NEW DELHI: Gold and silver futures dipped in the opening trade on Thursday tracking trend in international market as dollar spiked on fear of rising Covid-19 cases in Europe and the US. French President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of … Read more
By Kartik Goyal India’s sovereign bonds are turning a corner as a supply overhang dissipates following a raft of liquidity measures from the central bank. Early signs of economic revival are also spurring hopes of an improvement in government finances. The yield on India’s benchmark 10-year bond fell about 13 basis points over the past … Read more
NEW DELHI: Gold and silver prices were trading mixed on Tuesday as improvement in Donald Trump’s health put pressure on bullion but a lingering economic crisis kept the mood upbeat. US President Donald Trump returned to the White House on Monday after a three-night hospital stay where he was being treated for COVID-19. Gold futures … Read more
By Lewis Krauskopf The Nov. 3 presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects across markets, and investors are already trying to identify potential winners and losers. Broadly speaking, analysts say Biden’s plan to raise corporate taxes could pressure company earnings. But they expect him to support … Read more
NEW DELHI: Gold and silver prices continued their decline on Thursday, following the trend in the international market, as US lawmakers prepared to come out with a massive stimulus plan while the dollar continued to gain strength. As much as $380 billion from the US Congress’ last big coronavirus aid package is unused and could … Read more
NEW DELHI: Gold and silver prices slid further on Wednesday, bucking the trend in the international market, as US Fed officials indicated the rates could be raised earlier than outlined before. Chicago Fed President Charles Evans said the central bank still needed to discuss its new average inflation target but that it “could start raising … Read more
Snowflake Inc’s shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than $3 billion in the largest U.S. listing of the year thus far. Snowflake’s spectacular market debut reflects the hearty appetite for new stocks, as low interest rates drive … Read more
NEW DELHI: Gold and silver prices hovered around the flatline in Wednesday’s trade ahead of the US Federal Reserve’s policy outcome while continuous jump in Covid-19 cases helped the demand in bullion counters. Later in the day the Fed will conclude its first meeting since adopting a more accommodative approach to inflation and pledging to … Read more
NEW DELHI: The Rs 600 crore IPO by Route Mobile received 5 times bids so far on Day 3 of the bidding process. As per data available with BSE and NSE, the issue received bids for 6,15,32,960 shares by 11 pm on Friday, which was 5.05 times the total issue size of 1,21,73,912 shares. The … Read more
NEW DELHI: Gold and silver prices slipped in Friday’s trade as profit booking ensued after the ECB outlined its monetary policy while Repubpican attempt to pass an aid bill was stalled in the US Senate. Investors now await British GDP data and US inflation numbers due later in the day for further clarity on the … Read more