Gold prices edged higher on Thursday due to tensions in the Middle East and US price cuts. U.S. Gold futures were down 0.2 percent at $2,428.40, while spot gold was up 0.3 percent at $2,389.42 an ounce. Geopolitical unpredictability in the Middle East and falling US Treasury yields increase the attractiveness of gold. Analysts expect…
The positive momentum persisted as the Nifty50 rose above 19,200 on November 3 for the first time in the previous eight sessions, supported by encouraging global cues and an advance across all sectors. After a two-week losing run, the Indian benchmark indexes completed the turbulent week on 3 November with a percent gain amid favorable…
Amidst a strong dollar, an increase in US Treasury yields, and risk aversion in the global markets, the rupee declined sharply in the previous week, breaking through the significant resistance level of 83.00. The US economy was shown to be resilient by a deluge of strong economic data, which gave the dollar and yields a…
