New York/ London: Gold rates jumped to $1300 per ounce (31 grams), against the background of the meeting of the Federal Reserve, the Central Bank of the United States and the trade war between the United States and China. Gold rates jumped to $1300 per ounce (31 grams). The Gold rates spurted by 0.4% on […]
Read More »
Moscow/Washington: The chief of the Russian stock market has asserted that Russia can offer investment in the Russian Gold as an excellent alternative for those investing in the US dollar. Only a few days ago, it was reported that Russia had taken its Gold stocks to 2,100 tonnes valued at $87 billion in the foreign […]
Read More »
London/Beijing/Washington: “As the world re-orders itself, this disconnect between the real and financial is likely to reduce, and in the process, other reserve currencies may emerge. In the first instance, I would expect these will be existing national currencies, such as the renminbi,” said the governor of the Bank of England (BoE), claiming China’s Yuan […]
Read More »
Washington/ Tokyo: The international stock markets sharply plummeted after Apple announced of weakening revenue in China. Not only have the stock markets of the US, Europe and Asia crashed, but the analysts have indicated the world progressing towards a global economic slowdown. The big companies in the US are expected to be hit heavily due […]
Read More »
Washington: The US Stock markets collapsed on Monday owing to the rise in the interest rate by the Federal Reserve, the shutdown started because of non-passage of the Federal Spending Bill and the shocking decisions of President Trump. All the three indices Dow Jones, S&P 500 and Nasdaq, reported record falls, and these are the […]
Read More »
Washington: The US stock markets have witnessed a significant crash amid President Trump’s refusal to sign the bill for provisions other than the one for the Mexico wall, Federal Reserve’s increase in the interest rates and the trade war. All the three market indexes namely the Dow Jones, S&P 500 and Nasdaq have suffered the […]
Read More »
Brussels: The economic index of the Eurozone, group of the major European countries, has scaled the lowest level, in four years of 4% and there are indications of more severe hits to the economy of the Union over the next two years. The negativity in France and Germany is held responsible for the low situation. […]
Read More »
Moscow/Riyadh: Russian President Vladimir Putin and Saudi Arabian Crown Prince Mohammed Bin Salman have reached a consensus about continuing the cooperation in reducing the levels of oil production during their discussions. In line with this, an announcement of reduction in oil production is expected from both the countries. Riding on the news of consensus between […]
Read More »
Canberra: Given the Chinese interference in the Asia-Pacific region, Australia has announced an ambitious scheme named ‘Step Up To Pacific’. Under the scheme, independent financial institutions would be built to provide financial assistance to the countries in the Pacific Ocean region, and a provision of $3 billion has been made for the purpose. Prime Minister […]
Read More »
London: The Gold demand has increased against the backdrop of the trade war declared by US President Donald Trump against China, sanctions imposed on various countries in view of the Iran nuclear deal and the uncertainty created because of this. The World Gold Council which keeps track of the Gold transactions and trade at the […]
Read More »
