Gold Price Consolidating Below $1,960 Ahead of Breakout
The gold price moves sideways in the short term, trying to attract more buyers before jumping higher. The metal is at $1,959 while writing.
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The gold price moves sideways in the short term, trying to attract more buyers before jumping higher. The metal is at $1,959 while writing.
A report released by the Labor Department on Friday showed a modest decrease in U.S. import prices in the month of June..
This week, investors would be majorly looking for Q1 earnings from the industry’s big-wigs such as HCL Technologies, TCS, Wipro, Tata Metaliks, Avenue Supermarts, Tata Steel Long Products, Federal Bank, etc.
New IMF analysis has driven a fresh round of claims that “corporate greed” is now the main driver of inflation. This doesn’t stack up either as a piece of economic theory, or as a good explanation of what is happening in practice.
Factors Driving Inflation:Recently, there has been an increasing consensus in Europe and US that Greedflation is driving the rising cost of living rather than just inflation, but what is this phenomenon