Gold prices in India: Rates as of August 22
On Friday, gold prices saw a decline, based on the data gathered by FXStreet. The price for gold now stands at 9,359.91 Indian Rs (INR) per gram, which is lower than Thursday’s price of 9,386.46 INR. The value per TOLA has dropped to 109,172.20, compared to 109,481.90 the previous day. Unit Measure INR gold prices […]
Gold prices decline as markets await Powell at Jackson Hole
Xau/USD has decreased by 0.30% as traders look forward to Powell’s speech at Jackson Hole. The US PMI indicates stronger growth at an annual rate of 2.5%, yet unemployment has surged to its highest level since mid-2021. Federal Reserve officials have expressed concern that inflation poses a greater risk than employment issues, leading to tighter […]
Gold prices in India: Rates on August 21
Gold Prices Drop On Thursday, gold prices dipped according to FXStreet’s recent data. The current rate for gold sits at INR 9,341.17 per gram, down from INR 9,360.45 the previous day. In terms of TOLA, prices fell from INR 109,178.40 to INR 108,953.60. Unit Measure INR Gold Prices 1 gram 9,341.17 10 grams 93,411.68 TOLA […]
Sony raises PlayStation prices by $50 due to tariffs affecting US gamers
Sony has announced a $50 price increase for all PlayStation 5 consoles, resulting in a new price of $550 for U.S. customers. This shift is largely attributed to tariffs imposed during Trump’s administration. The Japanese gaming giant revealed that starting Thursday, the price of the PS5 will rise from $500. This increase implicitly criticizes the […]
Oil Data Indicates a Tight Summer Market for Crude Oil Prices Today
Global Oil Demand Surges Amidst Slow Production Growth In June, global oil demand saw an increase of over 1 million barrels per day compared to May. However, the rise in production was only half that amount, resulting in stock levels falling below the five-year average, according to the latest data from the Joint Organization Data […]
McDonald’s plans to reduce combo meal prices, even though it conflicts with franchisees about expenses.
McDonald’s is set to lower prices on its combo meals amid rising costs that have been challenging for restaurant operators. Many have expressed concern over maintaining menu affordability. The franchise in the U.S. has agreed to keep the prices of eight popular combos at under 15% of the total price of individual items, as per […]
UK Consumer Price Index expected to indicate prices increasing significantly above Bank of England’s target.
The UK’s National Statistics Bureau will publish its July CPI data on Wednesday. Inflation as measured by CPI is expected to exceed the July target set by the Bank of England (BOE). GBP/USD has seen a slight bear correction before this release. The UK June Consumer Price Index (CPI) is set to be released on […]
Home Depot indicates it might increase prices due to tariffs.
Home Depot has indicated that prices on select products may rise as a result of tariffs imposed by the Trump administration on imports. The largest home improvement retailer in Japan mentioned this during their revenue call on Tuesday. Although certain categories will be impacted, company executives described the changes as cautious rather than sweeping. Richard […]
Almost one-third of businesses intend to increase prices in the next six months, according to a report.
A recent study indicated that nearly one-third of US businesses are likely to increase prices before the end of this year, as they navigate through rising costs and inflation. More than 30% of companies surveyed by LendingTree mentioned they anticipate higher prices in six months. In contrast, about 5% expect a price decrease, while 65% […]
Gold prices in India: Rates on August 19
Gold Prices in India Experience a Rise On Tuesday, gold prices in India saw an increase, according to data from FXStreet. The price rose to INR 9,366.07 per gram, up from INR 9,352.03 on Monday. Additionally, gold prices climbed from INR 109,070.20 per tola to INR 109,234.00. Unit Measure Gold Prices (INR) 1 gram 9,366.07 […]