Indian stock market continued its record bull run picked up since June-end led by return of foreign inflows, albeit few phases of consolidation with the new earnings season. Bulls have tightened their grip on D-Street after a spectacular month-opening ahead of the Union Budget 2024 scheduled for later this month. […]
US Fed rate
Gold rate today: Following a crack in the US dollar rate and the US bond yield after a dip in the US inflation from 3.30 percent to 3.0 percent, gold prices worldwide witnessed strong buying interest last week. On a weekly basis, the precious yellow metal logged around a 2 […]
Gold rate today: Because of rising optimism for the US Fed rate cut and weakness in the US dollar rates, gold price in the international market scaled to a six-week high at the $2,391 per ounce mark. In the domestic market, gold futures contract on the Multi Commodity Exchange (MCX) […]
Trade setup for Tuesday On the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “Nifty continued to show range-bound action within 23,300 to 23,500 levels, and still, there are no early signs of any breakouts on either side. A decisive move above 23,500 levels […]
Gold rate today: On account of hawkish US Fed on interest rate fueling US dollar rates, gold price today witnessed a sharp fall in the early morning session. Gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened with a downside gap at ₹71,475 per 10 […]
The US Federal Reserve is poised to announce its key policy decision later today, with significant anticipation surrounding the central bank’s timing for potential interest rate cuts for the remainder of the year. In today’s decision, there is a near consensus that the Jerome Powell-led FOMC will maintain the interest […]
Gold rates today continue to remain under the sell-off heat as investors keenly anticipate the outcome of the highly influential US Fed meeting, which is commencing today. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened lower at ₹71,251 per 10 gm and touched […]
The Indian equity market, a key player in the global financial landscape, experienced a significant shift in the wake of the Lok Sabha elections. Nifty and Sensex indices made substantial gains, surging over 6 per cent since the close on election results day, June 4. In 2024, Nifty saw a […]
Gold rate today witnessed strong buying in the early morning session. Gold price today opened downside on the Multi Commodity Exchange (MCX) and touched an intraday high of ₹72,320 per 10 gm mark. Today, COMEX gold prices oscillate around $2,358 per troy ounce in the international market. This trend is […]
Gold rate today: Following the ease in the Iran-Israel conflict and a dent to the US Fed rate cut buzz in the near term, gold price declined for the second straight week. Gold future contract for June 2024 expiry on the MCX finished at ₹70,677 per 10 gm, logging a […]