Topic
fed
Finance Asian stocks trade mixed after Fed holds rates; Kospi rallies 4%, Shenzhen slips 300 points
Asian stocks showed mixed performance after the Federal Reserve held interest rates steady. South Korea's Kospi rallied 3.55% while China's Shenzhen declined 2.19%. The Fed's split decision and 30-year treasury yields hitting 19-year highs fueled uncertainty, with the dollar weakening. South Korea's market saw $2 trillion wiped out amid AI sell-off, prompting Finance Minister Koo Yun-cheol to apologize for single-stock leveraged ETFs.
Commodities Gold and Silver Slip as Fed Decision, Stronger Dollar Weigh on Bullion Prices
Gold and silver prices declined as a stronger US dollar and cautious investor sentiment ahead of the Federal Reserve's interest rate decision dampened demand. Spot gold slipped 0.1% to $4,021.87 per ounce, while silver dropped about 2% to $57.24 per ounce internationally. In the domestic market, silver fell Rs 5,200 to Rs 2,24,800 per kg.
Commodities Gold surges Rs 800 in Delhi; silver steady as Fed, geopolitics, China demand steer precious metals
Gold prices in the Indian capital gained Rs 800 per 10 grams to Rs 1,47,700 on Tuesday, driven by strong physical buying and favourable global cues. Silver remained flat at Rs 2,21,500 per kg. Analysts attribute silver's recent outperformance to improving industrial demand expectations amid US-Iran diplomatic engagement and China's tech sector support, while gold continues to benefit from central bank purchases and Chinese physical demand. The US Federal Reserve is expected to keep interest rates unchanged for the rest of 2026, according to a Reuters poll.
Commodities Silver futures tumble over 3% to ₹2.42 lakh/kg as Fed signals keep pressure on bullion
Silver futures on the Multi Commodity Exchange plunged ₹8,817 to ₹2,42,990 per kg on Thursday, tracking weak global trends after the US Federal Reserve's hawkish policy signals strengthened the dollar and dampened investor appetite for precious metals. Comex silver for July delivery fell $2.36 (3.34%) to $68.40 per ounce. Analysts attributed the decline to prospects of higher-for-longer interest rates, which tend to weigh on bullion by boosting bond yields and the dollar.
Finance Wall Street Holds Steady, Oil Below $80 as Fed Decision and Iran Deal Awaited
US stocks traded in a narrow range on Wednesday as investors awaited the Federal Reserve's policy decision. Oil prices remained below $80 a barrel amid optimism over a potential US-Iran agreement, with Brent crude around $79.43. The S&P 500 edged up 0.1%, while the Nasdaq rose 0.5% on a tech rebound.
Finance Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms
The Indian rupee closed nearly unchanged at 94.5250 per US dollar on Wednesday, erasing earlier gains driven by a sharp drop in oil prices. Brent crude fell below $80 after the US and Iran reached an interim peace deal. Corporate and importer dollar demand reversed the rupee's rally. Market attention now shifts to the US Federal Reserve's first policy decision under Chair Kevin Warsh, with markets watching for any signal that the easing cycle may be ending.
Commodities Gold and Silver Outlook: Central Bank Meetings, US-Iran Deal, and Crude Oil in Focus
Gold and silver prices are expected to remain range-bound as traders watch central bank meetings (Bank of Japan, Fed, Bank of England), US-Iran deal developments, and crude oil movements. Domestic gold futures on MCX fell 3.2% to around Rs 1.50 lakh/10g, while Comex gold dropped nearly 3% to $4,238.8/oz. Analysts note volatility from US-Iran uncertainty, with safe-haven buying after reports of no imminent military action.
Commodities Gold Prices Eye US-Iran Talks and Fed Signals
Gold prices are poised for movement as US-Iran peace talks and Federal Reserve signals take center stage. Analysts anticipate that these developments, along with key economic data releases, will shape the near-term direction of bullion prices.