Gold and silver prices dipped slightly on Thursday after strong US economic data strengthened the dollar. A stronger dollar makes commodities priced in the greenback more expensive for overseas buyers, thereby weakening demand ... ....
Concerns over potential supply disruptions, stemming from escalating tensions between the US and Iran and the risk of attacks on Tehran or shipping, caused oil prices to tick up on Thursday morning ...Strong fundamentals overshadow negative points ... ....
Gold and silver prices increased on Wednesday as US Treasury bond yields dropped after the release of data showing that retail sales growth had stalled in December ...Precious metals like gold tend to be supported by lower US yields ... Economic data ... ....
India’s top jewellery maker, Titan Co., is reporting that customers are becoming cautious, with record-high gold prices dampening demand in the world’s second-largest bullion market ... ....
At the moment, the oil market is riddled with different scenarios, which keep investors on their toes. The prospect of India completely stopping Russian oil imports may lead to market tensions and supply mismatch, according to experts ...Source ... ....
Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment ...The dollar’s decline drove base metals higher on Wednesday ... ....
Sarkar’s son Sujan Sarkar said that the family had no known enmity with anyone and alleged that the attackers also robbed the shop after killing his father.
Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that the market lacked strong follow-through selling, and demand from central banks has created a floor for the prices ... ....
At current levels, gold reflects both fear-driven flows and structural repricing with a move towards $6,000 looks realistic in the near future, says B2PRIME Group’s Eugenia Mykuliak ...Major forecasts align with this optimism. institutions like J.P ... ....
Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data ... Meanwhile, oil prices gained due to fears of supply disruptions amid ongoing tensions between the US and Iran.
Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment ...Last month, China’s gold reserves expanded by 40,000 ounces, reaching a total of 74.19 million ... Source ... ....
Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around $82 per ounce ...Gold rebounds above $5,000 ... Oil reverses early losses ... ....