Gold is seen benefiting despite a good bounce in dollar on Monday. A weaker undertone in equities depicting a risk off sentiment across the globe is improving appeal for the safe haven commodity. The US Dollar Index (DXY) holds at fresh multi-week highs near 103.00 and the benchmark 10-year US Treasury bond yield stays in positive territory at around 3.55%. Meanwhile, COMEX gold is seen quoting at $1885.00, up 0.44% on the day. Asian stocks fell broadly on Monday. European stocks were also moving lower on Monday amid increased tensions between the U.S. and China after the U.S. military on Saturday shot down a suspected Chinese spy balloon off the Carolina coast. Robust U.S. jobs data released on Friday also fanned fears of more interest rate hikes to slow economic activity and cool inflation.
Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.
Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.
While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.
The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.
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