Gold prices continued their strong intraday rally on Tuesday, supported by growing expectations that the US Federal Reserve may cut interest rates in the coming months. Weakness in the US dollar further lifted gold demand, helping the yellow metal move closer to the important $4,950 level.
PIA CHAUHAN
CME Hikes Gold & Silver Margins After Record One-Day Price Crash
CME Hikes Gold & Silver Margins: The global commodity market has seen heavy turbulence as CME Group, the world’s largest derivatives exchange, has raised margin requirements for gold and silver futures. This decision came after both metals witnessed their steepest single-day price fall in decades.
Tense Fed Signals Interest Rate Hold, Leads Global Central Banks
(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.
Silver Trading Plan: XAG/USD Hits $108 Target, Next Levels $112–$122 in Focus
Trading Plan for Silver (XAG/USD): What Traders Should Know— Silver prices are showing strong momentum in the international market. As per the latest trend, silver has successfully achieved its first target at $108 per ounce, which is a major milestone for bulls.
IndiGo Q3 Net Profit Falls 78% in December Quarter Despite Strong Passenger Demand
New Delhi: India’s biggest airline, IndiGo, on Thursday reported a 78 per cent slump in December quarter net profit as flight disruptions and implementation of the new labour code took a toll on its earnings.