May, 05 2025 Monday 13:52 Hrs
  • SENSEX :   80,867.94

  • Commodity broking firm in India365.95( 0.45%) 05-May-2025

Pre Session Commentary - Detailed News

Precious Metals Preview: COMEX gold edges higher in early Asia
05-May-25   09:13 Hrs IST

COMEX gold futures added some momentum but continue to steady around a three week low on Monday morning in Asia. Dollar index easing below 100 mark and uncertainty surrounding trade tensions between US and China continues to keep the yellow metal supported. Both the countries are yet to finalize a deal amid tariff vows. Investors are now turning their attention to the U.S. Federal Reserve's policy meeting later this week for further cues on rate stance. Meanwhile, nonfarm payrolls in the United States rose by 177K in April, according to the US labor data on Friday. Currently, the counter is quoting at $3264.10 an ounce, up 0.64% on the day.

Powered by Commodity Insights

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.