about 4 months ago Commodities Author: Tarun Satsangi Trends in Global Commodities Gold prices traded higher yesterday on the weak dollar but in late trading session erased gains as a new coronavirus stimulus deal between the White House and Congress remained elusive. Prices are capped in 1877-1939 tradi... Read More
about 5 months ago Commodities Author: Tarun Satsangi Rising Coronavirus cases poising a threat for smooth recovery in the oil demand. ??????? Oil prices slipped last week on demand concern stoked by a surge in the COVID infections in Europe and firm dollar but turned lackluster in the latter half of the last week. Global energy demand concerns are negative for cru... Read More
about 5 months ago Commodities Author: Tarun Satsangi Trends in Global Commodities Bullion... Gold, which has proved to be one of the finest asset classes in this pandemic year and rose to a lifetime high of $2089.2/ounce in August 2020, plummeted to a 9-week low of $1851 an ounce before settling the week at ... Read More
about 5 months ago Commodities Author: Tarun Satsangi Gold lost on Strong U.S. Dollar Gold, which has proved to be one of the finest asset classes in this pandemic year and rose to a lifetime high of $2089.2/ounce in August 2020, plummeted to a 9-week low of $1851 an ounce before settling the week at $1866.2/oz, wi... Read More
about 5 months ago Commodities Author: Tarun Satsangi U.S. FED decided to keep the federal funds rate unchanged at 0 to 1/4 percent U.S. FED decided to keep the federal funds rate unchanged at 0 to 1/4 percent and expects that it will be appropriate to maintain this target range until labor market conditions will reach the levels consistent with their assessme... Read More
about 6 months ago Commodities Author: Tarun Satsangi Gold lost 5.3% last week, what’s next Gold prices posted first weekly negative close in a 9-week, hit a weekly low of $1874.2 before ending the week with a loss of about $110(5.3%) from a weekly high of 2060,8 at $1949.8 an ounce. Silver too fell catastrophically, ... Read More