ईरान के साथ करीब एक सप्ताह से जारी तनाव के बीच अमेरिका के नरम रुख के कारण विदेशों के साथ स्थानीय बाजार में भी सोने के दाम में जबरदस्त गिरावट देखने को मिली। आज 10 ग्राम सोने का भाव 1,160 रुपये टूटकर 41,170 रुपये पर आ गया। चांदी 1,735 रुपये लुढ़ककर करीब एक सप्ताह के निचले स्तर 47,825 रुपये प्रति किलोग्राम पर आ गयी।
Trump
Powell Analysis: Fed may cut rates in 2020, but the dollar moves to Trump’s tune
The central bank is ready to respond to a slowdown – or “material reassessment.” That is the critical part from the prepared remarks that Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, has prepared for his testimony. The Fed is content with the current state of the US economy and with its policy – but is ready to cut interest rates once again. That may happen in 2020.
Gold Prices Have Fallen on Profit Taking
Gold Silver Reports (GSR) – Spot gold fell 0.4 per cent to $US1,254.81 per ounce after hitting its highest since June 26 of $US1,266.40 on Thursday. Gold prices have fallen on profit-taking, a day after bullion touched a near six-month high and the dollar rebounded, but the metal stayed on track for a weekly gain as the appetite for risk waned.
Trump Says Federal Reserve Rate Hikes Are His ‘Biggest Threat’
President Donald Trump called the Federal Reserve his “biggest threat,” again criticizing the central bank for endangering economic growth through interest-rate hikes.
Trump’s Unusual Fed Bashing Raises the Stakes of a Policy Blunder that Damages the Economy
President Donald Trump is not known to mince words. And this week, he offered his sharpest rebuke yet of the Federal Reserve.
Trump says the Federal Reserve has ‘GONE CRAZY’ by Continuing to Raise Interest Rates
President Donald Trump knocked the Federal Reserve for continuing to raise interest rates despite some recent market turbulence.
China Reopens With Another Dollar Warning – Gold Silver Reports
If it seemed a bit calmer on Monday in global markets than has become typical, it was likely due to the absence of Chinese influence. China’s markets were closed for the country’s annual Dragon Boat festival, a holiday tradition that supposedly dates back 2,000 years. According to state media, it’s not strictly Chinese any longer.