by admin | May 16, 2024 | Commodity News
.– Gold prices steadied in Asian trade on Thursday after clocking strong overnight gains as some soft inflation data pulled the dollar to one-month lows and pushed up expectations of interest rate cuts. The yellow metal was now back in sight of record highs hit...
by admin | May 16, 2024 | Commodity News
Since the start of the year, gold has risen 12.8% in US dollar terms, outperforming the by 2.8%, the by 4.3%, and long-dated US Treasuries by 20.4%. In a recent note, a financial research firm outlined four ways investors can gain exposure to rising gold prices.Gold...
by admin | May 16, 2024 | Commodity News
(.) – A barge crashed into a bridge on the Texas coast on Wednesday, forcing the closure of the only roadway to a small island off the city of Galveston, city officials said. No injuries were reported and the Pelican Island Bridge remained standing after the...
by admin | May 16, 2024 | Gold News
Gold rate today: After climbing to record highs on Thursday, gold and silver prices came under sell-off pressure as the US dollar bounced back in early morning deals on Friday. The MCX gold rate for June 2024 expiry opened lower at ₹69,297 per 10 gm, which is around...
by admin | May 16, 2024 | Commodity News
. – The record recovery of is boosted by Central Banks, which are increasing their exposure by moving out of positions in US Treasury securities. This was pointed out in a note to the market yesterday by the Swiss group Julius Baer, which projects that, nonetheless,...