Gold Price, Sensex, Stock Market
November 03, 2022
13 views 3 mins 0

Gold, Copper Slip as Powell Dashes Fed Pivot Hopes

Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked interest rates by an as-expected 75 basis points (bps), and said that […]

Gold Price, Market, Stock Market
November 02, 2022
14 views 3 mins 0

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]

Gold Price
October 09, 2020
25 views 57 secs 0

Gold Jumps Over Weaker Dollar, Stimulus Hopes Revive

By Administrator_ India Capital Sands Gold futures jumped 1.15% at $1,916.80 by 11:07 PM ET (3:07 AM GMT), climbing above the $1.900-mark. The dollar was down on Friday. Talks between House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin over the measures resumed on Thursday, with President Donald Trump announcing that talks with Congress have resumed […]