BUSINESS
Choppy equity markets, US dollar likely to keep gold prices volatile: Kotak Securities
we may see buying interest emerging at lower levels as concerns about health of US economy may keep US dollar pressurized
BUSINESS
Gold rallies on weak dollar, prefer buy on dips: Kotak Securities
Rising virus cases in Europe and persisting worries that Brexit transition period may end without a deal has also kept a floor to the US dollar. While gold benefitted from weaker US dollar, improved risk sentiment reduced its safe haven appeal.
BUSINESS
Commodities rally in Q3 but uncertainty lies ahead: Ravindra Rao
Overall, financial markets have entered the last quarter on an unsteady footing and unless we get more clarity on major issues, volatility is likely to continue.
BUSINESS
Weakness in US dollar may continue to support gold, silver to remain choppy: Kotak Securities
Gold has retreated after testing the USD 1900/oz level and while choppy trade is likely the general weakness in US dollar may continue to support gold prices.
BUSINESS
US stimulus plan, EU-UK Brexit negotiations likely to keep gold prices choppy: Kotak Securities
While overall trend looks positive we may see choppiness as there are many uncertain factors like US stimulus plan, EU-UK Brexit negotiations and economic readings from major economies.
BUSINESS
US crude inventory, OPEC’s production policy, stability in equities likely to support oil prices: Kotak Securities
Crude has been trading in a narrow range near USD 40/bbl for last few sessions and this trend may continue due to mixed weather factors
BUSINESS
Investors shun commodities in favour of US dollar over renewed virus worries
Currently, the US is seen to be doing better than Europe and market players are moving out from the euro to the dollar.
BUSINESS
Gold likely to witness buying at lower levels amid concerns in US economy: Kotak Securities
We expect choppy trade but buying might emerge at lower levels as upside in US dollar may be restricted on concerns about health of US economy.
BUSINESS
Gold likely to remain choppy, OPEC’s production policy to support oil prices: Kotak Securities
Gold may witness choppy trade along with other commodities as clarity is in needed on possible lockdowns in European countries and the fraudulent banking transaction report.
BUSINESS
Central banks disappoint, directionless trade in commodities
Global economic activity is picking up and unless there are clear signs of recovery stumbling, central banks may choose to hold their ground.
BUSINESS
Gold prices likely to remain sideways ahead of US Fed meet: Kotak Securities
Gold may remain sideways ahead of Fed decision today however the general bias may be on the upside amid expectations of Fed’s dovish stance.
BUSINESS
Gold likely to remain choppy amid challenging global economy: Kotak Securities
Gold may remain choppy amid lack of clear cues however general bias may be on the upside owing to increasing challenges to global economy and hopes of dovish stance of major central banks.
BUSINESS
Gold likely to remain choppy amid uncertainty in equity markets: Kotak Securities
The general bias in gold may be on the upside the dollar could remain under pressure ahead of the Fed meeting later this week.
BUSINESS
Gold may remain choppy, but buying may emerge at lower levels: Kotak Securities
Gold may remain choppy but buying may emerge at lower levels amid increasing global uncertainty and also as Fed’s dovish stance may limit upside in US dollar.
BUSINESS
Oil breaks below $40/bbl on demand concerns, improving supply
Fed's dovish stance may also limit any major upside in the US dollar.
BUSINESS
Gold may witness choppy trade, expect buying at lower levels: Kotak Securities
After weeks of consolidation, crude oil has come under pressure amid signs of correction in US equity market and gains in US dollar index.
