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NEW DELHI: State-owned oil marketing companies on Monday reduced the price of commercial LPG cylinders by Rs 10 per unit, offering relief to the hospitality sector.However, airlines are set to face renewed cost pressure as Aviation Turbine Fuel (ATF) prices were hiked for the third month in a row.With the latest revision, the price of…
Representative image (ANI) NEW DELHI: Gold and silver opened strongly in domestic futures on Monday, driven by a softening dollar, expectations of a US Federal Reserve rate cut and a weaker rupee.Gold February futures traded at Rs 1,30,383 per 10 grams, up Rs 879 (0.68%), while silver March futures surged to a new peak of…
Representative image (ANI) NEW DELHI: Gold and silver opened strongly in domestic futures on Monday, driven by a softening dollar, expectations of a US Federal Reserve rate cut and a weaker rupee.Gold February futures traded at Rs 1,30,383 per 10 grams, up Rs 879 (0.68%), while silver March futures surged to a new peak of…
Gold and silver prices rose in futures trade on Friday, supported by firm global cues and increased investor expectations that the US Federal Reserve may deliver a rate cut next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery gained Rs 596, or 0.47%, to Rs 1,26,100 per 10 grams in a turnover…
England’s Joe Root is bowled out by Australia’s Mitchell Starc in Perth. (AP/PTI Photo) The quickest Ashes Test in 137 years — a two-day shootout that saw 19 wickets tumble on the opening day — has been officially deemed a ‘very good’ pitch by the International Cricket Council (ICC). The verdict, delivered after Australia sealed…
Gold and silver prices rose in the futures trade on Wednesday, tracking firm global cues, as weak US economic data strengthened expectations of an interest rate cut by the Federal Reserve next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 475, or 0.38 per cent, to Rs 1,25,700 per…
Gold prices surged on Tuesday in the futures trade, tracking firm global cues as expectations of a US Federal Reserve rate cut next month gained further momentum after dovish comments from top officials. The optimism pushed bullion higher for the third straight session, with traders increasing their bets on easier monetary policy.On the Multi Commodity…
Gold prices fell sharply on Monday in the futures trade, tracking weakness in global markets as a stronger dollar and cautious investor sentiment ahead of key US economic data kept bullion under pressure. As per news agency PTI, analysts said traders remained wary with crucial indicators such as US retail sales, PPI, jobless claims and…
MUMBAI: Several global banks and economists expect a 25 basis points (100 bps = 1 percentage point) repo cut in Dec 2025, possibly ending the current easing cycle. Near-zero CPI inflation in Oct has strengthened confidence that RBI’s monetary policy committee can ease rates even if July-Sept growth exceeds the central bank’s forecast of 7%.A…
Gold and silver prices retreated in Friday’s futures trade after robust US employment data reduced expectations of a December interest rate cut by the Federal Reserve. A stronger dollar also weighed on bullion, pulling both metals lower in domestic and global markets.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped Rs 355,…
