Feb 16, 2017 11:58 AM IST
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 91, or 0.31 percent, to Rs 29,234 per 10 grams, in a business turnover of 266 lots.
- Feb 15, 2017 11:29 AM IST
US dollar is strengthening and global growth is also picking up. Does this spell bad news for Indian market. Global analyst Geoff Lewis says emerging markets will have a good year and India will be a favourable destination for investors.
- Feb 15, 2017 11:02 AM IST
At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 62, or 0.24 percent, to Rs 29,063 per 10 grams, in a business turnover of 300 lots.
- Feb 15, 2017 07:56 AM IST
Yellen said delaying rate increases could leave the Fed's policymaking committee behind the curve and eventually lead it to hike rates quickly, which she said could cause a recession.
- Feb 14, 2017 11:00 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month June moved up by Rs 77, or 0.26 percent, to Rs 29,147 per 10 grams in a business turnover of 12 lots.
- Feb 13, 2017 10:38 AM IST
The dollar index was up 0.16 percent to 100.960, with the greenback risng against the yen on relief that Trump set aside his tough campaign rhetoric over security and jobs in a meeting with the Japanese Prime Minister over the weekend.
- Feb 13, 2017 08:21 AM IST
Since he was elected, President Donald Trump has taken the driver's seat for markets, pushing the obsessive focus on the Fed aside, with his promises of big pro-growth fiscal policies impacting market expectations.
- Feb 10, 2017 11:38 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month June fell by Rs 141, or 0.48 percent, to Rs 28,997 per 10 grams, in a business turnover of 36 lots.
- Feb 10, 2017 10:46 AM IST
Spot gold was down 0.4 percent at USD 1,225.42 per ounce by 0326 GMT. On Wednesday, it touched its highest since Nov. 11 at USD 1,244.67.
- Feb 08, 2017 11:18 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month June was trading lower by Rs 56, or 0.19 percent, at Rs 29,340 per 10 grams, in a business turnover of seven lots.
- Feb 07, 2017 12:52 PM IST
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 87 or 0.30 percent to Rs 29,280 per 10 grams in a business turnover of 306 lots.
- Feb 07, 2017 07:52 AM IST
The Fed raised rates for only the second time since the financial crisis in December, and most Fed policymakers agree with Harker that three more rate hikes this year would be appropriate. Wall Street banks and interest-rate futures traders are betting the Fed will only lift borrowing costs twice this year, starting in June.
- Feb 06, 2017 10:54 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month June spurted Rs 115, or 0.40 percetn, to Rs 29,009 per 10 grams, in a business turnover of 14 lots.
- Feb 06, 2017 08:59 AM IST
US job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the administration under President Donald Trump both a head start and a challenge as it seeks to boost the economy.
- Feb 03, 2017 12:21 PM IST
Spot gold edged down 0.3 percent to USD1,212.91 an ounce by 0557 GMT. US gold futures fell 0.4 percent to USD1,214.90.
- Feb 02, 2017 11:58 AM IST
No change in US policy rate means investors can hold on to emerging market assets with the hope of better returns, at least for now.
- Feb 02, 2017 11:38 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month April traded higher by Rs 194, or 0.68 percent, to Rs 28,876 per 10 grams, in a business turnover of 547 lots.
- Feb 02, 2017 10:02 AM IST
Spot gold rose 0.44 percent, to USD 1,214.45 per ounce at 0321 GMT, while US gold futures were up 0.7 percent, to USD 1,216.7.
- Feb 02, 2017 07:50 AM IST
The Fed said in a statement ending its latest policy meeting today that the job market has continued to strengthen, inflation has climbed closer to its 2 percent target and economic activity remains steady.
- Feb 01, 2017 12:26 PM IST
"The uncertainty the Trump government brings has worried the markets. What Trump does is beyond our expectations and people are kind of playing it safe by holding gold positions and waiting to see what happens in other markets," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo.
- Feb 01, 2017 10:46 AM IST
At Multi Commodity Exchange, gold for delivery in far-month April was trading lower by Rs 87, or 0.30 percent, at Rs 28,705 per 10 grams, in a business turnover of 183 lots.
- Feb 01, 2017 08:40 AM IST
The US Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies.
- Feb 01, 2017 08:37 AM IST
Strategists say while the Fed is not expected to raise interest rates, it could talk the talk of a confident-sounding central bank, set on hiking rates three times, as it has forecast for this year. That could be negative for bonds, and interest rates could rise as a result since many expect just two hikes.
- Jan 31, 2017 11:54 AM IST
Trump has promised a largUSe infrastructure spending program, tax cuts, a rollback of regulations and a renegotiation of trade deals but has offered few details or a timeline for their rollout since his victory in the November 8 election.
- Jan 31, 2017 10:03 AM IST
Traders were also awaiting the US Federal Reserve's two-day meeting on monetary policy starting on Tuesday for cues on US interest rate hikes.