Gold’s appeal as haven rises in a tumultuous week as US economic concerns weigh on Street
Spot gold closed with a loss of 0.23% at $2440 on Friday. However, the metal was up 2.30% on the week, a data and event packed week, as the US …
us yields
Gold tumbles on solid US nonfarm payroll report, China slowing down gold buying
Buoyed by rate cut expectations after the Bank of Canada and the European Central Bank (ECB) cut rates earlier this week, spot gold rose to $2,387 on Friday, the highest …
gold prices: Gold records its worst weekly fall this year on hawkish Fed minutes
Gold recorded its worst weekly slump this year in the week ending May 24 on hawkish FOMC minutes and robust US PMIs. Now, markets largely look for just one rate …
Gold ends its five week winning streak as inflation concerns resurface
Spot gold closed with a gain of 0.27% at $2338 Friday. However, the metal posted its first weekly decline in six on inflation concerns as the US inflation data remained …
Government bonds face FPI selloff as US yields harden
Mumbai: Sustained buying by overseas funds in the fully accessible category of Indian government bonds has met with a sudden trend reversal after persistently firm American economic data reduced visibility …
FPI: Risk-off sentiment, US yields fuel selloff in FPI-heavy stocks
Mumbai: Shares of companies with higher foreign ownership have slumped of late as renewed outflows from overseas investors have put the spotlight on these stocks. With the deadline for foreign …
SBI: SBI raises dollar bond issue size to $1 billion amid fall in US yields
Mumbai: State Bank of India has increased the size of its dollar bond issue to $1 billion from $750 million and is aiming to raise the funds in the first …
Eroding geopolitical risk premium not in favour of gold’s appeal
Dismal US monthly job report and ISM services data Friday sank the US yields and consequently, the US Dollar index, which propelled the gold prices above $2000. However, reduced geopolitical …
markets: Indices rebound on global cues, drop in US yields
Mumbai: Indian equities rebounded on Tuesday, tracking the gains in global markets, as investors shrugged off uncertainty over the Israel-Hamas conflict. The decline in US bond yields also eased nervous …
US yields: US yields must stabilise to make FIIs net buyers
Mumbai: The last time US 10-year notes traded at yields as they do now, Orkut was the only social networking platform for the privileged few in India with a stable …