Author: Admin

  Euro Dollar – U.S. Dollar Index (USDX) Euro Dollar The U.S. Dollar Index (USDX) may not be the most actively traded instrument in the forex world, but it remains one of the most valuable indicators for currency traders. Even if you never place a trade directly on the index, understanding how it works and how its movements correlate with major currency pairs—can give you a powerful edge. Think of it as a missing puzzle piece that helps you make clearer, more confident trading decisions. What Is the U.S. Dollar Index (USDX)? The U.S. Dollar Index (USDX) measures the value…

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Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet.The price for Gold stood at 38,377.77 Pakistani Rupees (PKR) per gram, up compared with the PKR 38,324.56 it cost on Thursday.The price for Gold increased to PKR 447,624.40 per tola from PKR 447,010.20 per tola a day earlier.Unit measureGold Price in PKR1 Gram38,377.7710 Grams383,712.60Tola447,624.40Troy Ounce1,193,706.00FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

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  Gold’s Rise as a Global Currency Why is Gold valuable Gold has always held a unique place in global finance, but recent trading trends suggest something even more significant is happening. A decade ago, I wrote an article questioning whether gold was evolving beyond its traditional role as a commodity. Today, ten years later, the question is more relevant than ever: Is gold quietly becoming a major global currency? With explosive growth in spot gold trading, rising participation from retail traders, and forex brokers treating gold nearly identically to established currencies, the transformation underway is hard to ignore. Below,…

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United States (US) Treasury Secretary Scott Bessent said that he would, going forward, press for the Fed’s Board of Governors in Washington to veto appointments of candidates who have not satisfied that threshold at the New York Times DealBook Summit on Wednesday.Key quotesFed chair has room to start discussion on policy but has one vote.No one understands Fed’s balance sheet function.Regional Fed banks don’t necessarily represent their districts. Going to start advocating that Fed bank presidents should have lived in their districts for at least 3 years.I am advocating that Fed regional bank presidents must have lived in their districts…

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When you think of America’s jewelry industry, cities like New York and Los Angeles might come to mind. But for more than a century, Providence, Rhode Island quietly held the title of the “Jewelry Capital of the World.” At the center of it all was the city’s Jewelry District, a powerhouse of craftsmanship, innovation, and industry that helped shape American jewelry manufacturing as we know it. As part of our series exploring historic and modern jewelry districts around the world, we’re highlighting Providence’s role in the evolution of the trade and how today’s jewelers can continue that legacy with smarter…

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