The Share and Stock Market is one of the most important ways for companies to raise their money through shares, and the objective of this blog is to provide you daily intraday news regarding stock market. You have arrived at the right place and you'll find a lot of information here on intraday news updates— basic concepts, strategies for buying and selling, time of entry and exit and a lot more.
Commodity Market Trading Tips; Gold Climbs To Near 3-Week High As Dollar Slides
Gold rallied to the highest level in nearly three weeks on Tuesday after a strong debate performance from French centrist presidential candidate Emmanuel Macron and as fading expectations for near-term U.S. interest rate hikes pushed the dollar lower. The U.S. dollar index fell to a six-week low while 10-year Treasury yields and U.S. and European shares also dropped, helping to bolster gold.
Spot gold was up 0.9 percent at $1,244.48 an ounce by 2:50 p.m. EDT (1850 GMT), just off the session high of $1,247.60, its highest level since March 2. U.S. gold futures for April delivery settled up 1 percent at $1,246.50.