Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices in India were trading flat on Friday, even as yellow metal inched higher in global markets. On Multi Commodity Exchange, gold October futures were trading flat at Rs 50,110 per 10 gram, against the previous close of Rs 50,070. Silver September futures were ruling at Rs 52,519 per kg. Globally, yellow metal prices edged up but were headed for a third straight weekly drop, as data pointing at a resilient U.S. economy bolstered the likelihood of the Federal Reserve keeping interest rates higher for longer and pinned the dollar …
Tag
Showing: 2 RESULTS
龙华休闲会所一条龙AU
Asian stocks fall on hawkish US Fed outlook; oil trims drop, dollar gauge steady
Stocks in Asia fell Wednesday on the prospect of continued aggressive Federal Reserve monetary tightening and as traders assessed a possible uptick in tension between China and Taiwan. Equities slid in Japan, Australia and South Korea. Futures shed more than 2% for Hong Kong, possibly reflecting the risk of mounting friction between Beijing and Taipei after Taiwanese soldiers fired shots to ward off civilian drones. US-listed Chinese equities fell Tuesday amid those developments. Contracts for the S&P 500 and tech-heavy Nasdaq 100 fluctuated after Wall Street shares hit a one-month low. Robust US labor demand and consumer confidence data added …