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August 22, 2024 New Delhi, India Gold Prices Today Gold prices have retreated from their record highs in Asian trade on Thursday as the recent rally in the precious metal cooled off. The market’s attention is now focused on potential U.S. interest rate cuts and rising fears of a recession, which have driven much of…
August 21, 2024 New Delhi, India Gold prices Gold prices surged to a new all-time high on Tuesday, driven by a dovish stance from the US Federal Reserve and geopolitical tensions. The safe-haven metal remains strong, with investors watching for further cues on the Fed’s rate-cut path. Gold Price Movement: On Wednesday, gold prices (XAU/USD)…
August 19, 2024 New Delhi, India Gold Prices Today Gold prices continued their upward trajectory on Monday, fueled by growing speculation of a potential US Federal Reserve rate cut. On the Multi Commodity Exchange (MCX), gold opened with an upside gap at ₹71,458 per 10 grams and quickly climbed to an intraday high of ₹71,644,…
August 10, 2024 New Delhi, India Oil Price Surge Oil markets experienced a significant uptick this week, with prices rising over 3% amid encouraging U.S. economic data and growing expectations of a potential Federal Reserve rate cut. The combination of these factors, along with ongoing geopolitical tensions, has provided a strong foundation for the rally,…
August 1, 2024 New Delhi, India Key Highlights: 1. Record Highs: Indian shares continued their upward momentum on Thursday, with the Nifty index surpassing the 25,000-point threshold for the first time. The Sensex also hit a record high of 82,000 during intraday trading, closing 126 points higher, marking its fourth consecutive day of gains. This…
July 29, 2024 New Delhi, India Market Overview: Sensex Today: The Indian benchmark equity indices, Sensex and Nifty 50, experienced flat trading on Monday, influenced by mixed sectoral performances. The Sensex fell by 50 points, while the Nifty hovered around the 24,800 mark. Key sectors like IT and FMCG faced selling pressure, while auto, capital…
July 29, 2024 New Delhi, India Gold prices(XAU/USD) Gold prices climbed on Monday, driven by heightened geopolitical tensions in the Middle East and growing expectations of a U.S. rate cut in September. The focus now shifts to the Federal Reserve’s policy meeting later this week. Key Highlights: Spot Gold: Spot gold increased by 0.3%, reaching…
July 26, 2024 New Delhi, India On Friday, the Indian equity market benchmarks Sensex and Nifty made a robust comeback after a five-day losing streak. This recovery was fueled by value buying at lower prices and strong performances from major blue-chip stocks such as Infosys, Tata Consultancy Services (TCS), and Reliance Industries. Market Performance: Sensex:…
July 25, 2024 New Delhi, India WTI Crude Oil Price Oil prices eased on Thursday as concerns over weak demand in China, the world’s largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains from the previous session after draws in U.S. inventories. Market Overview: Brent Crude and WTI…
July 18, 2024 New Delhi, India Stock Market Today Indian shares recovered from initial declines to achieve record highs on Thursday, driven by strength in information technology stocks. The rally was spurred by positive earnings from software services provider LTI Mindtree, which exceeded revenue expectations for the June quarter. Highlights: The BSE Sensex and NSE…
