Gold has outshone equity markets in the first half of calendar year 2024, defying expectations and showcasing its resilience. Spot gold prices on the Multi Commodity Exchange surged 14%, outpacing the benchmark Nifty50 index. Globally, the yellow metal climbed nearly 13% during the period, reaching $2,380 per ounce. This rally […]
geopolitical tensions
Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes. About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the […]
Oil futures saw an increase on Monday following Saudi Arabia’s decision to raise June crude prices for most regions. Additionally, concerns grew over the possibility of a ceasefire agreement in Gaza, leading to renewed fears of potential escalation in the oil-rich region due to the Israel-Hamas conflict. Brent crude futures […]