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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…
Source: Live Mint The Indian stock market benchmark index Nifty 50 is expected to reach 26,100 level by December 2025, Kotak Securities said in its Market Outlook 2025 report, while maintaining a ‘cautiously optimistic’ approach on the domestic equities. The Nifty 50 target for 2025 represents a 6% increase from its closing level on Tuesday….
Source: Live Mint Gold rate today: Following the cautious tone of the US Fed chairman Jerome Powell on an interest rate cut that strengthened the US dollar, gold prices logged a decline in the international market for the second straight week. However, gold prices registered marginal gain in the domestic market despite the Indian National…
Source: Live Mint Gold rate today: After rising for three straight months, gold prices in India registered around 2.60 per cent dip in November 2024. This pullback in the precious yellow metal was driven by the announcement of a ceasefire agreement between Israel and Hezbollah and the rising US dollar rates. However, commodity market experts…
Source: Live Mint Gold prices on MCX opened sharply lower on Thursday tracking weakness in international bullion prices that hit a two-month low amid a stronger US dollar. Silver prices also dropped by more than 1%. At 9:05 am, MCX gold rate traded lower by ₹609, or 0.82%, at ₹73,873 per 10 grams, while MCX…
Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
