The FinTech Hub
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…
Source: Live Mint Indian stock market: The correction in the Indian stock market, which began in October last year, remains relentless as a confluence of factors—including stretched valuations, weak quarterly earnings, a strengthening US dollar, rising bond yields, and slowing economic growth—continues to keep investors nervous. On a monthly scale, the benchmark index, Nifty 50,…
Source: Live Mint Gold rate today: The yellow metal continued to shine at the onset of the new year, building on its impressive performance in 2024. After delivering over 20 per cent return in the domestic market in 2024, gold prices witnessed buying interest last week and ended around 0.74 per cent higher in the…
Source: Live Mint Gold rate today: The yellow metal witnessed some buying interest in the early morning session on Thursday despite investors waiting for the US data to get a clear picture about the US Fed rate cut and the US economy. MCX gold rate (February 2025 contract) today opened upside at ₹77,000 per 10…
Source: Live Mint In the stock markets, what lies ahead often matters more than what has already been done. If this sounds perplexing, consider the US Federal Reserve’s policy decision on December 18. The Fed lowered benchmark interest rates for the third time in a row, cutting by 25 basis points. Yet, major markets across…
Source: Live Mint The Indian stock market witnessed a sharp rebound despite volatility and logged its fourth consecutive weekly gain – the longest such streak since July end, driven by a combination of improving global and domestic sentiments. In the third week of December, investors will closely monitor key market triggers, including US Fed interest…
Source: Live Mint Gold Prices Today: The yellow metal declined in global markets on Friday, December 13, after bullion hit a more than five-week high in the previous session and as the US dollar gained, but prices were on track for a weekly gain, driven by expectations of an interest rate cut by the US…
Source: Live Mint Gold rate today: After climbing to the five-week high, gold price slipped on Friday after the profit-booking trigger. The MCX gold rate for the February 2024 future expiry finished at ₹77,130 per 10 gm, ₹2,645 away from the lifetime high of ₹79,775 per 10 gm. In the international market, spot gold price…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following losses in global markets. Asian markets traded lower, while the US stock market fell overnight after the release of key economic data. The US producer prices rose more than forecast in November,…
Source: Live Mint Although US CPI inflation recorded its sharpest increase in seven months, it aligned with forecasts and did not disrupt expectations of a 25 bps rate cut by the US Federal Reserve next week. However, the November inflation data highlighted that the Fed still faces significant challenges in bringing inflation below its 2…
