Gold Down Ahead of Central Bank Policy Decisions in Japan, U.S. Gold Up as Continuous Economic Stimuli Provide Boost

By Administrator_India Capital Sands Gold was up in Asia on Monday morning, boosted by continuous economic stimuli to combat the COVID-19 pandemics economic woes. Gold futures were up by 0.23% at $1,739.60 as it reversed its earlier slip. The yellow metal’s previous session saw falls as investors cautiously cash out of their positions in the yellow metal as Asian stocks recorded gains. “Gold is holding well near highs of […]

Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

By Administrator_India Capital Sands Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand. Brent crude was up 69 cents, or 2.5%, at $28.38 […]

Record oil output cuts fail to make waves in coronavirus-hit market Record oil output cuts fail to make waves in coronavirus-hit market

By Administrator_India Capital Sands Falling oil prices on Monday showed that oil producers still have a mountain to climb despite record output cuts in an effort to restore market balance as the coronavirus pandemic shreds demand and sends stockpiles soaring, industry watchers said. A day after the Organization of the Petroleum Exporting Countries and allies […]

Americans spend grim Easter Sunday at home as COVID-19 deaths near 22,000 Americans spend grim Easter Sunday at home as COVID-19 deaths near 22,000

By Administrator_India Capital Sands Americans spent a glum Easter Sunday largely confined to their homes by the still-raging coronavirus pandemic as the U.S. death toll neared 22,000, with more than half a million confirmed cases nationwide. With 42 states imposing strict stay-at-home orders most churches were shuttered, although many erected crosses outside or even offered […]