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Source: Live Mint he US Federal Reserve’s FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic uncertainty and inflationary pressures on the US economy. The central bank kept its interest rate unchanged for the third straight policy meeting…
Source: Live Mint US Fed Meeting LIVE: The United States’ Federal Reserve has kept its key benchmark interest rates “unchanged” since December 2024 amid global uncertainty caused by the raging trade war, a slowing economic growth in the nation, and unstable inflation trends. US Fed Chairman Jerome Powell is poised to announce the results of…
Source: Live Mint Gold rate today: Following the escalating US-China trade war tensions and a weakening US dollar after an unexpected shift in Donald Trump’s tariff policy, gold prices climbed to a new peak in domestic and international markets. MCX gold rates settled at ₹93,887 per 10 gm after hitting a new high of ₹93,940…
Source: Live Mint Gold rate today: After climbing to a new peak of ₹89,796 per 10 gm, MCX gold rate witnessed some profit-booking during weekend sessions, ending around ₹2,000 lower at ₹87,785 per 10 gm, logging over 14% YTD rally. In the international market, spot gold prices finished at $3,023.63 per ounce after hitting a…
Source: Live Mint The US Federal Reserve’s decision to keep its policy rate unchanged in the 4.25%-4.50% range, along with its guidance for two rate cuts in 2025, has triggered fresh discussions on how central banks across the globe, including the Reserve Bank of India (RBI), will respond. The RBI had initiated the repo rate-cut…
Source: Live Mint The US Federal Reserve meeting begins on March 18, with the outcome due on March 19. The Federal Open Market Committee (FOMC) is deliberating on policy rates and its stance at a time of heightened market volatility, with the risks of rising inflation and slowing growth looming due to US President Donald…
Source: Live Mint Asian markets reversed initial gains and declined on Thursday, as concerns over the economic impact of US President Donald Trump’s trade policies outweighed optimism from cooler US inflation data. Despite overnight gains on Wall Street, investor sentiment in Asia remained cautious. Wall Street Performance Overnight, US equity markets closed mostly higher after…
Source: Live Mint Gold rate today: Following the dip in the US dollar rates after US President Donald Trump’s jibe for a US Fed rate cut ahead of the first monetary policy meeting on Wednesday next week, gold prices skyrocketed on Friday and touched a new peak in the domestic market. Spot gold price missed…
Source: Live Mint Gold price today: Despite soaring US dollar rates, gold prices in the domestic and international markets continued to scale northward in the week gone by. The MCX gold rate finished at ₹79,019 per 10 gm on Friday, logging around 0.80 per cent weekly gain against the previous Friday’s close of ₹78,400 per…
Source: Live Mint Gold price today: Despite the US Fed’s signalling rate cut at a slower pace amid sticky US inflation and a strong labour market, the MCX gold rate registered gains for the third week in a row. Gold futures contract on MCX for February 2025 expiry finished at ₹78,400 per 10 gm, logging…
