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Asian stocks jumped on Wednesday as trade war fears were overshadowed by comments from Federal Reserve Chairman Jerome Powell, who suggested the bank could cut interest rates again this month.Asian markets opened on the higher end (moderately), following Wall Street’s lead. Tokyo’s Nikkei 225 rose 1.3 percent to 47,463.31, Hong Kong’s Hang Seng gained 1.5…
Gold rate today: Gold futures advanced Rs 527 to Rs 1,21,020 per 10 grams in domestic trade on Friday, tracking a firm trend in global markets as investors widened bets on expectations of interest rate cuts by the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold for December delivery gained 0.44%, after retreating from…
Stock markets in the US displayed minimal movement near their peak levels during the early trading session on Wall Street on Tuesday. The S&P 500 edged up 0.1%, following its recent record high and seven consecutive days of gains. The Dow Jones Industrial Average advanced 90 points, while the Nasdaq composite increased by 0.1%. Overseas…
Gold prices surged to record highs in domestic and global markets on Monday, driven by safe-haven demand amid the ongoing US government shutdown and expectations of further Federal Reserve rate cuts.On the Multi Commodity Exchange (MCX), December gold futures jumped Rs 1,447, or 1.22%, to a lifetime high of Rs 1,19,560 per 10 grams. The…
Gold prices are expected to remain volatile in the coming week as investors monitor developments around the US government funding bill, labour market data, and commentary from the Federal Reserve, analysts said. The release of the Federal Open Market Committee (FOMC) minutes on Thursday is also likely to influence bullion market sentiment.“The week ahead is…
The Life of a Showgirl (Image courtesy: Taylor Swift Instagram) The US economy is faced with the twin conundrum – growth challenges are mounting, and inflation is not in the US Federal Reserve’s comfort zone. At such a time, the release of Taylor Swift’s latest album, The Life of a Showgirl, may spell good news…
Gold rate today: Gold prices surged by Rs 1,100 on Wednesday to cross the Rs 1.21 lakh per 10 grams mark in the national capital, tracking firm global cues amid the US government shutdown after Congress failed to approve fresh federal funding.According to the All India Sarafa Association, 99.9 per cent purity gold jumped to…
US equities edged cautiously on Tuesday as Wall Street approached the end of another strong month, with investors balancing optimism over corporate earnings against economic uncertainty and the potential for a government shutdown.The S&P 500 slipped 0.2% in early trading, while the Dow Jones Industrial Average fell 27 points, or 0.1%. The Nasdaq composite was…
Harjit Kaur, a 73-year-old Sikh woman (Image credits: ANI) NEW DELHI: Harjit Kaur, a 73-year-old Sikh woman who spent 30 years in the United States, shared her ordeal with the ICE after she was arrested and deported to India.“Their behaviour was very bad. I was arrested on 8 September… I was arrested and taken to…
Gold and silver markets are poised to remain active in the coming week, as traders balance festive-season buying in Asia, central bank purchases, and persistent global uncertainties with signals of monetary easing from the US Federal Reserve, analysts said. Market participants will also track key US macroeconomic releases, including housing data, personal consumption expenditures, and…
