Continued rising commodity prices will have a major impact on the Indian economy which is still struggling to emerge from the impact of Covid-19, says the Ind-Ra rating agency. According to Ind-Ra, high inflation that is not commensurate with the corresponding increase in wage growth will have a negative impact on demand for consumption and …
Increasing commodity prices are affecting the Indian economy Read More »
Silver prices fell below Rs 69,500 per kg on 16 July following weak economic data from China and a decline in gold trends. Precious metal gained 0.50 percent yesterday in COMEX. The white metal came from previous gains and became red to trade during the lower part of the day after the start of the …
Silver prices fall below Rs 69,500 / kg on weak economic data, the volatile dollar Read More »
Gold and other commodities were able to ride the reflation trade very high last week, resulting in prices trading well above $ 1800 per troy ounce per 10 week high. Our frequent crunch in the market seems to be revisiting an unprecedented week in terms of market news and major results, ahead of the April …
Gold demand raised due to Akshaya Tritiya : Navneet Damani of Motilal Oswal Read More »
Gold prices rose 2.19 per cent during the week to pay Rs 47,760 per 10 grams for safe purchases between growing coronavirus cases and details of weak US operations, but the set side was bound by a strong rupee. The weakness of the dollar and the declining yield helped revive some bullion purchases after last …
Prices for gold fell on the fourth straight day by Rs 42 to Rs 47,017 per 10 grams in the Mumbai grocery market in silenced global trends. Investors were cautious ahead of US August Inflation data to be released later in the day that could give clues to the Federal Reserve’s decision to lower its …
