Domestic brokerage house Motilal Oswal Financial Services (MOFSL) has revised its target price for silver, recommending a ‘buy on dips’ strategy. In a recent note, MOFSL set a new target price of ₹1,25,000 from a 12-15 month perspective, reflecting increased confidence in the precious metal’s performance. Silver, traditionally considered a […]
precious metals
Gold prices surged over 1 per cent, reaching their highest level in two weeks, on T. This increase was fueled by recent U.S. economic data indicating a slowdown in the world’s largest economy, which heightened expectations of interest rate cuts by the Federal Reserve later this year. At 10:04 a.m. […]
Copper soared to a new record high, continuing a months-long rally fueled by financial investors who have entered the market expecting supply shortages. Futures on the London Metal Exchange surged up to 4.1 per cent, reaching $11,104.50 per ton and surpassing the previous record set in March 2022. The global […]