Gold prices flat ahead of Trump-Xi meet at G20 summit

BENGALURU: Gold prices were flat early on Friday as the dollar steadied ahead of the G20 meet in Argentina this weekend, where US and Chinese leaders are scheduled to discuss trade matters after months of tensions. 

 Fundamentals 
Spot gold was flat at $1,223.77 per ounce at 0126 GMT. Prices had hit a one-week high of $1,228.96 per ounce on Thursday. 

 US gold futures were down 0.2 per cent at $1,221.6 per ounce. 

Palladium was up about 0.2 per cent at $1,183.20 per ounce after hitting a record high of $1,190 earlier in the session. The metal was on track to mark its best month since December 2017. 

The dollar index, which measures the greenback against a basket of six major currencies, traded marginally higher at 96.79 on Friday. 

Share markets ticked slightly lower in early Asian trade as investors looked to the G20 summit. 

US President Donald Trump sent mixed signals on Thursday about the prospects for a trade deal with China, saying an agreement was close but he was not sure he wanted one, just as he left for Argentina for a meeting with President Xi Jinping. 

US trade restrictions have hit a total of $369 billion of Chinese exports this year, much higher than the $278 billion of goods impacted by tariffs alone, a regular monitoring report of G20 trade restrictions said on Thursday. 


For More Details, You Can Contact On: 
HELPLINE NO: +91-9770099099
For More Detail Visit: http://www.smartmoneyfs.com/

Comments

Post a Comment

Popular posts from this blog

Petrol price today: Petrol price cut to below Rs 80 in Mumbai; check latest rates in metros

Image
Petrol price today: Fuel prices continued to ease in the major metros, with one litre of petrol now being sold below Rs 80 in Mumbai. Petrol prices have been reduced to Rs 79.62 in Mumbai , a cut of 41 paise from yesterday’s prices. In case of national capital Delhi, one litre of petrol is now retailing at Rs 74.07, down by 42 paise from yesterday’s rates. In case of Kolkata, oil marketing firms have cut the petrol price to Rs 76.06. In Chennai, one litre of petrol can be bought for Rs 76.88. Fuel prices have been on a decline in the last 40 days on the back of easing global crude oil prices. The rates have fallen by Rs 8.76 in Delhi, Rs 8.46 in Mumbai, Rs 8.59 in Kolkata and Rs 9.22 in Chennai from all-time high levels on October 17th. Also read: Share market  LIVE u pdates: Sensex, Nifty start on tepid note; Infosys, Sun Pharma gain up to 2% Meanwhile , oil markets opened cautiously on Tuesday, with many traders reluctant to take on large new positions ahead of the
Read more

सेंसेक्स टुडे | शेयर बाजार: मजबूत शुरुआत, यस बैंक 5% लुढ़का

Image
नई दिल्ली: घरेलू शेयर बाजारों में बुधवार को कारोबार की शुरुआत में तेजी दिखी. मजबूत वैश्विक संकेतों का बाजार के सेंटिमेंट पर अच्छा असर पड़ा. अमेरिका और चीन के बीच ट्रेड वॉर में कुछ नरमी की उम्मीद की जा रही है. ऐसा हुआ तो वैश्विक अर्थव्यवस्था पर इसका अच्छा असर पड़ेगा. अमेरिकी सरकार के आर्थिक सलाहकार लैरी कुडलॉ ने अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप और चीन के साथ राष्ट्रपति शी जिनपिंग के बीच इस हफ्ते के अंत में संभावित बातचीत की पुष्टि की है. दोनों की मुलाकात अर्जेंटीना में जी-20 सम्मेलन के दौरान हो रही है. निवेशकों को अमेरिकी केंद्रीय बैंक फेडरल रिजर्व के प्रमुख जेरोम पॉवेल के भाषण का भी इंतजार है. सुबह 9.30 बजे, बीएसई सेंसेक्स 160 अंक या 0.45 फीसदी की तेजी के साथ 35,672 पर कारोबार करते हुए नजर आया. वहीं, निफ्टी 50 इंडेक्स भी 32 अंक या 0.30 फीसदी की बढ़त के साथ 10,717 पर रिकॉर्ड किया गया.  मंगलवार को घरेलू शेयर बाजार तेजी के साथ बंद हुए थे. सोमवार को भी बाजार में अच्छी तेजी आई थी. उधर, अमेरिका में मंगलवार को डावो जोन्स ने 0.44 फीसदी की तेजी दिखाई, जबिक एसएंडपी 500 इंडेक्स 0.3
Read more