Gold Prices Fell

Axiance | 2022-03-28 16:36

Abstract：In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday.

In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday. Tonight, the US central bank is expected to announce its first interest rate hike in three years to tackle soaring inflation. The prices dropped this morning during the Asian hours.The safe-haven assets such as the precious metals gained some support as fighting in Ukraine shows no sign of abating.Now, gold trades at $1925.78, which is an advance of $4.93 or 0.26% from the previous close of 1920.85. The daily trading range is from $1918.12 to 1928.84, while the trading volume is 44.69K.Kiev rejected Russian calls to surrender the city of Mariupol, and there seems to be no end of the war of the very near run.

Two Fed officials called the central to follow o a more aggressive approach against inflation figures. Fed Chairman Jerome Powell and Atlanta Fed President Raphael Bostic are due to report later today. In the meantime, palladium added 2.8% to $2,561.25 per ounce. Silver added 0.4% and platinum rallied 0.8%.

Higher US Treasury yields also put pressure on the yellow metal. Gold is highly sensitive to rising US interest rates, and consequently higher yields on benchmark US 10-year Treasury notes which increase the opportunity cost of holding non-yielding bullion.

Broker Dealer knowledge Forex news Forex Analysis

Related broker

Not Regulated

Axiance

Company name：Aerarium Limited

Score

1.44

Website：https://axiance.com/

5-10 years | Questionable Regulatory License | Suspicious Operational Region | Derivatives Trading License (EP)

Score

1.44

Rupee Ends 13 Paise Up at 95.15 After RBI Holds Repo at 5.25%: The Effect of a Weak USD, Cooler Oil

The Indian rupee settled at 95.15 against the US dollar on 5 August 2026, gaining 13 paise after the Reserve Bank of India's Monetary Policy Committee voted 6-0 to keep the repo rate unchanged at 5.25 percent for the third time in a row in FY27. The rupee had opened 46 paise higher, rallied to an intraday strongest of 94.89 ahead of the policy decision, and then drifted back as RBI Governor Sanjay Malhotra noted that the currency 'has not appreciated as intended despite the high flows from foreign shores.' A weak dollar index, a sharp pullback in Brent crude from above USD 100 in July, and net FII equity inflows of Rs 2,447 crore on Tuesday combined to support the rupee. USD-INR is expected to trade in a 94.80-95.50 band in the near term.

Original 2026-08-07 18:43

Errante Review 2026: Users Claim a Poor Trading Experience. What Does Our Investigation Reveal?

Errante, a Seychelles-based brokerage entity, is facing serious trading allegations from users globally. Users claim to have earned profits legitimately using their strategies. However, on the Errante login dashboard, many users reported an automatic deduction of earned profits. At the same time, withdrawal issues allegedly haunt many traders here. While investigating, we also found complaints concerning trade order manipulations by the broker. In this Errante review, we have examined these allegations and given an overview of its regulatory status.

Original 2026-08-06 22:20

Monisha Chakraborty Appointed as RB Executive Director: What Does This Mean for India's FX Market?

The Reserve Bank of India has appointed Monisha Chakraborty as Executive Director with effect from 3 August 2026; she will oversee the Foreign Exchange Department and the Financial Markets Regulation Department. Chakraborty is a career central banker with over three decades of experience in Supervision, Foreign Exchange, and Government and Bank Accounts, and previously served as Banking Ombudsman. This report explains the significance of the new RBI Executive Director appointment for forex regulation India, the scope of the Foreign Exchange Department and the Financial Markets Regulation Department, and what authorised persons, banks, and forex market participants should monitor as the new ED takes charge.

Original 2026-08-06 20:10

Forex Liquidity Provider in 2026: How to Choose One Your Brokerage Can Actually Operate

A forex liquidity provider decision now shapes the broker's spreads, fills, slippage, hedging cost, regulatory exposure, and exit options long after the platform is chosen. This 2026 guide explains what a forex LP actually delivers versus what the marketing claim says, how tier-1 banks, prime of prime, and multi-LP aggregators differ in practice, and how execution models (DMA, ECN, STP) change the broker's daily operating reality. It also walks through due diligence on credit, technology, reporting, governance, and exit, and shows how a 2026 broker can combine a primary LP with secondary routing without losing control of the client experience. Use the decision matrix, integration timeline, and operational tests to compare an fx liquidity provider before contract signature, not after a market event.

Original 2026-08-06 19:44