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On the domestic front, ₹1,22,000 is an important support for any break below that we could see prices dragging towards ₹119500- 1,20,000. (AI image) Gold price prediction today:Gold prices are expected to be under pressure this week on global factors, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He…
Paige Greco. Image via: Shuji Kajiyama/ AP Australian Paralympic champion Paige Greco has died at the age of 28 following a sudden medical episode at her Adelaide home on Sunday. Greco, a para-cyclist born with cerebral palsy, rose to prominence after winning Australia’s first gold medal at the Tokyo 2020 Paralympic Games. Her triumph in…
Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…
India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
Gold prices slipped in the domestic derivatives market on Friday, mirroring the softer trend overseas as traders reacted to easing expectations of a near-term US Federal Reserve rate cut.Gold contracts on the Multi Commodity Exchange (MCX) opened weak and stayed under pressure through the session. The December futures dropped by Rs 345, or 0.27%, settling…
India’s Atanu Das (PTI Photo/Shailendra Bhojak) India’s men’s recurve archery team achieved a historic victory at the Asian Archery Championships, defeating South Korea in a thrilling shoot-off to secure their first gold medal in 18 years.The Indian team consisting of Yashdeep Bhoge, Atanu Das, and Rahul fought back from a 2-4 deficit to win 5-4…
Gold’s intraday technical setup points toward short-term consolidation with a bearish bias. (AI image) Gold price prediction today: Gold prices are showing some bearish bias, and a period of short-term consolidation is likely, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX…
A continued rise in gold prices could pave the way for a positive phase in the Indian stock market over the next year, according to a report by JM Financial.According to the report, historical data suggests a consistent link between gold rallies and subsequent gains in Indian equities.Specifically, it found that when the Nifty/gold ratio…
Gold and silver prices continued their upward march on Thursday, supported by firm global cues and renewed safe-haven demand after the end of the prolonged US government shutdown. The reopening of the US government lifted investor sentiment, driving both metals higher in domestic and international markets.On the Multi Commodity Exchange (MCX), gold futures for December…
Zerodha CEO Nithin Kamath has now issued a cautionary note for the investors following SEBI’s recent advisory on digital gold. For those unaware, earlier this week SEBI issued a an advisory on digital gold calling it an unregulated and inefficient way to gain exposureto the precious metal. Now Kamath shared a post of social media…
