COMMODITY STATUS TODAY

Gold prices rise on Tuesday due to emerging tensions between US and China that let investors to look more into safe haven investments. The precious metal rose nearly to one month high. Good demand from jewelers also boosts the prices for gold. Silver also gained today with sound demand from coin makers and industrial units.…

Read More

TARIFF WAR BETWEEN U.S.A AND CHINA IS GETTING WORSE

After months long tensions between U.S.A and China, There is still no good sign in the market that both countries will negotiate and release their final decision. Now China, said that it would also impose higher tariffs on some of US goods even after President Donald Trump’s warning. China’s finance Ministry told to media, that…

Read More

LIVE UPDATES OF U.S. – CHINA TRADE NEGOTIATION MEETING

U.S. and Chinese trade talks are among the most prodigious topics in current markets. The results can put a serious affect on global economies.  Officials from both countries concluded the first two days of talks on Thursday in a 90 minutes meeting. This meeting is to be continued on Friday. Officials from both countries are…

Read More

STOCK PRICES FALL AGAIN, GOLD GAINS MORE MOMENTUM

STOCK PRICES FALL AGAIN, GOLD GAINS MORE MOMENTUM

On Wednesday, most of the equity prices fell as a strong indication of investor’s diffidence towards the riskier assets. For many investors, this might trigger unpleasant memories of last year. People might want to keep in mind that the end of this month, equities will priced much higher and become vulnerable of any bad news.…

Read More

GLOBAL OIL SUPPLY DISRUPTED AFTER US SANCTIONS

GLOBAL OIL SUPPLY DISRUPTED AFTER US SANCTIONS

Oil prices rose Wednesday after crude imports to China rose to record high on May 8. After the US sanctions against crude exporters Iran and Venezuela, the market is experiencing a tightened supply resulting is higher prices. The global oil market is expected to remain tight. The United States firstly imposed sanctions on Iran in…

Read More

GOLD GAINED TODAY WITH POSITIVE GLOBAL TRENDS

GOLD GAINED TODAY WITH POSITIVE GLOBAL TRENDS

Gold prices rose on Monday as an early signs of good global trade and decent demand from jewelers in the spot market. US President Donald Trump said on Sunday that he is going to increase tariffs on worth billion of goods from 10% to 25%. This increased more downturn in global equity market and helped…

Read More

SUGAR PRODUCTION REACHED TO HIGH LEVELS, OIL ROSE BY 2% TODAY

SUGAR PRODUCTION REACHED TO HIGH LEVELS, OIL ROSE BY 2% TODAY

In India, various commodities showed a rise today including oil and sugar. According to the data released by Indian Sugar Mills Association (ISMA), India’s sugar production reached 32.11 million tons in 7 months from October 2018. The total production can touch to 33 million tons in next two weeks. The domestic requirement of India is…

Read More

FED IS NOT LIKELY TO RAISE INTEREST RATES, FINAL POLICY STATEMENT IS YET TO COME

Wednesday: The US Federal Reserve is expected not to change the borrowing costs. According to them, it will maintain an enduring monetary policy and enhance strong economic growth of the country.

Read More

US GDP SHOWED A SURPRISING GROWTH: LIKELY TO AFFECT INDIAN ECONOMY

US GDP is the strangest ever recorded this year

Read More

GOLD AND SILVER PRICES FELL DUE TO WEAK DEMAND

Gold and Silver prices fell on Tuesday along with stock S&P BSC Sensex and Nifty 50 in the stock market

Read More