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Gold extends losses on firmer dollar

Published

9 years ago

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Chicago: Gold futures on the COMEX division of the New York Mercantile Exchange extended losses as the US dollar continued to strengthen.

The most active gold contract for December delivery lost $9.10 (0.80 percent) on Thursday to settle at $1,124.50 per ounce, reported a news agency.

The European Central Bank (ECB) decided to leave key interest rates unchanged and increase the issue share limit.

ECB President Mario Draghi said the issue share limit would be raised from the initial limit of 25 percent to 33 percent.

Analysts said the ECB’s decision helped the US dollar continue to move higher against euro and other major currencies, pressing gold futures to settle lower.

The US stocks traded higher as investors tried to digest a batch of mixed economic reports. FTSE 100 Index, the British benchmark stock market also closed higher on Thursday, which also weighed on gold futures.

Analysts also said gold settled lower amid thin trade as investors wait for a key US jobs report to gauge the timing of a Federal Reserve rate hike.

As for the other metals on the Comex, silver for December delivery rose 4 cents (0.27 percent) to close at $14.707 per ounce.

Platinum for October delivery lost $3.50 (0.35 percent) to close at $1,010.10 per ounce.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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