Precious metals showed mixed trends in the Indian markets today. Gold is trading on the lower side of the Multi Commodity Exchange (MCX) while silver prices have recorded a hike on Thursday, September 26. Gold futures, maturing on October 4, 2024, stood at Rs 75,234 per 10 grams, after recording a dip of Rs 79 … Read more
Mumbai: Shares of metal companies were among the top losers Wednesday as fresh concerns over the economic prospects of China, one of the largest consumers of commodities like steel, aluminium, and copper among others, prompted traders to cut their bets. The Nifty Metal index fell 1.81% Wednesday. Among steel producers, JSW Steel, SAIL and Tata … Read more
The first batch of Sovereign Gold Bond investors, who had made the right decision eight years ago, are elated as the safe haven has ended up delivering a solid tax-free return of 128% besides an annual 2.5% interest. But equity bulls betting on a gold jeweller, with over 844 branches at last count, have managed … Read more
High levels of maghemite were found in some air samples but it is not known if they are harmful. Source link
Mumbai: Investors must brace for limited gains in shares of metal and mining companies as earnings could come under pressure in the coming quarters on weakening prices, said analysts. With Chinese steelmakers flooding the global market, analysts expect prices to be under pressure for now. , , , and remain top picks though analysts warn … Read more
After taking a breather in the week before this one, the equity markets resumed their up move. The headline index continued with its pullback and moved past a few important levels while protecting the key supports. Over the past five sessions, the market remained largely in the upward rising trajectory barring a consolidation for a … Read more
Jeanette Kusel, acting director for MedTech and digital at NICE, explained: “People with breast cancer want to know if their cancer has been isolated or has spread to the rest of their body. The earlier this is established, the better the potential outcomes will be. Source link
By Abhishek Vishnoi and Ranjeetha Pakiam Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic. At this stage, “10% should be put into physical gold,” said Mobius, who set up Mobius Capital Partners after … Read more
Nifty’s trading range remained wider than usual during the week gone by, but it took a serious cut on Friday’s session. Despite that, the index managed to close the week on a positive note. In the previous weekly note, we had mentioned that Nifty was trading inside the Falling Channel that it had created, and … Read more
By Ranjeetha Pakiam Gold will extend its record-setting rally on “massive currency debasement” and expectations for further stimulus, according to SkyBridge Capital, which recently added exposure to the metal after exiting in 2011. “When you think of currency debasement the question is, what is the dollar going to weaken against, and when you look around … Read more