Live Updates

Gold prices in the UAE remain stable, suggesting potential growth ahead. Central bank demand and shifting US Federal Reserve rates bolster gold’s appeal as a safe-haven asset amidst economic uncertainty. – vtmarketsmy.com

Gold prices in Pakistan rose to PKR 38,377.77 per gram, reflecting global trends. Amid economic uncertainty, gold remains a stable investment. Central banks’ growing reserves signal potential future increases. – vtmarketsmy.com

Gold prices in India rose to INR 12,177.06 per gram, driven by central bank demand and a weakening US Dollar. With inflation and geopolitical tensions, gold remains a strong investment option. – vtmarketsmy.com

The RBI maintains the reverse repo rate at 3.35% to support growth despite rising inflation. This decision suggests a stable environment for traders, with bullish signals for equity markets and potential rupee depreciation ahead. – vtmarketsmy.com

The RBI maintains the repo rate at 5.25%, ensuring financial stability while monitoring inflation. This stability may favor currency and equity markets, offering opportunities for profitable trading strategies. – vtmarketsmy.com

Gold prices in Malaysia remain stable at 557 MYR per gram as central bank purchases bolster demand. Traders anticipate potential market moves amidst low volatility and upcoming economic data. – vtmarketsmy.com

GBP/USD holds steady at 1.3330 as traders anticipate a significant US inflation report. A likely Federal Reserve rate cut could weaken the dollar, presenting opportunities for GBP strength. – vtmarketsmy.com

Silver prices soar near $57.50, driven by expectations of a Federal Reserve rate cut next week amid weak job reports. Bullish momentum suggests strong demand from both investors and industries. – vtmarketsmy.com

UK economic concerns and potential Bank of England rate cuts could pressure the GBP against the USD. With rising volatility expected, traders should consider options strategies to capitalize on market movements. – vtmarketsmy.com

The Nasdaq 100 ETF (QQQ) is projected for a short-term bullish phase, needing to surpass 638.41 to confirm gains. A temporary pullback is expected, but strong buying interest lies ahead. – vtmarketsmy.com