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Dollar firms ahead of US inflation data, yen keeps traders on alert

TOKYO/LONDON :The dollar edged higher on Wednesday ahead of a key inflation report later in the day, while the yen remained near multi-decade lows, keeping traders on alert for signs Japanese authorities could intervene to prop up the currency.The main market focus on Wednesday is U.S. consumer price inflatio
New Zealand Ulrich Leuchtmann Kazuo Ueda Federal Reserve Commodity Research At Commerzbank European Central Bank

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Gold to remain in spotlight as many countries go to polls this year

From the beginning of 2024, gold has been on a strong footing having risen by 6 per cent as against the broader equity market says Naveen KR, smallcase Manager & Senior Director, Windmill Capital.The slew of elections lined up in this ...
New Delhi Navneet Damani Commodity Research At Motilal Oswal Financial Services Senior Director Commodity Research Motilal Oswal Financial Services

Gold hits all time high

Gold prices surged by Rs 850 to reach a new peak of Rs 70,050 per 10 grams on Thursday on strong global cues, according to HDFC Securities. This is the second straight session that precious metal prices have hit all-time high levels. In the previous trade, the precious metal had settled at Rs
United Kingdom Jerome Powell Saumil Gandhi Navneet Damani Praveen Singh Commodity Research At Motilal Oswal Financial Services

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