• posted by IMV |
  • 05/9/2018

Gold traded higher in domestic market amid upcoming festive demand in domestic market. While in the international market, gold was spotted trading a range due to the existence mixed sentiments in the market. The strong economic data of US is putting a pressure on the prices of gold while giving a boost to the value of Dollar. Since past few days, Dollar has been strengthening against other major currencies, which is a a matter of concern for the...

  • posted by IMV |
  • 31/8/2018

Gold traded higher amid boost in dollar with respect to the data that showed U.S. consumer spending increased in July. Positive data usually makes investors raise bets on a U.S. interest rate hike. Which in turn supported the safe heaven prices. But the gains were capped as soon as soon as the news of resumed operations at AngloGold Ashanti's ANGJ.J Siguiri gold mine in Guinea hit the market. The delayed in North American free trade agreement...

  • posted by IMV |
  • 31/8/2018

Economic Times● NCLT approves merger of Idea-Vodafone● Banks drag Sensex lower, rupee falls beyond 70.80 against US dollar● Paytm Mall to host BigBasket on its app in fight with Flipkart, Amazon● Govt set to give green signal to ₹ 5,000 crore UTI AMC IPO● DoT seeks ₹ 1,626 crore for clearing Airtel-Tikona mergerBusiness Standatd● From GDP growth to black money, costs outweigh benefits of demonetisation● Panel wants flight ticket prices linked to...

  • posted by IMV |
  • 30/8/2018

शेर अगर दो कदम पीछे हटे, इसका मतलब ये नही कि वो डर गयाAbove quote is for Nifty and USDINR as both are slightly lower from the top while Crude oil rallied once again in recent days. Don't judge the market because here a quote follows nicely that TREND IS YOUR BEST FRIEND. Every one is waiting from 10600 mark  'KI MERE KARAN ARJUN AAYENGE' means soon Index will take reversal and will see sharp downside move in the market. So that we...

  • posted by IMV |
  • 30/8/2018

Gold traded sideways amid mixed sentiments in the global market. The delayed in North American free trade agreement (NAFTA) curbed the dollar gains and supported the safe heaven prices. But in the recent development in NAFTA the inclusion of Canada supported the dollar gains again which in turn curbed the gains on gold prices as could be witnessed by limited gains in safe heaven prices today. Also, the recent dramatic ending of US-China trade...

  • posted by IMV |
  • 29/8/2018

Gold traded sideways amid mixed sentiments in the global market. The delayed in North American free trade agreement (NAFTA) curbed the dollar gains and supported the safe heaven prices. But in the recent development in NAFTA the inclusion of Canada supported the dollar gains again which in turn curbed the gains on gold prices as could be witnessed by limited gains in safe heaven prices today. Also, the recent dramatic ending of US-China trade...

  • posted by IMV |
  • 28/8/2018

Gold traded lower higher amid weaker dollar index. The ongoing tiff between U.S president Donald trump and the FED is putting pressure on dollar prices and supporting safe heaven prices at lower levels. The FED wants to increase interest rate in September for cutting down high inflation but U.S president is reluctant to increase interest rate as he thinks that the prosperity in U.S economy will be harmed if interest rate gets increased. Also, the...

  • posted by IMV |
  • 24/8/2018

Gold traded lower higher weaker dollar index. The ongoing tiff between U.S president Donald trump and the FED is putting pressure on dollar prices and supporting safe heaven prices at lower levels. The FED wants to increase interest rate in September for cutting down high inflation but U.S president is reluctant to increase interest rate as he thinks that the prosperity in U.S economy will be harmed if interest rate gets increased. Today the...

  • posted by IMV |
  • 23/8/2018

Gold traded lower amid strengthening dollar index. Yesterday in FED minutes meet the FED clearly showed consent on the decision on increasing interest rate in U.S which in turn supported the dollar and had a pressure on safe heaven prices. As per the SPDR data the gold holding of SPDR decreased by 3.54 tonnes and noticed at 768.70 tonnes which shows a weak fundamental for gold prices. Also, the better U.S economy prosperity is extending dollar...

  • posted by IMV |
  • 21/8/2018

Gold traded higher amid weakness in dollar index. After U.S president Donald trump criticized FED for crossing red lines and decided to increase interest rate in the glomming economy. As per the U.S president the rising interest rate when economy is in boost will slow down the economy and will harm U.S people. The statement jolted the market participants expectation from U.S dollar and boosted the safe heaven demand again for the investment which...