Oct 7, 2024 · Shares of Senco Gold soared 10% during early trading today, reaching a day’s high of Rs 1,544 on the NSE. The rally came in response to the company’s announcement on Friday that its board had approved a qualified institutional placement (QIP) of …

Sep 10, 2024 · Gold Monthly Forecast: We believe the most anticipated US rate cut in decades will bring fresh impetus to gold prices.We have revised our gold forecast higher, and we now expect prices to average $2,700 in 2025.. Gold has been one of the best performers among major commodities this year. It has surged more than 20% year-to-date, supported by expectations of an interest rate cut from the ...

Dec 30, 2024 · Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment.MCX Gold for February 5 expiry traded 0.24 per cent higher at ₹76,731 per 10 grams around 9:55 AM. ...

Jan 8, 2025 · Gold Outlook in 2025: Gold will be up against three major events in the first two months of 2025 and experts point out the likelihood of volatility.First will be Donald Trump taking charge as the US President and we have seen how DXY and bond yields have moved. The other two factors are domestic — one is the Union Budget 2025 and the other is the Reserve Bank of India (RBI) MPC under a new ...

Aug 31, 2024 · Financial markets in the US will remain closed in observance of the Labor Day holiday on Monday. On Tuesday, the ISM Manufacturing Purchasing Managers Index (PMI) for August will be featured in the US economic docket. Investors expect the headline PMI to edgehigher to 47.8 from 46.8 in July.

Nov 15, 2024 · Gold edged higher to above $2,629 on Thursday, rebounding from the three-week low of $2,608 from the prior session as markets digested a batch of fresh economic data for insights on the Fed’s policy path in upcoming decisions.. Ratan Naval Tata Passes Away Updates: Final rites of legend industrialist Ratan Tata performed with full state honours; Tata Motors Share Price Today on : Tata Motors ...

Jan 16, 2025 · Sterling fell in European trade on Thursday against a basket of major rivals, resuming losses after a two-day hiatus and approaching a 14-month nadir. The pound is still under pressure due to the prospects of lower UK interest rates in February, as investors await crucial growth data later today to ...

Dec 5, 2024 · Gold price News: Expectations for a less dovish Federal Reserve (Fed) trigger a modest bounce in the US Treasury bond yields and cap the upside for the non-yielding Gold price.In fact, comments from several FOMC members on Wednesday, including Fed Chair Jerome Powell, suggested that the US central bank will adopt a cautious stance on cutting rates.

Oct 11, 2024 · Gold prices (Yellow Metal) extend their momentum from the prior day’s mixed macroeconomic signals from the United States, rising from the $2,603 region—near a three-week trough—and gathering positive momentum for the second consecutive day this Friday. Thursday’s U.S. data revealed the slowest annual increase in the headline Consumer Price Index (CPI) since February 2021, alongside a ...

Oct 8, 2024 · Gold prices have performed remarkably well this year, with returns of nearly 20% in the domestic market and almost 30% in the international market so far.The yellow metal has attracted a lot of attention by delivering double-digit returns every year since 2019, except for 2021 when it had a negative return of 4%.. READ MORE…