• SENSEX
    NIFTY 50
Commodities
Powered by:

Another repo market liquidity injection for gold bulls to cheer

Updated : January 16, 2020 10:12 AM IST

The Fed not only injected some fresh liquidity but also noted that it “may keep adding temporary money to markets for longer than policymakers had expected in September.”
What is important is that the liquidity shortage in the US repo market was not a one-off event, but that it has become a structural problem.
The additional cash injections from the Fed are fundamentally positive for the gold market.
Another repo market liquidity injection for gold bulls to cheer
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV