COMEX Gold futures hit $2000 per ounce amid sustained buying support as the war between Ukraine and Russia continued to pose worries to global risk aversion and equity indices tanked around the globe. The metal currently trades at $2002 per ounce, up 2% on the day. These are the highest levels in last eight months for the metal. MCX Gold is up 2.70% at Rs […]
COMEX Gold futures hit $2000 per ounce amid sustained buying support as the war between Ukraine and Russia continued to pose worries to global risk aversion and equity indices tanked around the globe. The metal currently trades at $2002 per ounce, up 2% on the day. These are the highest levels in last eight months for the metal. Asian stocks started new week on a […]
The Mainland China share market finished session down on Monday, 07 March 2022, as investors unloaded a wide range of shares after data showed the countrys export growth slowed in the January-February period and on concerns over Russias invasion and its impact on the global economy. Meanwhile, selloff pressure intensified amid fears over higher fuel costs as the United States and its European partners are […]
The Indian rupee tanked 84 paise to close sharply lower at 77.01 (provisional) against the U.S. dollar on March 7 as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets. Escalating tensions between Russia and Ukraine kept crude oil prices at an elevated level and heightened worries about domestic inflation and wider trade deficits. Sustained foreign fund outflows and a […]
The benchmark indices closed near the days low with steep losses on Monday, tracking weak global cues. Soaring crude oil prices amid ongoing Russia-Ukraine crisis continued to spook investors. Barring the Nifty Metal index, all the sectoral indices on the NSE ended in the red. Banks, autos and financial stocks slumped. The barometer index, the S&P BSE Sensex, dropped 1,491.06 points or 2.74% at 52,842.75. […]
The Australian share market suffered another round of selloff on Monday, 07 March 2022, as investors remained wary of the inflationary impact from the record-breaking rises in crude oil prices after some global powers reportedly consider a ban on Russian fuel imports. At closing bell, the benchmark S&P/ASX200 fell 72.24 points, or 1.02%, to 7,038.59. The broader All Ordinaries index fell 74.13 points, or 1%, […]

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