Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Trading news
Back
5 Feb 2020

Govt Source: India's Jan gold imports plunge 48% to four-month low on record prices – Reuters

An Indian government source said late Tuesday that the country’s gold imports plunged 48% in January over the year, per Reuters.

The imports for the yellow metal fell to its lowest in four months as buyers shunned their purchases amid record-high local prices.

Key Details

“India imported 36.26 tonnes of gold in January, compared with 69.51 tonnes a year earlier.

In value terms, January imports totalled $1.58 billion, down from last year’s $2.31 billion.

Gold futures in India hit a record high 41,293 rupees per 10 grams in January after rising nearly a quarter in 2019.”

Meanwhile, a bullion division head of a private bank said: “Consumers are struggling to adjust with higher prices. They have risen too much, too fast. Many potential customers are delaying purchases hoping prices will correct.”

Gold bid in Asia

Gold (futures on Comex) are seen on the bids around $1560 amid negative Treasury yields and S&P 500 futures. However, the further upside appears capped by the risk-on rally in the Asian equities.

China’s coronavirus-related news will continue to play a key role in the broader market sentiment.

Feb 5, 2020

Upside risks to EUR/Asia crosses but not on EUR strength - ANZ

ANZ analysts see upside risks to EUR/Asia pairs as the coronavirus outbreak is likely to impact Asian economies more than the Eurozone. Key points We
Read more Previous
Feb 5, 2020

USD/CAD Price Analysis: Positive above resistance-turned-support trendline

USD/CAD takes the bids to 1.3295 during the early Wednesday. The pair recently took a U-turn from a multi-month-old support line.
Read more Next