Gold remains within its range of $1,525 to $1,600 an ounce from the last three weeks, although it is heading for its biggest loss for the month of May in 30 years.“The yellow metal has ended the month of May with around a 6% loss. Its fourth consecutive monthly loss and worst May performance since […]
Gold and Silver in minus zone, may topple further. Gold prices traded listless, as a weaker Euro capped the upside. Political uncertainty in France and Greece is exerting lower pressure on the complete commodity complex. Copper futures fell at MCX in the last week as weak Chinese export and import data signaled a bearish demand […]
Losing streak continue on the d-street, last week Nifty 50 spot index closed below psychological level of 5000. It made a low of 4836.70 which confirmed negative biasness.A combination of various factor such as rising macro challenges , policy paralysis , uncertainty related to foreign taxation(GAAR), monsoon expectation, the Spain debt crisis and muted threat […]
Indian equities were volatile in this week because of F&O expiry and finally markets lost the ground and closed negative @ 5190.60 down by 1.9% as compared to previous week. This week markets opened on a lower note and the down trend continued during the whole week. Nifty 50 Spot index took support at 5154.30 […]
Gold, Copper and Energy prices rallied on Friday, sending commodities broadly higher, after data showing softer U.S. economic growth in the first quarter raised the prospect of more stimulus from the Federal Reserve. The weaker-than-expected data on U.S. gross domestic product pushed the dollar down despite pressure on the euro from a downgrade of Spain’s […]
