Gold: Gold prices fell 2% in the recent week, extending the loss from the previous week. The yellow metal’s ongoing weakening has sent prices below the $2000 level, with prices trading near 6-week lows. This week, the overhang of headwinds got the better of gold. Optimism in the debt ceiling talks bolstered the dollar, sending the …
NSE USD INR (Technical): NSE USDINR May as seen in the weekly chart above has opened the week gap up at 82.0975 levels. At mid of the week price rallied sharply and made weekly high of 82.1375 levels. Later on, price could not able to sustain on higher levels, it has rallied corrected and made …
USDINR: In the holiday shortened last week, the Indian Rupee traded in a range bound manner to positive bias owing to controlled volatility due to low trading volumes. Also, the Asian markets traded in green which further helped the local unit. There was a brief fall in DXY and US stocks in the wake of …
Gold: Just as gold had ended the previous week on a flat note, bullion prices soared almost 2 percent after the end of the current week. Fresh concerns about banking sector contagion in the US before the Federal Reserve’s much-anticipated interest rate hike fuelled the rise in the price of the yellow metal. Download Report
USDINR: Last week, the Indian Rupee appreciated by almost 0.31 percent on account of bunched up dollar inflows into the system. Also, positive trend in Asian currencies further acted as a support for the local unit after U.S. equities jumped overnight to post their best session in months. Download Report
Gold: Gold remained stable during the week, swinging between the US Fed’s rate hike fears and the uncertainties surrounding the US banking crisis. Bullion prices started the week on an upbeat note, rising half a percent thanks to a weaker dollar. Prices have remained steady near the $2000 mark. Download Report
NSE USD INR: NSE USDINR May as seen in the weekly chart above has opened the week gap up at 82.2925 levels. Starting of the week price corrected sharply and made weekly low of 82.0425 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly high …
Gold: The weakness in gold prices was extended to yet another week, as sport gold slipped nearly 1 percent. The week began on a negative note, with the yellow metal falling below the $2000 level. Following the release of favorable economic data from the United States, prices fell to their lowest level in more than two …
USDINR: Last week, the Indian Rupee initially weakened due to the cash and hedging dollar demand and higher US Dollar Index and yields. Other Asian currencies like the Chinese yuan and the Korean won have also weakened impacted by the yields. Download Report
NSE USD INR: NSE USDINR Apr as seen in the weekly chart above has opened the week gap down at 81.95 levels. Same day of the week price corrected and made weekly low of 81.85 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly high …
