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Here's how to trade Gold on February 19; Check support, target and more

Business Standard LogoBusiness Standard3d ago

Here's how to trade Gold on February 19; Check support, target and more - Business Standard

Quick Summary:

Patrick Harker, the Philadelphia Fed President said that he remains optimistic that inflation will continue a downward path and the policy rate will be able to decline over the long run.

The US Dollar Index rose to 107.05, a three-day high, as yields shot up, and was up around 0.45 per cent on the day.

Federal Reserve Bank of San Francisco President Mary Daly said policy needs to remain restrictive as more progress on inflation is required, though she expects that inflation will continue declining over time.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 10:22:53 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26265670

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 167 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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