The relationship between the US dollar and gold is often characterized by an inverse correlation. When the US dollar weakens, gold prices tend to rise and vice versa. Earlier, gold prices in the international markets were primarily driven by real interest rates. Robust US economic release boosted bets of higher-for-longer rates which ended up lifting the US currency and bond yields.
High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey
A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.