Australia TD-MI Inflation Gauge (YoY) rose from previous 4.3% to 4.4% in May

The post Gold price in Saudi Arabia: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 544.61 Saudi Riyals (SAR) per gram, down compared with the SAR 547.54 it cost on Friday. The price for Gold decreased to SAR 6,352.22 per tola from SAR 6,386.37 per tola on friday. Unit measure Gold Price in SAR 1 Gram 544.61 10 Grams 5,446.09 Tola 6,352.22 Troy Ounce 16,939.33 FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-ha

The post Indian Rupee extends gains at the start of RBI policy week appeared on BitcoinEthereumNews.com. The Indian Rupee (INR) opens on a positive note against the US Dollar (USD) at the start of the Reserve Bank of India (RBI) policy week. The USD/INR pair slides to near 94.78 as the Indian currency strengthens further amid solid hopes over the United States (US)-Iran permanent peace deal, even as oil prices have bounced back. At press time, the WTI Oil price trades 2% higher to near $89.00 after registering over-a-month low at $85.41 on Friday. Theoretically, currencies from economies, such as India, which rely heavily on oil imports to meet their energy needs, tend to underperform when oil prices recover. Oil prices have regained ground, following attacks from Israeli Defense Forces (IDF) in Lebanon on Iran-backed Hezbollah, which renewed fears of an energy supply crisis. US President Trump revises terms for Iran deal The comments from US and Iranian officials clearly state that ne

The post Netherlands, The Nevi Manufacturing PMI climbed from previous 54.4 to 55.9 in May appeared on BitcoinEthereumNews.com. Gold edges lower during the Asian session on Monday and moves further away from a two-week high, around the $4,600 neighborhood, touched on Friday. The US Dollar regains positive traction at the start of the new week amid persistent geopolitical uncertainties and hawkish US Federal Reserve (Fed) expectations, which, in turn, is seen acting as a headwind for the commodity.  Source: https://www.fxstreet.com/news/netherlands-the-nevi-manufacturing-pmi-climbed-from-previous-544-to-559-in-may-202606010501

The post GBP/USD Forecast: Consolidates near 1.3450 as USD stays firm appeared on BitcoinEthereumNews.com. The GBP/USD pair struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and oscillates in a narrow range around mid-1.3400s at the start of a new week. The US Dollar (USD) regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve (Fed) bets. This, in turn, is seen as a key factor acting as a headwind for spot prices. The British Pound (GBP), on the other hand, is undermined by expectations for a delayed rate hike from the Bank of England (BoE), especially after softer inflation figures and an unexpected rise in the Unemployment Rate. Traders, however, opt to wait for this week’s important US macro releases and BoE Governor Andrew Bailey’s appearances before positioning for the next leg of a directional move for the GBP/USD pair. From a technical perspective, spot prices hol

The post Gold price in Philippines: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in Philippines on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,968.25 Philippine Pesos (PHP) per gram, down compared with the PHP 9,015.20 it cost on Friday. The price for Gold decreased to PHP 104,603.10 per tola from PHP 105,151.50 per tola on friday. Unit measure Gold Price in PHP 1 Gram 8,968.25 10 Grams 89,681.45 Tola 104,603.10 Troy Ounce 278,913.10 FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely se

The post Gold price in United Arab Emirates: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 533.04 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 535.95 it cost on Friday. The price for Gold decreased to AED 6,217.33 per tola from AED 6,251.16 per tola on friday. Unit measure Gold Price in AED 1 Gram 533.04 10 Grams 5,330.46 Tola 6,217.33 Troy Ounce 16,579.50 FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the pr

The post Gold price in Pakistan: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 40,426.34 Pakistani Rupees (PKR) per gram, down compared with the PKR 40,642.90 it cost on Friday. The price for Gold decreased to PKR 471,524.90 per tola from PKR 474,050.80 per tola on friday. Unit measure Gold Price in PKR 1 Gram 40,426.34 10 Grams 404,262.90 Tola 471,524.90 Troy Ounce 1,257,412.00 FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen

The post Gold price in India: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,827.12 Indian Rupees (INR) per gram, down compared with the INR 13,895.92 it cost on Friday. The price for Gold decreased to INR 161,277.10 per tola from INR 162,079.30 per tola on friday. Unit measure Gold Price in INR 1 Gram 13,827.12 10 Grams 138,271.50 Tola 161,277.10 Troy Ounce 430,070.50 FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-have