coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC.
In the first quarter, sovereign funds had reduced their exposure to equities to the lowest level since at least 2014.
If it sustains above Rs 51,330 per kilogram then it will extend the gains towards Rs 52,100-53,000 per kilogram in the coming days.
Iraq is OPEC's second-biggest crude producer and more than 90 per cent of the state budget, which reached $112 billion in 2019, is derived from oil revenues.
What’s intriguing for the silver chart is the “rare of rarest price pattern.”
Although international markets and Indian gold prices move in tandem, the rupee depreciation of around 6 per cent boosted the returns of gold back home.
The general expectation is that the rise in inflation has been due to supply shocks while demand
Sun Pharma, Lupin have underperformed vis-à-vis the other pharma stocks and there could be some m
The comfortable, if small, returns of high-yield savings accounts are looking less palatable as
Nomura's July sales projections showed only 5 per cent year-on-year drop in personal vehicle volu
The last Indian Samurai loan to close was a deal by hydro-power developer NHPC Ltd. in January.
The report said that reported share of moratorium loans dropped across private banks to 10-25% as
Prices of the yellow metal have crossed Rs 52,000 per 10 gm mark, up more than 30% since January,
The stock market recovery to near pre-Covid levels comes despite no improvements in the economic
As per government data, retail inflation had increased to 6.09 per cent in June, mainly on accoun
What’s happens next could hinge on the epidemic in the US.
Last year, India imported 1,31,000 tonnes of almonds valued at $666 million
Markets saw a steep sell-off after getting confirmation that Opec+ would extend current cuts.
There is a rebalancing of supply and demand in the offing, but consumption hasn’t picked as hoped.
The rally in crude prices is a clear signal that the optimism is back in global markets.
There is no doubt that the precious metals are shining amid the recent Covid-19 crisis.
The prime factor behind the rally in gold has been the strict imposition of lockdown.
We all know what happened last time they couldn’t agree on the way forward.
Currently, silver open interest is below its 2014 lows and near to 2009 lows.
Investors can buy on decline around Rs 46,100 or on breakout above Rs 47,330 in gold.