New Delhi, April 17 (IANS) Equity net fund flows improved from Rs 41,934 crore in February to Rs 46,501 crore in March, marking an increase of about 11 per cent, a new report said on Friday.The report from Vallum Capital said total net asset flows swung sharply in March as investors rotated into equities but retreating to quality and simplicity, while leaving money‑market and fixed‑income funds.The report noted a sharp rebound in Indian equities that attracted Rs 59,629 crore of inflows. Sma…
Latest gold News & Updates
Mumbai, April 16 (IANS) Gold and silver prices rose on Thursday even after US President Donald Trump’s remarks on easing geopolitical tensions and the opening of the Strait of Hormuz.On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) climbed as much as 0.67 per cent or Rs 1,042 to hit an intraday high of Rs 1,54,990 by 10.57 a.m.Silver futures also jumped up to 1.58 per cent or Rs 3,993 to Rs 2,55,735, logging an intraday high.The yellow metal was trading at Rs 1,54,911, up Rs…
Mumbai, April 15 (IANS) Gold prices remained largely steady on Wednesday as improving prospects of easing geopolitical tensions between the United States and Iran kept investor sentiment in check.During early trade, MCX gold May futures were marginally higher by 0.02 per cent at Rs 1,53,305 per 10 grams.Commenting on gold technical outlook, experts said that a sustained move above Rs 1,55,000 could revive momentum toward Rs 1,57,000-Rs 1,58,000.“On the downside, a break below Rs 1,54,000 may l…
New Delhi, April 9 (IANS) Despite mounting risks from rising crude, a weaker rupee, India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-rewar…
Mumbai, April 5 (IANS) The Indian stock markets appear to be transitioning into a consolidation phase with high volatility and low visibility, according to analysts.Global developments continued to dictate market direction, particularly the evolving US-Iran conflict, which kept crude oil prices volatile and elevated. This, in turn, raised concerns over inflation and fiscal stability for import-dependent economies like India.“While domestic flows and technical supports are providing stability, …
New Delhi, March 31 (IANS) Gold and silver prices are likely to open higher in Tuesday’s evening session amid hopes of de-escalation in the West Asia conflict.Tracking global cues, spot gold jumped as much as 2.39 per cent to $4,619.14 per ounce as of 11 A.M., while US gold futures for June delivery gained 2 per cent to $4,649.26.Similarly, spot silver advanced 4.82 per cent to $73.48 per ounce, while COMEX silver traded at $73.705, up 4.44 per cent from the previous close.On Monday, MCX gold …
Mumbai, March 29 (IANS) The Indian stock market ended the week on a weak note, extending its losing streak for the fifth straight week, as rising crude oil prices, a falling rupee and escalating tensions in the Middle East dampened investor sentiment. These global factors are now expected to remain the key triggers for market movement in the coming week.On Friday, (March 27), both benchmark indices — Sensex and Nifty — saw sharp declines of over 2 per cent each.The Sensex plunged 1,690 points,…
New Delhi, March 27 (IANS) India’s gold market is shifting toward investment‑driven demand as high prices weigh on jewellery consumption, a report said on Friday.The joint report from ICRA and Assocham said that India’s gold jewellery demand declined about 26 per cent year‑on‑year in the first half of FY26, with a 15 per cent rise in demand for bars and coins partly offsetting the dip.Global gold jewellery consumption fell 15 per cent in FY25 and a further 17 per cent in the first half o…
Mumbai, March 24 (IANS) Gold and silver prices witnessed a sharp decline on Tuesday, even as hopes of de-escalation in the West Asia conflict weighed on safe-haven demand after the US President announced a temporary pause on potential strikes targeting Iran’s energy infrastructure.On the Multi Commodity Exchange (MCX), gold futures (April 2) fell as much as Rs 2,576 or around 2 per cent to hit an intra-day low of Rs 1,36,684 per 10 grams by 10:40 am. The yellow metal was last trading at Rs 1,3…
New Delhi, March 23 (IANS) Global oil prices plunged sharply on Monday, with Brent crude falling over 13 per cent, after US President Donald Trump announced a temporary halt on military strikes against Iran and said talks between the two countries were “productive”.Brent crude futures dropped by around $17, or nearly 15 per cent, to touch a session low of $96 per barrel, while US West Texas Intermediate crude fell about $13, or 13.5 per cent, to $85.28.The sharp fall came as fears of supply …