BAJAJ BROKING
The commodities market today reacted to softer US labour data and strong demand signs from China and the US. Treasury yield at 4.45%, dollar index down to 105.28, Brent at $83.88/barrel (+0.4%), and spot gold up 1.14% to $2,335.04/ounce.
Bond Market Yields Downshift: The bond market sees a decrease in 10-year Treasury yield at 4.45% and two-year yield at 4.81% amid Fed rate expectations.
Dollar Index Slides on Labour Data: The US dollar index weakens against major currencies to 105.28 on Thursday due to a softening labour market.
Oil Prices Reach One-Week Peak: Oil prices rise to a one-week high on positive demand signals from China and the US, with Brent 0.4% higher at $83.88 and US WTI rising 0.3% to reach $79.26 per barrel.
Gold Surges on Labour Data: Gold prices surge over 1% on Thursday, with spot gold hitting $2,335.04 per ounce and US gold futures settling at $2,340.3 per ounce, following new Labor Department data.
Additional Read: Commodities Market Today
The day’s rate of Gold, Silver, Natural Gas, Crude Oil (Brent), Crude Oil (WTI)
Name | LTP | Change | Change% |
GOLD | ₹72,103.00 | +464.00 | +0.65 |
SILVER | ₹84,977.00 | +478.00 | +0.57 |
COPPER | ₹865.00 | +5.15 | +0.6 |
CRUDE OIL | ₹6,664.00 | +58.00 | +0.88 |
NATURAL GAS | ₹195.2 | +4.1 | +2.15 |
Additional Read: Share Market News
Note: Stats/Prices updated as of May 10, 2024, at 9:55 AM.
Source: Moneycontrol
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading