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Monday,
06-May-2024
08:18 (IST)
Gold prices eased in early Asian hours on Monday as the US dollar ticked up, while traders awaited comments from a series of Federal Reserve officials for more cues on US interest rate cut timeline. Spot gold was down 0.3 per cent at US$2,294.97 per ounce, as at 0040 GMT. US gold futures slipped 0.3 per cent to US$2,301.00 per ounce. The US dollar index firmed 0.1 per cent, making bullion less attractive to buyers holding other currencies. Data on Friday showed that US job growth slowed more than expected in April, reinforcing expectations that the Fed will start cutting interest rates later t...
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Monday,
06-May-2024
08:14 (IST)
Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could st...
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Friday,
03-May-2024
08:11 (IST)
Gold prices were set for a second consecutive weekly fall, even as bullion traded almost flat on Friday as investors refrained from taking big positions ahead of US non-farm payrolls data that could o...
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Friday,
03-May-2024
08:10 (IST)
Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic uncertainty and limited crude supp...
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Thursday,
02-May-2024
08:27 (IST)
Oil prices rose on Thursday on the prospect the U.S. may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an Israel-Gaza ceasefire, doubts about U.S. in...
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Thursday,
02-May-2024
08:23 (IST)
Gold prices edged higher on Thursday after the US Federal Reserve kept its key interest rate steady, as expected, and indicated that it is still leaning towards eventual rate cuts. Spot gold was up 0....
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Tuesday,
30-Apr-2024
08:29 (IST)
Oil edged down in early trade on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded conflict in the Middle East, while worries about the outlook for U.S. inte...
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Tuesday,
30-Apr-2024
08:27 (IST)
Gold prices were steady on Tuesday and set for a third straight monthly gain, as market participants awaited the US Federal Reserve policy decision and non-farm payrolls data due later this week for i...
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Monday,
29-Apr-2024
08:05 (IST)
Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts...
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Friday,
26-Apr-2024
09:20 (IST)
The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its readiness to hike borrowi...
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