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Charlotte’s BAML sees platinum, palladium deficits rise as S. Africa output totters

11-05-2020

Late on Friday, the 8th of May 2020, analysts of the Charlotte-based American multinational investment lender, Bank of America Merrill Lynch said in a statement that a deficit in platinum and palladium output appeared to be highly likely this year

Fed-fuelled rally mounts precious gold futures to one-month-peak; Dollar dented

10-04-2020

On Thursday, the precious US spot gold futures’ prices had surged more than 2.5 per cent to wrap up the day at $1686.86 an ounce as the US Fed’s mammothlike $2.3 trillion in fresh aid package had begun to disentangle a deeply recessed US economy

King Dollar climbs to three-year peak amid coronavirus; gold loses safe-haven appeal

19-03-2020

On Wednesday, the American Dollar gained against almost all of the major currencies, while emerging market currencies alongside Sterling, New Zealand Dollar and Australian Dollar had hit their multi-year lows

Global stocks slumped as Fed emergency rate-cut prods panic-driven sell-off;oil falls

16-03-2020

On Monday, the 16th of March 2020, during mid-day Asia-Pacific trading hours, a gauge of global equity indices alongside US stocks futures' had been muddling in to the muds

Gold tumbles 4.5%; palladium faces off worst week on record

14-03-2020

On Friday, the 13th of March 2020, it had been another bloodbath for the commodity traders as the precious gold futures’ prices dipped 4 per cent and silver had been on course to post its worst weekly decline since 2011

Wall St. “fear gauge” hits record as Asia-Pacific markets open broadly lower

13-03-2020

On Thursday, the 12th of March 2020, the Cboe Volatility Index, often contemplated as the “fear gauge” of the Wall St. traders, had posted its biggest ever leapfrog on record

Investor swept on worries over recession, bear market as coronavirus wreaks havoc

09-03-2020

a number of withering words for the money markets such as “correction,” “bear market” or “recession” were being used more frequently over the past few weeks

Palladium plunged 13%, gold pummels 4.6% as precious metals join virus-led free fall

01-03-2020

On Friday, a raft of precious metals took heavy headers as palladium was plummeted as much as 10.8 per cent, while the precious safe-haven gold fell as much as 4.6 per cent to mark up its largest intra-day fall in more than seven years

Precious gold fled seven-year peak; pandemic fear looms large

26-02-2020

On Tuesday, the 25th of February 2020, the precious safe-haven spot gold futures’ prices had beaten a hasty retreat, drawing back from a fresh seven-year-peak

Coronavirus kills seventh patient in Italy as pandemic fear grips global equities

25-02-2020

On Monday, the 24th of February 2020, a gauge of global stock indices was hit with heavy whiplashes and the Italy’s MIB FTSE flumped as much as 6 per cent followed by the death of seventh Italian due to coronavirus infection

Foreign inflows into US treasuries hit seven-year-peak in 2019

20-02-2020

On Tuesday, the 18th of February 2020, the US Treasury Department data had shown that the amount of foreign inflows into the US Treasuries through purchases of US Treasury bonds had spiked to a more than seven-year peak

China Coronavirus deaths toll tops 1,000 as investors seek safety on safe-haven gold

11-02-2020

On Monday, the 10th of February 2020, a gauge of global money markets had witnessed another flight-to-safety response

Gold clocks best monthly gain since July 2019 as virus fear bubbles safe-haven appeal

01-02-2020

On Friday, the 31st of January 2020, the precious safe-haven gold futures’ prices gained as much as 1 per cent to wrap up the day at a fresh 6-1/2-year peak at $1589.69 an ounce and posted a monthly gain of 4.78 per cent

Global stocks sinks to two-week low as coronavirus death toll raises to 81

28-01-2020

On Monday, the 27th of January 2020, a gauge of global stock indices was slumped and investors’ appetite seemed to be hitting a rock-bottom

Precious gold gains as safe-haven appeal returns; palladium extends record rally

21-01-2020

On Monday, the 20th of January 2020, at a thin-volume trading day with US markets were closed due to Martin Luther King Jr. Holiday, the precious safe-haven metal, gold surges to more than one-week high

Qatar National Bank issues $600 million Formosa Bond

17-01-2020

Doha-based Qatari multinational commercial bank, Qatar National Bank, the largest lender in the Gulf in terms of asset, had launched a $600 million 40-year Formosa Bond as a part of its wider plans to diversify funding sources

Majority of American favour wealth tax on very riches, opinion poll finds

12-01-2020

Although a concept of inclining a wealth tax over the richest US nationals had led to a raft of uproars alongside political outcry, more than 70 per cent of common citizens were found to have a strong voice to endorse the wealth tax

UK consumer borrowing rises at slowest pace since 2014, points to slowdown jitters

06-01-2020

On Friday, data revealed from BoE had revealed a baleful image of British economy which has been vying to vent out a way from an utterly stagnant backwater bay as British consumers’ lending grew at its slowest pace in more than five years

Gold his highest level in 4 months on safe-haven appeal as Middle East crises deepen

06-01-2020

US Spot Gold prices climbed to their highest level in four months on Friday, the 3rd of January 2020, breaking through a critical psychological resistance level of $1,550 an ounce

Gold hits $1500 on Christmas eve as recession fear persist amid moot trade deal

25-12-2019

Precious gold futures’ prices surged more than 0.93 per cent on Tuesday, the 24th of December 2019, to wind down the day at $1499.30 per ounce after breaching $1500 an ounce level for the second time this year

Gold demand subdued in Asian markets as protests in India, Hong Kong curb buying

22-12-2019

Demand of gold had witnessed a withering backdrop throughout the week over major Asian business HubSpots due to a wave of violent protests

Global stocks revive over Kudlow’s upbeat comment on Sino-US trade deal

16-11-2019

On Friday, the 15th of November 2019, a basket of global stock exchanges posted robust gains, while safe-haven assets such as gold alongside government bonds were bushed

Indian Income Tax department protest against new tax assessment scheme

16-10-2019

Through the faceless tax assessment system, the Indian government is seeking to put an end to unfair practices by tax authorities

Indian stock markets surge as Infosys posts significant gains

16-07-2019

The shares of Infosys soared by 7.2% on Monday when markets re-opened after their weekly weekend closing

European shares go out of favor, routed for multi-month worst

23-12-2018

On Friday, December 21st, the European shares had closed slightly higher, regaining from earlier heavy losses, as comments from a US policymaker quieted some concerns over the Wednesday’s rate hike