Coimbatore, Dec 05: Kaya, India’s most trusted dermatologist-led clinic chain, announces the opening of its second clinic in Coimbatore, further cementing its presence in “Manchester of the South.” Following the success of its first clinic at Skanda Square, Kaya’s new space on DB Road is a testament to the city’s growing…
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Gold Near USD 4,200 As Markets Brace For Further Key US Data
By Joseph Dahrieh, Managing Principal at Tickmill Gold was relatively stable, trading sideways near the USD 4,200 level. The market could consolidate after its rebound during the last few trading sessions. Gold could continue to find support in increasing expectations of interest rate cuts. Yesterday’s weak ADP Employment report showed…
Continue ReadingGold Consolidates Its Advance Above USD 4,200 in a Context of Growing Global Demand
By Antonio Di Giacomo, Senior Market Analyst at XS.com Gold once again solidly surpassed $4,200 per ounce, driven by the weakness of the U.S. dollar and the decline in Treasury yields. This advance comes amid renewed demand for safe-haven assets and a macroeconomic backdrop that favors the precious metal, following…
Continue ReadingEURUSD Rebounds As The USD Weakens, But Its Medium-Term Outlook Still Faces Significant Challenges
By Linh Tran, Market Analyst at XS.com EURUSD continues to maintain its recovery momentum as the USD weakens after expectations that the Fed will begin its rate-cutting cycle are reinforced, while the macro environment in Europe shows signs of stabilizing but remains far from solid. The current movement reflects a…
Continue ReadingSilver’s 10% surge in a week is still rooted in genuine physical tightness rather than a broad macro driven demand shift
By Ahmad Assiri, Research Strategist at Pepperstone Silver’s 10% surge in a week is still rooted in genuine physical tightness rather than a broad macro driven demand shift. The squeeze we saw in October created a meaningful imbalance in the market and that stress didn’t fully eased through November. We…
Continue ReadingGold Slips Again Despite Stronger Rate-Cut Odds and Softer Labor Signals
By Samer Hasn, Senior Market Analyst at XS.com Gold declined for a third consecutive session, struggling once again to break through the $ 4200 / Oz level. The difficulty is partly tied to the nature of the current macro development and Treasury market sentiment. According to the CME FedWatch Tool,…
Continue ReadingGJC Requests Formation of Gujarat State Level Vigilance Committee to Safeguard Jewellers’ Interes
Ahmedabad, Dec 04: The All India Gem and Jewellery Domestic Council (GJC) today announced that it has formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Rajesh Rokde, Vice Chairman…
Continue ReadingHyFun Foods Champions Sustainable, Soil-Driven Farming on World Soil Day
Mumbai, Dec 04: HyFun Foods is one of India’s leading frozen food manufacturers, built on a robust seed-to-shelf model that ensures quality, consistency, and traceability. As the country’s largest processor of processing-grade potatoes, HyFun combines advanced agronomy, efficient value chains, and world-class manufacturing to deliver premium frozen snacks to consumers…
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S&P 500 Outlook: Positive Signals but Underlying Risks Remain
Written by Linh Tran, Market Analyst at XS.com The S&P 500 entered December in a state of choppy trading around the 6,850 zone, following a strong upward move primarily driven by the technology sector and expectations that the Fed is preparing to enter a rate-cutting cycle. Although the index has risen…
Continue ReadingGold Holds Above USD 4,200, Traders Await Key US Data
By Bas Kooijman, CEO and Asset Manager of DHF Capital S.A Gold was trading in a range today, hovering just above the USD 4,200 level. The metal could consolidate after its rebound during the last few weeks. While it remains below its all-time high in October, gold could remain in…
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