ShreeMetalPrices: Gold sees strong gains amid banking turmoil sprints as a safe haven


Early on Friday in Asian trading. Gold price remained unchanged and on track to enjoy their best weekin two months as demand for safe haven assets increased because of worries about a potential banking crisis. Gold price also benefited from skepticism regarding the Federal Reserve’s ability to continue raising interest rates in light of the […]

ShreeMetalPrices: Federal Reserve policymakers warns more rate hikes in 2023


The Federal Reserve (Fed) said that raising interest rates will continue to be implemented in its semi-annual Monetary Policy Report sent to Congress in order to combat excessive inflation. The Federal Open Market Committee (FOMC) resumes rate rises at its meetings in December and January. But according to the report. “It thinks continuous hikes with […]

ShreeMetalPrices: RBI Governor; Rupee has acted in a disciplined manner.


RBI Governor Shaktikanta Das said on Wednesday that despite the rupee recent downward trend. Which saw it even cross the 83 level against the US dollar, the Indian currency had behaved orderly and that its trajectory shouldn’t really be taken emotionally. During his speech at the FICCI Banking Summit in Mumbai. Das predicted that capital […]

ShreeMetalPrices: Fed Officials Say that Rising Inflation Justifies Further Rate Hikes.


The Federal Reserve should raise and then maintain rate of interest at levels that will hamper economic growth. Because rising inflation is proving to be more enduring than expected, a central bank official said on Thursday. Fed governor Lisa Cook said in remarks at the Peterson Institute for International Economics. Where she gave her first […]