- BEST B-SCHOOLS
- INDIA'S BEST EMPLOYERS
- HOTTEST YOUNG EXECUTIVES
- TOP EMERGING COMPANIES
- BEST CFOs
- BEST BANKS
- COOLEST START-UPS
- BEST INNOVATIONS
- MOST POWERFUL BUSINESSWOMEN
- WOMEN'S ISSUE
- BEST SMEs
- LUXURY SPECIAL
- BEST CEOs
- ANNIVERSARY SPECIAL
- UNION BUDGET
- BUSINESS TODAY
- BT MORE
- MONEY TODAY
- GADGETS AND GIZMOS
On a fortnightly basis, global equity markets traded on a positive note as a result of the dovish statement made by the US Federal Reserve Chair Janet Yellen, who commented on the need for stabilization of foreign economies and its markets.
In the past fortnight, spot gold prices plunged 5.6 per cent to close below $1,000/oz levels while MCX gold prices declined 5.1 per cent to close at Rs 24,731/10 gms.
Precious metals are expected to trade lower while crude is expected to remain volatile over the next fortnight, writes Angel Broking's Naveen Mathur.
Crude oil prices will continue to see weakness as ample supplies and bleak demand will exert downside pressure.
Gold and silver prices are expected to trade higher in the coming fortnight on bargain buying at lower levels coupled with renewed speculative interest.
Expect chana prices to trade sideways to lower note during the next fortnight due to government intervention and good sowing progress.
Commodities are expected to trade higher as the ECB action on monetary easing to revive the sagging Euro Zone is a signal that the economy is in doldrums.
News You Can Use
- 10 financial tips for people in 30s for a stress-free future
- Travel time for 14 premier trains including Rajdhani, Shatabdi reduced
- 11 financial mistakes people in their 30s make to regret later
- Maruti Suzuki Vitara Brezza to get petrol variant soon
- Reliance Jio: SIM card, 4G plans, apps and more
- iPhone 7 and iPhone 7 Plus Indian price list released