Gold down 1% below $1,270, silver tumbles to 2014 low,,nvesting.com - Gold and silver prices tumbled to multi-week lows on Thursday, as market players awaited key U.S. data later in the session for further indications on the future course of monetary policy. Gold, silver plunge to multi-week lows
6.24 PM Apr 24th
/USD sliding 0.17% to 1.6794, not far from the peaks of 1.6840 reached last Thursday. The pound slipped after Wednesday’s minutes of the Bank of England’s April meeting showed that the members of the Monetary Policy Committee were “uncertain” about the amount of slack remaining in the economy and also held
6.46 PM Apr 23rd
Sterling eased back from four-and-a-half year highs against the dollar, with GBP/USD slipping 0.12% to 1.6803, not far from the peaks of 1.6840 reached last Thursday. The pound slipped after Wednesday’s minutes of the Bank of England’s April meeting showed that the members of the Monetary Policy
6.45 PM Apr 23rd
expectations, dampening inflation, and consequently leading to an accommodative monetary policy by the RBI in the next 1-2 years. But the flipside to lower wages could well be social unrest. The report sees wages in India going the US way before long, with owners of capital and professionals with the right
3.39 PM Apr 21st
. This gives them even less of a reason to cut lending rates, even if the RBI signals a lower rate regime – which seems unlikely for now. Moreover, in its 1 April monetary policy, the RBI made it tougher for banks to borrow overnight money at the repo rate of 8 percent by limiting overnight repo access to 0
12.19 PM Apr 19th
n the meantime, markets should pay close attention to inflation and unemployment rates, as hiccups can serve as weather vanes when it comes to monetary policy and how long interest rates remain low. "The larger the shortfall of employment or inflation from their respective objectives
2.01 PM Apr 17th
Source:Economic Times - LONDON: Gold prices are likely to keep falling through 2015 after a second annual decline this year as US monetary policy normalises and investors switch to higher-yielding assets, the GFMS team at Thomson Reuters said in a report on Thursday. Physical demand, which hit
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of funding for firms. The Federal Open Market Committee (FOMC) next undertakes monetary policy review at a two-day meeting on 29-30 April 2014. The Federal Reserve on 19 March 2014 decided after the conclusion of a monetary policy review to trim its monthly bond purchases by $10 billion to $55 billion.
6.34 PM Apr 16th
Bank of India (RBI) next undertakes monetary policy review on 3 June 2014. The RBI left its main lending rate viz. the repo rate unchanged at 8% after a monetary policy review on 1 April 2014, as consumer-price inflation eased to a two-year low and as the rupee firmed up against the dollar.
6.32 PM Apr 16th
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