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New Delhi, Dec 17 (PTI) Silver prices surged to a new lifetime high of Rs 2,05,934 per kilogram in the futures trade on Wednesday, supported by a rally in the white metal globally amid signs of tightening supplies and expectations of rate cuts by the Federal Reserve next year. On the Multi Commodity Exchange (MCX), silver futures for March contract zoomed by Rs 8,179, or 4.14 per cent, to touch a lifetime high of Rs 2,05,934 per kilogram. The metal had closed at Rs 1,97,755 per kg on Tuesday. ...Read More >
By Johann M Cherian and Shashwat Chauhan Dec 16 (Reuters) - U.S. stock index futures were slightly lower on Tuesday as caution set in ahead of a highly anticipated jobs report that could offer insight into the health of the economy and the potential path for interest rates next year. A recent historic government shutdown left investors and the Federal Reserve starved of official data and increasingly reliant on secondary indicators that offered a mixed picture on the health of the labor m ...Read More >
New Delhi, Dec 1 (PTI) Gold prices surged by Rs 3,040 to Rs 1,33,200 per 10 grams in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association. Analysts said sustained jewellery demand amid the ongoing wedding season supported the precious metal. The precious metal of 99.5 per cent purity zoomed by Rs 3,040 to Rs 1,32,600 per 10 grams (inclusive of all taxes). Gold is now inching closer to its all-time high of Rs 1,34,800 ...Read More >
[BENGALURU] Gold prices edged higher on Tuesday (Oct 21) to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the US Federal Reserve boosted demand for the precious metal. Spot gold was up 0.2 per cent at US$4,363.58 per ounce, as at 9.06 am, having hit a record high of US$4,381.21 on Monday. US gold futures for December delivery added 0.5 per cent to US$4,379 per ounce. The US government shutdown stretched to its 20th day on Monday, after sen ...Read More >
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