Gold might trade with a bearish bias next week as short-term macro headwinds persist

July 30, 2023

Gold prices started the week negatively as mixed US data and weak European economic data increased the strength of the greenback. Although the dollar index started to ease on Tuesday, it recovered during the first half of the week due to positive Chinese sentiment and an upcoming FOMC meeting.

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Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead

Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend

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Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?

Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII

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