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Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Monday, May 6, 2024. Gold futures, maturing on June 5, 2024, stood at Rs 70,944 per 10 grams on the MCX, after recording a jump of Rs 247 or 0.35 per cent. The previous close was recorded at Rs 70,668. Meanwhile, silver futures, maturing on July 5, 2024, witnessed a hike of ...
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post: PBOC SETS YUAN MID-POINT AT 7.0994 / DLR VS LAST CLOSE 7.2250 post: PBOC BOOSTS FIXING AFTER OFFSHORE YUAN GAINS DURING CHINESE BREAK post: PBOC SELLS 2 BILLION YUAN OF 7-DAY REVERSE REPO AT 1.8%
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Silver has seen a significant rise in its value in 2024, with prices soaring from $22.55 USD/oz in February to a peak of $29.90 USD/oz on April 12th, reflecting a dynamic shift in market conditions and investor sentiment. The big problem that the silver market is facing currently is the (too) high number of speculators positioned on the long side. ...
Date | 5:39am | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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5:39am | Actual | ||||||||
Mon May 6 | |||||||||
Mon May 6 | 3:55am | GE Final Services PMI | 53.2 | 53.3 | 53.3 | ||||
7:30am | BZ Gov Budget Balance | -2.0B | -48.7B | ||||||
8:25am | SZ SNB Chairman Jordan Speaks | ||||||||
9:00am | RU International Reserves | 603B | |||||||
Tue May 7 | |||||||||
Tue May 7 | 12:30am | AU Cash Rate | 4.35% | 4.35% | |||||
AU RBA Monetary Policy Statement | |||||||||
AU RBA Rate Statement | |||||||||
1:30am | AU RBA Press Conference | ||||||||
2:00am | GE Factory Orders m/m | 0.4% | 0.2% | ||||||
GE Trade Balance | 22.4B | 21.4B | |||||||
2:45am | FR Trade Balance | -5.0B | -5.2B | ||||||
3:00am | SZ Foreign Currency Reserves | 715B | |||||||
4:00am | UK LME Copper Inventories | -3975 | |||||||
4:30am | UK Construction PMI | 50.4 | 50.2 | ||||||
10:00am | CA Ivey PMI | 58.1 | 57.5 |