US Election Aftermath: Why gold prices may see short-term correction; A look at bullion trends across Presidential terms | Stock Market News

US Election Aftermath: Why gold prices may see short-term correction; A look at bullion trends across Presidential terms | Stock Market News

Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…

Read More
Week Ahead: Q2 earnings, US election results, IPO action, FII activity, US Fed policy, among key market triggers | Stock Market News

Week Ahead: Q2 earnings, US election results, IPO action, FII activity, US Fed policy, among key market triggers | Stock Market News

Source: Live Mint The Indian stock market faced selling pressure throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The challenges compelled the frontline indices to enter the bear market just a few days before Diwali 2024. However, the Muhurat Trading session, which kicked off Vikram Samvat 2081,…

Read More
Week Ahead: Auto sales, SEBI board meet, FII inflows, global cues among key market triggers as Nifty eyes 26,500 | Stock Market News

Week Ahead: Auto sales, SEBI board meet, FII inflows, global cues among key market triggers as Nifty eyes 26,500 | Stock Market News

Source: Live Mint The Indian stock market closed September on a remarkably positive note after picking up an invincible bullish rally largely driven by strong global cues. As the new month begins, investors will closely monitor key market triggers such as domestic and global macroeconomic data, auto sales data, second-quarter corporate updates, market watchdog’s board…

Read More
Oil gives up US Fed rate cut gains, sheds 3% on OPEC+ December output hike bets; Brent drops to /bbl | Stock Market News

Oil gives up US Fed rate cut gains, sheds 3% on OPEC+ December output hike bets; Brent drops to $71/bbl | Stock Market News

Source: Live Mint International crude oil prices reversed their gains picked after the US Federal Reserve’s supersized interest rate cut and dropped over three per cent on Thursday, September 26, on a media report that Saudi Arabia, the world’s top crude exporter, will give up its price target in preparation for raising output. Brent crude…

Read More