Monitoring Desk

The cryptocurrency market remained bearish for the sixth straight day on Monday as heightened geopolitical risks weigh on risk assets. As of 1315 hours GMT, the market capitalisation of cryptocurrencies shed 1.9 percent to reach $1.79 trillion. The largest cryptocurrency Bitcoin’s (BTC) price shed 2.1 percent to reach $37,438. With this decrease in price, the […]

Gold price surged for the third consecutive week to the level seen for the first time in eight months as metals markets jumped on inflation data and geopolitical concerns centring on Russia. Gold futures closed the week on a bullish note in international market at $1,899.20 per ounce, with a massive $40.20 (+2.16 percent) gain […]

China’s securities regulator will put more emphasis on preventing and resolving bond default risks, and will deepen bond issuance reforms and strengthen regulation, a summary of a meeting posted on its website said on Saturday. The China Securities Regulatory Commission (CSRC) called for giving more prominence to openness and transparency, and deepening reforms to the […]

Tunisia and the International Monetary Fund are in preliminary talks, with an eye on a potential multi-billion-dollar rescue deal for an economy plagued by recession, public debt, inflation and unemployment. The North African nation on Monday started talks with the Washington-based crisis lender, which has called for “deep reforms” and public spending cuts. But many […]

Gold prices remained flat on Friday due to planned diplomatic talks between the US and Russian officials over Ukraine issue As of 1320 hours GMT, gold in the international market was available at $1,898.20 per ounce, shedding $1. Out of $1 per ounce decrease, -$0.70 was due to the dollar’s strength and -$0.30 was due […]

Gold prices surged to eight-month high on Thursday as markets are seeing a fresh risk-off wave once again after the Russia-Ukraine crisis resurfaces. As of 1340 hours GMT, gold in the international market was available at $1,897.90 per ounce, gaining $28. Out of $28 per ounce decrease, +$0.60 was due to the dollar’s weakness and […]

Gold prices inched down on Wednesday despite retreating US Treasury bond yield and a weaker dollar. As of 1320 hours GMT, gold in the international market was available at $1,852.10 per ounce, shedding $2. Out of $2 per ounce decrease, +$1.85 was due to the dollar’s weakness and -$3.85 was due to predominant sellers. The […]

The cryptocurrency market remained mixed on Wednesday, with the market capitalisation inching up 0.2 percent to reach $2.08 trillion. As of 1235 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price shed 0.27 percent to reach $44,182. With this decrease in price, the market capitalisation of the biggest crypto has reached $836 billion. Bitcoin shed 0.01 […]

Gold fell sharply on Tuesday amid hopes of geopolitical de-escalation at the Ukraine-Russia border and strong US Treasury bond yields. As of 1320 hours GMT, gold in the international market was available at $1,852 per ounce, shedding $19.40. Out of a $19.40 per ounce decrease, +$6.05 was due to the dollar’s weakness and -$25.45 was […]

The cryptocurrency market turned bearish on Monday, with the market capitalisation shedding 1.8 percent to reach $1.96 trillion. As of 1200 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price slipped 0.83 percent to reach $42,137. With this decrease in price, the market capitalisation of the biggest crypto has reached $798 billion. Bitcoin shed 0.5 percent […]