NEW DELHI: Gold and silver prices continued their decline on Thursday, following the trend in the international market, as US lawmakers prepared to come out with a massive stimulus plan while the dollar continued to gain strength. As much as $380 billion from the US Congress’ last big coronavirus aid package is unused and could … Read more
NEW DELHI: Gold and silver prices slid further on Wednesday, bucking the trend in the international market, as US Fed officials indicated the rates could be raised earlier than outlined before. Chicago Fed President Charles Evans said the central bank still needed to discuss its new average inflation target but that it “could start raising … Read more
NEW DELHI: Gold and silver prices slipped in Friday’s trade as profit booking ensued after the ECB outlined its monetary policy while Repubpican attempt to pass an aid bill was stalled in the US Senate. Investors now await British GDP data and US inflation numbers due later in the day for further clarity on the … Read more
NEW DELHI: Gold and silver saw profit booking after a sharp rise in the previous sessions amid rising worries over the fast rising Covid-19 crisis that is still creating disruptions in people’s lives. India has reported 27.7 lakh virus cases by now with over 53,000 deaths. Meanwhile, investors are also looking forward to minutes of … Read more
NEW DELHI: Gold and silver rose in Tuesday’s early session as tensions between US and China escalated and amid projections that India’s economy could contract 16.5 per cent in the first quarter of the current fiscal. US President Donald Trump on Monday promised tax credits for firms who relocate manufacturing facilities to the United States … Read more
NEW DELHI: Gold and silver climbed higher in early trade on Tuesday as traders rushed to safe haven assets amid worries over rising Covid-19 cases across the world. The total Covid-19 patient count in India topped 11.5 lakh, the third highest in the world, with over 28,000 deaths. To check the spread, many states have … Read more
NEW DELHI: Silver gained while gold was trading close to the flatline as cautious traders waited for clear signals before taking a bet as equities are racing ahead on hopes of swift recovery in economic conditions but rising Covid cases are still a worry. India has reported 7.9 lakh cases of Covid-19 till now, the … Read more