Mutual Fund or Bank deposit ?
NEW DELHI: Gold prices edged up mildly on Monday, rebounding from recent lows, even as the US dollar continued to trade firm. The dollar started the week just off a 20-year high against peers, as investors sought safety due to fears about global growth, and continued to make rival safe-haven
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The current financial market environment is one where market players are shunning riskier assets and moving to the safety of cash. Increasing nervousness about economic growth, inflation concerns, geopolitical issues, and the rising interest rates has caused the switch. The US dollar has emerged as the clear winner in this flight
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NEW DELHI: India MCX June futures fell marginally on Friday tracking weakness in gold spot prices which remained under pressure amid a strong dollar. The dollar steadied near a fresh 20-year high scaled on Thursday on concerns of aggressive US Federal Reserve's actions to tame inflationary pressures, said a Reuters
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Gold prices on Friday were held near a three-month low as the strongest dollar in two decades continued to sap demand for greenback-priced bullion, setting up what could be the metal's fourth consecutive weekly fall. FUNDAMENTALS * Spot gold was down 0.1% at $1,820.54 per ounce, as of 0054 GMT,
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NEW DELHI: Gold prices gained mildly on Thursday as the yellow metal cheered the fall in US treasury yields after US consumer price data suggested inflation might have peaked in April. A weaker dollar makes gold attractive for overseas buyers, while lower Treasury yields reduce the opportunity cost of
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NEW DELHI: Gold prices eased further on Wednesday amid a rise in the dollar while investors also awaited the US inflation data. The dollar hovered near recent 20-year highs, making greenback-priced bullion less attractive for other currency holders. Market participants will be keeping a close eye on US consumer price
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NEW DELHI: Gold prices were trading flat with a positive bias on Tuesday, tracking a fall in the US treasury yields. However, a strong US dollar capped gains for the yellow metal. Benchmark 10-year US Treasury yields extended their decline on Tuesday after pulling back from the highest level in
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New Delhi: Gold prices have been on a downtrend as rising interest rates are pushing the bond yields higher, diminishing the appeal of the yellow metal. After hitting a peak of Rs 53,600 on April 18, the yellow metal has dropped about Rs 2,000 per 10 grams in the domestic
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Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned prices ahead of an impending European Union embargo on Russian oil. This week, we saw crude oil prices jump by almost around 10% from Monday’s low in
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It was a week that belonged to central banks and amid increased volatility in financial markets, the US dollar emerged as the clear winner. Continuing investor flow towards the US dollar pressurized not just gold but commodities at large. The US dollar index slumped immediately post the US Fed decision but
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