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Below the Quote on Gold Commentary - 27th August 2024 by Mr. Navneet Damani, Group Senior VP - Commodity Research at Motilal Oswal Financial Services Gold prices inched lower, but remained in sight of record highs it hit last week as the prospect of lower U.S. interest rates battered the dollar and presented a brighter outlook for metal markets. Bullion surged to record highs last week, as market participants welcomed dovish comments from the Federal Reserve. Some safe ...
Gold Commentary - 27th August 2024 by Mr. Navneet Damani, Group Senior VP - Commodity Research at Motilal Oswal Financial Services
Below the Quote on Gold Commentary by Mr. Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services Ltd Gold and silver prices continue to trade steady, as on one end, hawkish comments from Fed official are weighing on prices while, on other Geo-political tension is keeping risk premium high. U.S. Treasury yields rose, with the 10-year note coming off its biggest weekly drop of the year in response to inflation data that boosted hopes the Fed would b...
Quote on Gold Commentary by Mr. Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services Ltd
Below the Quote on Daily gold commentary by Mr. Navneet Damani, Senior VP – Commodity Research, Motilal Oswal Financial Services Ltd. Gold prices inched higher, recouping some of last week’s losses as traders remained cautious towards metal markets ahead of a key U.S. inflation reading this week. Meanwhile, Silver was up by more than 4% in the yesterday's session amidst updates from China regarding further support to property sector, surge in indust...
Daily gold commentary by Mr. Navneet Damani, Senior VP - Commodity Research, Motilal Oswal Financial Services Ltd.
Below the Quote on Gold Commentary: 22nd May 2024 by Mr. Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services Gold prices cooled near a record peak hit in the previous session as the dollar held ground, but stayed afloat at the $2,400 level on support from safe-haven interest and prospects of U.S. interest rates easing this year. Safe haven demand for Gold and Silver increased as traders feared some geopolitical instability in the Middle East af...
Gold Commentary: 22nd May 2024 by Mr. Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services
Below the Quote on Daily Gold Commentary by Mr. Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services ‘Gold prices rose above $2,400 to an all-time high in the previous trading session, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets. On the last day of previous week, tensions between Israel and Iran increased with the anticipation of US intervening, supporting an up-move in ...
Daily Gold Commentary by Mr. Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services.
Below the daily gold commentary by Mr. Navneet Damani, Senior VP ? Commodity Research at Motilal Oswal Financial ServicesGold steadied, after declining in the previous eight consecutive sessions, as U.S. bond yields and the dollar stepped back from highs ahead of a keenly awaited non-farm payrolls report this week. Benchmark U.S. 10-year bond yields fell from 16-year highs hovering around 4.7% and the U.S. dollar was 0.1% lower, trading below the 107 mark. A broad selloff in wo...
Gold Commentary : Gold steadied, after declining in the previous eight consecutive sessions Says Mr. Navneet Damani, Motilal Oswal Financial Services
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