Forex Reserves India: The country’s foreign exchange reserves declined by $2.713 billion to $637.687 billion in the week to November 26, RBI data showed.
Neal Bhai
Live Gold Silver Analysis For Today By Neal Bhai [03-12-2021]
Gold struggles to capitalize on weak NFP data, holds near $1,770
Live Gold Silver Analysis: Gold spiked to a daily high near $1,780 with the initial market reaction to the disappointing Nonfarm Payrolls data from the US but seems to be having a difficult time preserving its bullish momentum with the 10-year US T-bond yield staying resilient.
12 Best Stock Market News For Today By Neal Bhai [03-12-2021]
12 Best Stock Market News: Asian stocks were mixed Friday as traders evaluated risks from the omicron virus strain, while Treasury yields pared a climb spurred by Federal Reserve comments about a quicker reduction in stimulus.
Gold Price: Bears waiting to move in if solid NFP outcome
The gold price has remained firm despite the bearish bias from a technical perspective, as illustrated below where the $1,750s were marked out as a target for the closing sessions of the week.
11 Best Stock Market News By Neal Bhai
11 Best Stock Market News: India’s stock benchmarks rose, aided by gains in healthcare, energy and consumer durables stocks, amidst weak global cues after the first confirmed case of omicron covid-19 strain and Federal Reserve chair’s reiteration of the need of faster tapering of stimulus sapped sentiment.