Live Updates

Statistics Canada’s upcoming Labour Force Survey is crucial, predicting a 7% unemployment rate. Market reactions hinge on this data, shaping the Bank of Canada’s rate decision and impacting the Canadian dollar. – vtmarketsmy.com

Gold prices rose in the Philippines, reaching 7,990.32 PHP per gram, driven by a weaker US dollar and central bank purchases. A bullish outlook for gold suggests potential investment opportunities ahead. – vtmarketsmy.com

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