New Delhi, April 4 (IANS) Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak.Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion.The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams.This places gold prices in India around Rs 31,000 lower than their all-time high of …
Latest Non-farm Payrolls News & Updates
Mumbai, April 1 (IANS) Indian stock markets ended Wednesday’s session on a strong note, although they gave up a large part of their early gains as optimism around easing tensions between the US and Iran faded later in the day.The benchmark indices Nifty and Sensex both closed higher, snapping their two-day losing streak.The Nifty settled at 22,679.40, up 348 points or 1.56 per cent, while the Sensex rose 1,186.77 points or 1.65 per cent to end at 73,134.34.Commenting on Nifty technical outlook…
New Delhi, Feb 11 (IANS) Gold prices surged moderately, while silver surged sharply on Wednesday, buoyed by hopes of a more accommodative Federal Reserve amid soft US consumer spending data.MCX gold April futures climbed 0.71 per cent to Rs 1,57,909 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 2.67 per cent to Rs 2,59,300 per kg.The dollar index eased to 96.59 on Wednesday from 96.80 in the previous session, making greenback-backed bullion slightly cheaper for o…
New Delhi, Feb 10 (IANS) Gold and silver prices dipped moderately on Tuesday due to a stronger dollar and profit booking, even as geopolitical uncertainties extended medium-term support to precious metals.MCX gold February futures dipped 0.33 per cent to Rs 1,57,550 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.92 per cent to Rs 2,57,567 per kg.Earlier, silver prices dipped over 2 per cent to its day’s low of Rs 2,57,100 per kg and gold prices dipped 1.3 per …
Mumbai, Jan 4 (IANS) The Indian stock market is expected to stay active in the coming sessions as investors assess a combination of domestic economic signals and global developments. With the Q3 earnings season approaching, market sentiment will be guided by key data releases, geopolitical developments and trends in commodities and currencies.Commenting on Nifty technical outlook, an analyst said that “on the upside, immediate resistance is placed at 26,400, followed by 26,500 and 26,600, whil…