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Source: Live Mint Wall Street Today: A gauge of global stocks climbed on Thursday for the first time in three sessions while U.S. Treasury yields dipped as an inflation reading fueled expectations the Federal Reserve’s preferred measure of prices might be cooler than anticipated. The Labor Department said the producer price index (PPI) for final…
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 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: The release of the US CPI data significantly impacted gold prices, leading to a continued rally on Friday last week. The MCX gold rate closed higher at ₹76,307 per 10 gm, while the spot gold price surged over one per cent to $2,657.26 per ounce. The COMEX gold price…
Source: Live Mint Stock market today: Indian market ended Friday’s session lower, weighed down by auto and banking stocks. Although pharma and metal stocks provided some support, it was insufficient to lift the indices higher. Consequently, the Nifty 50 closed the session with a drop of 0.14%, finishing below the 25,000 for the third straight…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Friday tracking a mixed trend in global markets. Asian markets traded higher, while the US stock market ended lower after the inflation rose higher than expected. On Thursday, the Indian…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
