Yellow Financial News

Investing.com-- Gold prices rose slightly from a 10-day low on Friday, taking some relief as the dollar retreated from a near six-month high, while weak data from Japan and fears of worsening U.S.-China tensions also drove some safe haven demand for the yellow metal.

The MCX October gold futures were trading up by Rs 127 or 0.22% from the Thursday closing price at Rs 59,125 per 10 gram on the MCX while the December Silver futures were trading at Rs 72,038 per kg, higher by Rs 268 or 0.37%. On Comex, Gold futures were trading at $1,950.70 per troy ounce on Friday, up by $8.20 or 0.42% while Silver futures were at $23.390, higher by $0.150 or 0.650%. The October Gold futures had ended with losses of Rs 107 or 0.18% per 10 gram at Rs 58,981 on Thursday while the December Silver futures closed lower at Rs 71,800, down by Rs 672 per kg or 0.93%. «Correction in gold prices this week was on account of strength in the US economy which makes it likely that interest rates will stay high,» Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies opines. On Technical charts, October Gold futures witnessed the RSI indicator hitting a point where it might start going down, she said. «Right now, gold prices are above two important lines called the 50-day and 100-day EMA, which are like support levels. If they're crossed, it could mean the market is turning bearish.

IMD) has issued a Yellow alert for Friday in Mumbai, Thane, Palghar, Raigad, Ratnagiri, Dhule, Jalgaon and Nashik districts of Maharashtra. «Western #MadhyaPradesh, #Maharashtra & #Gujarat to Face Heavy Downpour in next 3 days,» the IMD said in a post on 'X'. The weather office has predicted light to moderate rainfall with moderate to severe thunderstorms in several parts of India including north Maharashtra, Gujarat and Madhya Pradesh. «Recent Satellite Imagery shows moderate to intense convective clouds leading to the possibility of light to moderate rainfall activity occasional intense spells with moderate to severe thunderstorms and lightening over parts of Northwest #UttarPradesh, #EastUttarPradesh #SouthBihar, #northMaharashtra, #GujaratRegion, #MadhyaPradesh, #Odisha, #GangeticWestBengal, #Jharkhand, #Assam & #Meghalaya, #Nagaland, #Manipur, #Mizoram, #Tripura during night time,» the IMD said in a string of posts on 'X'. Mumbai witnessed heavy rainfall since Thursday morning and more rainfall is expected at night, the Met Office said. "#Mumbai and adjoining regions have also reported heavy rainfall since 0830 hrs IST. #Mumbai Rain since 0830 hrs IST (in mm) #Santacruz 92.5; #Colaba 43.6; #Dahisar 71.0; #Juhu 84.0; #Rammandir 88.0; #Matunga 75.5; Sion 75.2 light to moderate rainfall is likely over Mumbai during night time," the IMD posted. Earlier on Thursday, the weather office forecasted light to moderate rainfall in parts of Uttar Pradesh.

weather forecast, IMD has predicted light to moderate rainfall in Mumbai city and suburbs in the next twenty-four hours. The maximum and minimum temperatures of the city can range between 32 degrees Celsius and 26 degrees Celsius.

Tennis has a fuzzy yellow problem most players don’t think about when they open cans of fresh balls, or when umpires at U_S_ Open matches make their frequent requests for “new balls please.”

Quordle puzzle for September 7 is here. If you are finding it difficult to solve the today's Quordle challenge then scroll down for some hints and the right answers. But, before that Let's find out what the game is about? Quordle is an internet based word puzzle in which you to have to decipher four-five letter words daily. The challenge is to unlock each word across and down in nine attempts. Interesting right? Quordle is a wordle inspired game. It is available both on Pcs and mobile browsers. It does not require any sign ins or log in permissions. For newcomers, Previously played Quordle challenges are available to try their hands on before playing live on the daily new puzzle challenge.Freddie Meyer designed Quordle. He released rhis game on January 30.

economic activity. Expectations of interest rates remaining at higher levels for a longer-than-expected time have weighed on gold prices. MCX Gold for October 5 delivery traded 0.06 per cent lower at ₹59210 per 10 grams around 10:10 am.

Investing.com-- Gold prices fell Tuesday as the U.S. currency and bond yields remained firm before a string of Federal Reserve speakers this week. 

G20 Summit and enhanced security in the national capital, Air India on Tuesday offered one-time waiver of applicable charges, if the passengers holding tickets from September 7 to 11 wish to change the date of travel or the flight. «There will be travel restrictions in Delhi between 7th and 11th September 2023. As a measure of goodwill, passengers holding confirmed ticket to fly to or from Delhi on these dates are being offered a one-time waiver of applicable charges, if they wish to change their date of travel or their flight.

Hyderabad rains: Heavy rains in Hyderabad caused severe waterlogging and traffic congestion in the city. The India Meteorological Department (IMD) has issued a yellow alert issued in the city today.

President Joe Biden has told a crowd gathered in Philadelphia for a Labor Day parade he’s “celebrating jobs, good-paying jobs, jobs you can raise a family on, union jobs.”

Invasive species that wreck crops, ravage forests, spread disease, and upend ecosystems are spreading ever faster across the globe, and humanity has not been able to stem the tide, a major scientific assessment said Monday. The failure is costing well over $400 billion dollars a year in damages and lost income — the equivalent to the GDP of Denmark or Thailand — and that is likely a «gross underestimation», according to the intergovernmental science advisory panel for the UN Convention on Biodiversity (IPBES). From water hyacinth choking Lake Victoria in East Africa, to rats and brown snakes wiping out bird species in the Pacific, to mosquitoes exposing new regions to Zika, yellow fever, dengue and other diseases, the report catalogued more than 37,000 so-called alien species that have taken root — often literally — far from their places of origin. That number is trending sharply upward, along with the bill for the damage multiplying fourfold per decade, on average, since 1970. Economic expansion, population increase and climate change «will increase the frequency and extent of biological invasions and the impacts of invasive alien species,» the report concluded. Only 17 percent of countries have laws or regulations to manage this onslaught, it said. Whether by accident or on purpose, when non-native species wind up on the other side of the world, humans are to blame. The spread of species is hard evidence that the rapid expansion of human activity has so radically altered natural systems as to tip the Earth into a new geological epoch, the Anthropocene, scientists say. The hyacinth that at one point covered 90 percent of Lake Victoria — crippling transport, smothering aquatic life, blocking hydroelectric dam intake and

Comex is closed for trading today on account of US Labour day. Gold futures ended at $1,965.35 per troy ounce on Friday, down by $1 or 0.05% while Silver futures closed at $24.530, lower by $0.003 or 0.010%. The DXY was trading at 104.16 against a basket of six top currencies, though the bias ws negative. The October Gold futures had ended with gains of Rs 36 or 0.06% per 10 gram at Rs 59,410 on Friday while the December Silver futures closed lower at Rs 75099, down by Rs 583 per kg or 0.77%. «Gold's value increased during the week due to optimism about the Federal Reserve ending its tightening cycle as the US jobs report showed controlled cooling in the labor market, with solid hiring, slower earnings growth, and more people returning to work,» Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said. On the daily chart, the October Gold contract is showing a pattern of higher highs and higher lows, which indicates a bullish sentiment while the RSI indicator is forming an upward trendline, suggesting that prices might move higher in the upcoming days, Qureshi said. The momentum indicator MACD has shown a positive crossover which signals bullish trends in the gold prices, this analyst said while putting resistance around Rs 59,600 — Rs 60,000 while support at Rs 59,150 — Rs 58,900 levels. Analyst Amit Khare Associate Vice President at Ganganagar Commodity sees some profit booking in gold with momentum indicator RSI indicating the same. His advice to traders is to book their long positions and they can make fresh short positions in gold and silver near a given resistance level.

Spaceweather.com. Two coronal mass ejections (CME) are expected to hit the Earth, said the report. “One CME is definitely heading for Earth, and there might be two.

gold closed almost flat at $1,940 on Friday as US treasuries fell, despite a weak monthly US job report. The surge in yields on Friday boosted the US dollar index, thus mitigating the impact of a weak job report. However, the yellow metal was up nearly 1.37% for the week as yields were lower in the week ending September 1. The US non-farm payroll report for August was softer than expected.

North Korea fired several cruise missiles towards the Yellow Sea in the early hours of Saturday, according to the South Korean military. Details of the launch were being analyzed by South Korean and U.S. intelligence authorities, South Korea's Joint Chiefs of Staff said in a statement. It was the latest in a series of missile tests and military exercises conducted by the North in recent weeks including a failed spy satellite launch late last month. Seoul announced sanctions on Friday on five North Korean individuals and one company in response to Pyongyang's launch of what it said was a space rocket last month. On Thursday state media KCNA reported that Pyongyang had conducted a simulated «scorched-earth» nuclear strike on targets across South Korea, drawing criticism from Seoul.

Gold rate today: On account of weak US economic indicators creating rate pause buzz by the US Fed in upcoming September meeting, gold prices witnessed sharp upside move in the later part of the week gone by. Gold future contract for the month of October 2023 on Multi Commodity Exchange (MCX) ended at 59,410 per 10 gm levels.

Investing.com-- Gold prices moved little on Friday, steadying near three-week highs as markets awaited more cues on U.S. monetary policy from nonfarm payrolls data due later in the day, while copper prices rose on positive Chinese factory data.

Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists.

By Lucia Mutikani

This is the first in a series of commentaries and analyses that former Wallaby captain Simon Poidevin will write for the Financial Reviewduring the Rugby World Cup in France.