Dollar largest weekly rise: The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
financial markets
Gold ETFs Get Attractive: June Reading Shows Highest Inflow In Five Months
Hey there! I’ve been keeping an eye on the gold market lately, and something exciting caught my attention. In June, Gold Exchange-Traded Funds (ETFs) in India saw their biggest cash inflow in five months—pretty impressive, right? Even with gold prices being super high, people are jumping back into these funds. Let’s break it down in simple terms.
MCX Shares Hit Record High with SEBI’s Green Light for Electricity Derivatives
MCX shares jumped 7% to an all-time high after SEBI approved electricity derivatives. Learn how this move helps manage power price risks and boosts market efficiency.
MCX Gold Low 47606, Silver Low 47900, Intraday Call All Target Hit – Neal Bhai Reports
MCX Gold Low 47606, Silver Low 47900, Intraday Call All Target Hit – Neal Bhai Reports
Initial jobless claims are declining painfully slowly. The disconnect between the choppy recovery and financial markets creates upward risk for gold.