬аhit a new lifetime high in both domestic and overseas markets last week. Uncertainty over US trade tariffs bolstered goldтАЩs safe-haven appeal. Firm overseas prices, a record weak Indian Rupee, and stable demand offered additional support to domestic prices.
Gold Price Recovers Further to Nearly $2,636 on the Fresh Escalation in the war Between Russia and Ukraine
Gold price (Yellow Metal), Silver (XAG/USD) extends its recovery for a 2nd consecutive day, trading around $2,636 in European hours on Tuesday, as Ukraine has already launched US-made ATACMS ballistic missiles into Russia, according to reports from local media RBC citing a source from the Ukrainian Armed Forces. The move has escalated fears of a nuclear war, prompting investors to flee towards safe-haven assets such as Gold.
Gold Defends Key $2,547 Support; WhatтАЩs Next?
Spot Gold Price Forecast: The short-term technical┬аoutlook┬аfor Gold price remains more or less the same, with any recovery attempts likely to be short-lived as long as the 14-day Relative Strength Index (RSI) stays bearish.
рдИрд╕реАрдмреА рдФрд░ рдлреЗрдб рдиреЗ рд╕рд┐рддрдВрдмрд░ рдореЗрдВ рд╕рдВрднрд╛рд╡рд┐рдд рдХрдЯреМрддреА рд╕реЗ рдкрд╣рд▓реЗ рдорд┐рдирдЯ рдкреНрд░рдХрд╛рд╢рд┐рдд рдХрд┐рдП
рдЗрд╕ рд╕рдкреНрддрд╛рд╣ рд╕рднреА рдХреА рдирд┐рдЧрд╛рд╣реЗрдВ рд╡рд╛рдпреЛрдорд┐рдВрдЧ рдХреЗ рдкрд╣рд╛рдбрд╝реЛрдВ рдкрд░ рд╣реЛрдВрдЧреА, рдЬрд╣рд╛рдВ рдлреЗрдбрд░рд▓ рд░рд┐рдЬрд░реНрд╡ (Federal Reserve) рдХреА рдЬреИрдХреНрд╕рди рд╣реЛрд▓ рд╕рдВрдЧреЛрд╖реНрдареА рд╣реЛрдЧреА, рдпрд╣ рд╣рд░ рд╕рд╛рд▓ рдиреЛрдмреЗрд▓ рдкреБрд░рд╕реНрдХрд╛рд░ рд╡рд┐рдЬреЗрддрд╛ рдЕрд░реНрдерд╢рд╛рд╕реНрддреНрд░реА рдХреЛ рдХрд╛рдЙрдмреЙрдп рд╣реИрдЯ рдореЗрдВ рджреЗрдЦрдиреЗ рдХрд╛ рд╕рдмрд╕реЗ рдЕрдЪреНрдЫрд╛ рдореМрдХрд╛ рд╣реИред
рд╣реЗрдЬ рдлрдВрдбреНрд╕ рдХрд╛ рд╕реЛрдиреЗ рдкрд░ рддреЗрдЬреА рдХрд╛ рджрд╛рдВрд╡ рдЪрд╛рд░ рд╕рд╛рд▓ рдХреЗ рдЙрдЪреНрдЪрддрдо рд╕реНрддрд░ рдкрд░ рдкрд╣реБрдВрдЪрд╛
рдордиреА рдореИрдиреЗрдЬрд░реНрд╕ (Money Managers) рджреНрд╡рд╛рд░рд╛ рд╕реЛрдиреЗ рдореЗрдВ рд▓рдЧрд╛рдП рдЧрдП рджрд╛рдВрд╡ рдЪрд╛рд░ рд╕рд╛рд▓ рдХреЗ рдЙрдЪреНрдЪрддрдо рд╕реНрддрд░ рдкрд░ рдкрд╣реБрдВрдЪ рдЧрдП рд╣реИрдВ, рдЬреЛ рдЕрдореЗрд░рд┐рдХреА рд░рд╛рд╖реНрдЯреНрд░рдкрддрд┐ рдЪреБрдирд╛рд╡ рдЕрднрд┐рдпрд╛рди рдХреЗ рдмрд╛рд░реЗ рдореЗрдВ рдирд┐рд╡реЗрд╢рдХреЛрдВ рдХреА рдЪрд┐рдВрддрд╛рдУрдВ рдХреЗ рд╕рд╛рде-рд╕рд╛рде рдлреЗрдбрд░рд▓ рд░рд┐рдЬрд░реНрд╡ (federal reserve) рджреНрд╡рд╛рд░рд╛ рдмреНрдпрд╛рдЬ рджрд░ (interest rate) рдореЗрдВ рдХрдЯреМрддреА рдХреЗ рд╕рдордп рдкрд░ рдирдП рд╕рд┐рд░реЗ рд╕реЗ рдзреНрдпрд╛рди рдХреЗрдВрджреНрд░рд┐рдд рдХрд░рдиреЗ рдХрд╛ рд╕рдВрдХреЗрдд рджреЗрддрд╛ рд╣реИред
Digital Gold Firm Plans Metal Leasing for IndiaтАЩs Jewelers
Digital Gold Firm Plans: After giving Indians the option to buy┬аgold online┬аfor as little as 10 rupees (12 cents), digital gold provider┬аSafeGold┬аis planning to let its customers lease their metal to credit-starved small jewelers.
Draghi’s Long Farewell May Delay ECB Guidance move
Gold Silver Reports (GSR) – Some European Central Bank policymakers are reluctant to alter their guidance on interest rates as a move could tie the hands of the bankтАЩs next president many months before an appointment is even made, four sources close to the matter said.
ECB’s Nowotny: We Expect Positive Economic Outlook To Continue But Risks Exist
ECB’s Nowotny: Asked About Latest GDP Figures, Has Not Seen Anything That Would Require An Adjustment Of Monetary Policy Outlook
Stabilising virtues of central banks haircuts: (Re)matching bank liquidity
During the euro area sovereign debt crisis, the ECB implemented several adjustments to its collateral and haircut policies as part of its whole set of non-standard monetary policy measures. While haircut grids may sound like an obscure, merely technical aspect of monetary policy implementation, they turn out to be a key translator of monetary policy loosening with a direct impact on bank balance sheets, the shadow value of their assets and how encumbered they are. Changing haircuts immediately affects the quantity of liquidity that banks can claim against their collateral in open market operations (OMOs).