anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

Commodity News Details
Bullion retreats on Fed calm and firming greenback
17-Jul-2025 13:58
Gold prices tripped by nearly 1% at $3,330 per ounce on Thursday, reversing previous gains as the US dollar strengthened following reduced uncertainty over Federal Reserve leadership. President Trump denied reports of considering Fed Chair Jerome Powell's removal, though he reiterated his dissatisfaction with current rate policy. The dollar index climbed to 98.5, regaining momentum after a volatile session linked to concerns over Fed independence. Meanwhile, a flat US PPI reading for June suggested muted wholesale price pressures, easing fears of tariff-driven inflation and reducing demand for safe-haven assets. On the domestic front, MCX August gold futures dropped over 0.5% to ₹97,206 per 10 grams, tracking the global pullback.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.