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Gold Rate in Pakistan Today 15th March 2022 per tola for 24k is 131,300 and per 10 grams gold rate for 24k is 112,600.

The U.S. Federal Reserve''s two day policy meeting is starting from today

Gold prices are on the move lower after a new wave of Covid lockdowns across China sent commodity prices lower. That hurt gold-friendly inflation expectations ahead of this week''s FOMC decision.

Supply chain concerns were so last week it seems, with a bulk of key commodity markets (including gold) moving lower. Monday US cash market close: The Dow Jones Industrial fell 105 points (0%) to close at 32,945.24 The S&P 500 index rose -31.2 points (2.51%) to close at 34,058.75 The Nasdaq 100 index fell -255.19 […] The post Peace Talks Weigh on Commodities, AUD and NZD appeared first on Action Forex .

NEW YORK, USA – Oil prices fell and European stocks rose on Monday, March 14, as investors weighed positive comments from ceasefire talks between Russia and Ukraine, while US Treasury yields hit two-and-a-half year highs on expectations of a first US rate hike. US stocks were mostly lower as investors remained cautious on the Ukraine conflict , with the market focus on this week’s Federal Reserve meeting . Russian and Ukrainian officials gave their most upbeat assessments on Sunday, March 13, of progress in their talks to end the conflict, with some delegates saying draft agreements could be reached within days. European stocks closed higher on the tentative hopes of progress in the peace talks, while oil prices retreated to their lowest in two weeks on the prospects of increased global supplies. “Everything seems to be heading towards an acute point where we should have some headway. The fact is neither side has a complete edge and as a result talks are the most sensible outcome, with some type of resolution,” said Thomas Hayes, chairman at Great Hill Capital in New York.

Unless there is some peaceful resolution to the Russian invasion of Ukraine, we can expect to see moderate to strong support of gold pricing even at these current levels.

Oil pulls back on positive talks Oil prices have fallen considerably today, off around 7%, on optimism around the Ukraine-Russia talks. Crude is still trading above USD 100 though so there’s still a significant premium in the market as a result of the invasion and disruption to Russian supplies on the back of the sanctions. […]

The Fed has its monetary policy decision on Wednesday

As US yields rally to their highest levels since July 2019, the gold price is weakening in early afternoon US trade and is losing some 1.85% at the ti

https://www.investing.com/news/commodities-news/gold-continues-south-of-2000-eyes-on-fed-and-powell-next-2784368

Stocks struggle to stabilize as markets focus on Russia-Ukraine talks, Oil tumbles on Chinese shutdowns and as new sanctions leave Russian energy alone, Gold selloff exaggerated on profit-taking, Musk still hodling cryptos – OANDA US stocks are trying to stabilize as investors await Fed tightening and as optimism over diplomatic efforts to end the war […]

Oil slides on Ukraine hopes, China lockdowns Crude prices tumbled after Russia-Ukraine talks led to optimism an end to the war could be in sight and as China lockdowns Shenzhen and Jilin. Energy traders quickly abandoned the crude trade after the next round of EU sanctions spared oil from Russian companies. Oil prices did not […]

Market seems to be pricing in a possible start to a tightening cycle at the Fed meeting, analyst says

https://www.investing.com/analysis/precious-metals-update-gold-does-the-bop-n-drop-200619867

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