Sunday, February 28, 2021
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT US
Money Cafe
No Result
View All Result
  • Home
  • Business & Finance
  • Economy
  • Stock Market
  • Commodities
  • Investments
  • MF
  • PF
  • Startups
  • Insurance
  • Fintech
  • Home
  • Business & Finance
  • Economy
  • Stock Market
  • Commodities
  • Investments
  • MF
  • PF
  • Startups
  • Insurance
  • Fintech
No Result
View All Result
Money Cafe
No Result
View All Result
Home Commodities

Gold: Gold hovers near 1-week peak as Treasury yields retreat

by moneycafe
February 23, 2021
in Commodities
0
Share on FacebookShare on Twitter
SHEIN Many GEO's


Feb 23: Gold costs hovered close to a one-week peak on Tuesday after gaining 1.5% within the earlier session, as US Treasury yields retreated, lifting the enchantment of the bullion.

FUNDAMENTALS

* Spot gold rose 0.1% to $1,809.57 per ounce by 0057 GMT, having hit its highest since Feb. 16 at $1,812.31 on Monday. U.S. gold futures gained 0.1% to $1,809.30.

* The

reached multi-year lows on Monday in opposition to the British pound and the Australian greenback as merchants centered on the promise of coronavirus vaccinations and financial development outlook.

* Benchmark U.S. Treasury yields eased from a close to one-year peak on Monday. Greater yields enhance the chance value of holding bullion.

* U.S. President Joe Biden on Monday launched modifications to the U.S. coronavirus help program for small companies to attempt to attain smaller and minority-owned companies.

* The development of a proposed $1.9 trillion U.S. COVID-19 aid invoice added to considerations about inflationary pressures. Gold is usually considered as a hedge in opposition to inflation.

* The European Central Financial institution is “intently monitoring” the latest rise in authorities bond yields, ECB President Christine Lagarde mentioned on Monday, the clearest signal but that policymakers have gotten uncomfortable with the latest surge in borrowing prices.

* Bitcoin fell on Monday after surging to its newest document excessive a day earlier as a sell-off in world equities curbed danger urge for food.

* The US on Monday crossed the staggering milestone of 500,000 COVID-19 deaths.

* Traders now await the testimony of U.S. Federal Reserve Chairman Jerome Powell on the Semiannual Financial Report back to Congress on Tuesday.

* SPDR Gold Belief , the world’s largest gold-backed exchange-traded fund, mentioned its holdings fell 1.1% to 1,115.4 tonnes on Monday.

* Silver eased 0.4% to $28.04 an oz.. Platinum shed 0.4% to $1,267.46, whereas palladium climbed 0.3% to $2,401.52.

var contentAge="-0.0002777777777777778"; if(contentAge) { customDimension.dimension34 = contentAge > 2 ? '>48hs':'<48hrs'; } if(customDimension){ customDimension.dimension25 = "articleshow_main"; customDimension.dimension26 = "Markets"; customDimension.dimension27 = "Markets/Commodities/News/"; customDimension.dimension29 = "1977021501"; customDimension.dimension48 = "81164386"; customDimension.dimension57 = _tiluuid; } var trafficSource=""; function getjStorageVal(keyName) { var jString = localStorage.getItem("jStorage"), value=""; try { if(jString) { var objJstorage = JSON.parse(jString); value = objJstorage[keyName] ? objJstorage[keyName] : ''; } } catch (e) {} return value; } (function () { function addZero(num) {return (num >= 0 && num < 10) ? '0' + num : num;} try { lastClick = getjStorageVal('etu_last_click'); if(!lastClick) { lastClick = document.referrer.indexOf('indiatimes.com') == -1 ? 'direct_landing_articleshow' : 'other'; } var dref = document.referrer, wlh = window.location.href.toLowerCase(), wlp = window.location.pathname; if(/google|bing|yahoo/ig.test(dref)) {trafficSource="organic";} else if(/facebook|linkedin|instagram|twitter/ig.test(dref) || wlh.indexOf('utm_medium=social') != -1) { trafficSource="social";} else if(wlh.indexOf('utm_medium=email') != -1) {trafficSource="newsletter"; } else if(getjStorageVal('etu_source')) { trafficSource = getjStorageVal('etu_source');} if(!trafficSource) { if(wlp == "https://economictimes.indiatimes.com/" || wlp == '/default.cms') {trafficSource="direct"} else if(wlp.indexOf('articleshow')) {trafficSource="organic"} else {trafficSource="other"} } var dtObject = new Date(), dt = (dtObject.getFullYear() + '' + addZero(dtObject.getMonth() + 1) + '' + addZero(dtObject.getDate())), key = 'et_article_' + dt; var articleReadCountToday = (getjStorageVal(key) || []).length; var articleReadCountMonth = 0; var paidArticleReadCountMonth = 0; var jString = localStorage.getItem("jStorage"); try { if(jString) { var objJstorage = JSON.parse(jString); Object.keys(objJstorage).filter(function(key) {return key.indexOf('et_article_') != -1}).forEach(function (key) { articleReadCountMonth += getjStorageVal(key).length}); Object.keys(objJstorage).filter(function(key) {return key.indexOf('et_primearticle_') != -1}).forEach(function (key) ); } } catch (e) {} var paidArticleReadCountTodayKey = 'et_primearticle_' + dt; var paidArticleReadCountToday = getjStorageVal(paidArticleReadCountTodayKey) || 0; var continuousPaywallList = getjStorageVal('et_continuousPaywalled') || []; customDimension.dimension92 = lastClick; customDimension.dimension93 = trafficSource; customDimension.dimension94 = articleReadCountToday; customDimension.dimension95 = articleReadCountMonth; customDimension.dimension96 = continuousPaywallList.length; customDimension.dimension97 = paidArticleReadCountMonth; customDimension.dimension98 = paidArticleReadCountToday; } catch (e) {} })(); ga('send', 'pageview', customDimension); var newHookId ='1977021501'; var newHookId2 = '1808152121'; if(newHookId == '1715249553' && newHookId2 == '1052732854'){ newHookId = '1052732854'; // politicsnation }else if(newHookId == '1715249553' && newHookId2 == '1373380680'){ newHookId = '1373380680'; // Economy } var subsec1_value="1977021501", subsec1_2value="1808152121"; if(subsec1_value == '1715249553' && subsec1_2value == '1052732854'){ subsec1_value="1052732854"; // politicsnation }else if(subsec1_value == '1715249553' && subsec1_2value == '1373380680'){ subsec1_value="1373380680"; // Economy } (function (g, r, o, w, t, h, rx) { g[t] = g[t] || function () []).push(arguments) , g[t].l = 1 * new Date(); g[t] = g[t] || {}, h = r.createElement(o), rx = r.getElementsByTagName(o)[0]; h.async = 1;h.src = w;rx.parentNode.insertBefore(h, rx) })(window, document, 'script', 'https://static.growthrx.in/js/v2/web-sdk.js', 'grx'); grx('init', 'gf999c70d'); var grxDimension = {url: window.location.href, title : document.title, referral_url : document.referrer}; if(window.customDimension && window.objDim) { for(key in customDimension) { var dimId = 'd' + key.substr(9, key.length); if(objDim[dimId] && typeof customDimension[key] != 'undefined') { grxDimension[objDim[dimId]] = customDimension[key]; } } } var subsStatus="Free User"; var jData = JSON.parse(localStorage.getItem('jStorage')); function getCookie(n) {var ne = n + "=", ca = document.cookie.split(';');for (var i=0;i< ca.length;i++){ var c = ca[i]; while (c.charAt(0) == ' ') c = c.substring(1, c.length); if (c.indexOf(ne) == 0) return c.substring(ne.length, c.length); } return null; } (function () { if(ssoid = getCookie('ssoid')) { try { grx('userId', ssoid); var pfuuid = getCookie('pfuuid'); if(pfuuid) { grxDimension['et_uuid'] = pfuuid} grxDimension[objDim['d3']] = 'LOGGEDIN'; var grx_userData = jData['prime_'+getCookie('TicketId')]; grx_userData = grx_userData || {}; var grx_userPermission = grx_userData.permissions; if(grx_userPermission.indexOf("expired_subscription") > -1) { subsStatus="Expired User"; } else if (grx_userPermission.indexOf("subscribed") > -1 && grx_userPermission.indexOf("cancelled_subscription") > -1 && grx_userPermission.indexOf("can_buy_subscription") > -1) { subsStatus="Paid User - In Trial"; } else if(grx_userPermission.indexOf("subscribed") > -1) { subsStatus="Paid User"; var b = document.getElementsByTagName('html')[0]; b.classList.add("prime_user"); } else if(grx_userPermission.indexOf("etadfree_subscribed") > -1) { subsStatus="Ad Free User"; } } catch (e) {} } else { grxDimension[objDim['d3']] = 'NONLOGGEDIN'; } grxDimension[objDim['d37']] = subsStatus; try { if(window.localStorage && localStorage.getItem) { var jString = localStorage.getItem("jStorage"); if(jString) { var objJstorage = JSON.parse(jString), objProf = objJstorage['et_subscription_profile']; for (var attrname in objProf) { grxDimension[attrname] = objProf[attrname]; } } } }catch(e) { console.log('Error profile Dimension'); } })()

grx('track', 'page_view', grxDimension);

if(window.allowGdpr == 1 && (typeof skip == 'undefined' || typeof skip.fbevents == 'undefined')) { !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '338698809636220'); fbq('track', 'PageView'); }

var _comscore = _comscore || []; _comscore.push({ c1: "2", c2: "6036484"});

if(window.allowGdpr == 1) { (function() { var s = document.createElement('script'), el = document.getElementsByTagName("script")[0]; s.async = true; s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js"; el.parentNode.insertBefore(s, el); })(); }

if(window.allowGdpr == 1) { (function() { function pingIbeat() ''; e.setAttribute('src', sd + '/js_ibeat_ext.cms?v=' + dt); //e.setAttribute('src', "https://agi-static.indiatimes.com/cms-common/ibeat.min.js"); document.head.appendChild(e);

if(typeof window.addEventListener == 'function') { window.addEventListener("load", pingIbeat, false); } else { var oldonload = window.onload; window.onload = (typeof window.onload != 'function') ? pingIbeat : function() { oldonload(); pingIbeat(); }; } })(); }

}



Source link

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...

Related

ShareTweetPin
Banggood WW

Related Posts

India’s crude steel output grew 7.6% to 10 million tonne in Jan: worldsteel

by moneycafe
February 28, 2021
0

NEW DELHI: India registered a progress of seven.6 per cent in crude metal manufacturing at 10 million tonne (MT)...

Auto-fuel prices may rise further by Rs 3/litre to support OMC marketing margins

by moneycafe
February 26, 2021
0

On Friday, retail petrol worth in Delhi was at an all-time excessive of Rs 90.93/litre, rising by about 9%...

Oil drops on dollar strength and OPEC+ supply expectations

by moneycafe
February 26, 2021
0

LONDON: Oil costs fell on Friday as bond worth rout led to positive factors within the U.S. greenback whereas...

30% price surge takes colour off turmeric exports

by moneycafe
February 26, 2021
0

Export prospects of turmeric have been affected following a 30 per cent improve in its costs for the reason...

gold price today: Gold declines Rs 342; silver plummets by Rs 2,007

by moneycafe
February 26, 2021
0

Gold costs on Friday declined by Rs 342 to Rs 45,599 per 10 grams and silver plummeted by Rs...

Tea prices decline on subdued demand at Kochi auctions

by moneycafe
February 26, 2021
0

Tea costs declined on the Kochi auctions this week on subdued demand, particularly from North Indian patrons, in each...

Load More
Next Post

Reliance Capital defaults for 49th time on NCD payments

Bitcoin drops after climbing to all-time high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

How to improve your credit score post-pandemic

February 25, 2021

Depolarisation, rise in corporate earnings work well for DSP Equal Nifty 50 Fund

February 23, 2021

IndiGo to operate 5,000-series flights from T1 in Mumbai

February 27, 2021

Dividends: India Inc can be more benevolent

February 27, 2021

India-China: India to clear 45 investments from China, likely to include Great Wall, SAIC: Sources

February 22, 2021

Gold price gains Rs 278 to Rs 46,013/10 gms; silver jumps Rs 265 to Rs 68,587/kg

February 22, 2021

Spurred by stamp duty cut, uptick in property sales in Pune continues

February 23, 2021

World shares slide on inflation fears, commodities surge

February 23, 2021

India’s new mapping policy can be a game-changer

February 20, 2021

Tesla Stock: Long & Short of Markets: Why is Jim Rogers saying Namaste, India? How to find a desi Tesla

February 21, 2021

Day trading guide: 2 stock recommendations for Monday

February 21, 2021

India set for record wheat output: Expert

February 22, 2021
Hoff
PHILIPS
Facebook Twitter LinkedIn RSS
Money Cafe

Get the latest news and follow the coverage of business and financial, stock market, commodities, investments, and more from the world's top trusted sources.

Categories

  • Home
  • Business & Finance
  • Economy
  • Stock Market
  • Commodities
  • Investments
  • MF
  • PF
  • Startups
  • Insurance
  • Fintech

Sitemap

  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us
No Result
View All Result

Copyright © 2020 Money Cafe.

No Result
View All Result
  • Home
  • Business & Finance
  • Economy
  • Stock Market
  • Commodities
  • Investments
  • MF
  • PF
  • Startups
  • Insurance
  • Fintech

Copyright © 2020 Money Cafe.

%d bloggers like this: