By Administrator_ India Capital Sands Petrol price on Tuesday neared the Rs 91 per litre mark in the national capital and diesel crossed Rs 81 a litre, as fuel prices were hiked again after a two-day pause. Petrol and diesel prices were raised by 35 paise per litre each, sending retail rates to an all-time high, according to a […]
By Administrator_ India Capital Sands Oil was up Monday morning in Asia, with supply cuts by key producers and hopes for further U.S. stimulus measures giving the black liquid a boost. Brent oil futures gained 0.54% to $59.88 by 10:51 PM ET (3:51 AM GMT), and is close to topping the $60 mark for the first time since […]
By Administrator_ India Capital Sands Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus. Spot gold eased 0.1% to $1,916.77 per ounce by 0250 GMT, after declining more than 1.5% in the previous session. U.S. gold futures climbed […]
By Administration_ India Capital Sands Gold was up on Monday morning in Asia, boosted by the news that U.S. President Donald Trump signed a long-awaited COVID-19 relief bill into law. Gold futures were up 0.84% at $1,899.05 by 11:23 PM ET (4:23 AM GMT), after jumping 1% earlier. The dollar was down on Monday, also giving […]
By Administrator _ India Capital Sands Gold’s been trading in a narrow range so far in October amid uncertainty surrounding the prospects of a stimulus deal being passed before the Nov. 3 presidential election. The International Monetary Fund has said that more public spending will be needed to complete the economic recovery from coronavirus. Spot […]
By Administrator_India Capital Sands Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation. Chair Jerome Powell said that the Fed will seek inflation that averages 2% over time, a step that implies allowing […]
By Administrator_India Capital Sands Oil clung onto its third week of gains, despite a retreat since mid-week on gloomy economic signals in the U.S. and a cautious tone from the Federal Reserve and OPEC+ producers. Futures in New York were little changed, after falling 0.7% on Thursday. Applications for U.S. unemployment benefits unexpectedly increased […]
By Administrator_India Capital Sands The dollar struggled to recoup heavy overnight losses on Wednesday after it slipped to 27-month low the previous session as uncertainties about an economic recovery and the U.S. fiscal stimulus package weighed. The dollar hit fresh lows against most major currencies overnight as the ongoing effects of the Federal Reserve’s […]
By Administrator_India Capital Sands Gold was up on Monday morning in Asia over signs of a slow economic recovery. Gold futures inched up by 0.04% to $1,950.60. U.S. retail sales data released last Friday recorded a lower-than-expected growth of 1.2% month-on-month, compared to the 1.9% expected in forecasts prepared by Investing.com. Japan’s GDP data released earlier […]
By Administrator_India Capital Sands Gold fell sharply on Wednesday morning in Asia, continuing losses from the previous sessions in North America and Europe. Gold futures slid 2.52% to $1,897.20. The pullback was not altogether unexpected, with analysts expecting a correction after the per-ounce price of the yellow metal topped $2,000 dollars. The turnaround came […]
