Gold rises on geopolitical tensions but investment demand remains weak

Gold rises on geopolitical tensions but investment demand remains weak

Gold, reeling under hotter than expected December US CPI inflation data released on Thursday, caught a bid Friday as the US and the UK launched airstrikes on Iran-backed Houthis‘ targets in Yemen to stop shipping attacks in the Red Sea. In a reaction, the Yemeni Group vowed to retaliate with an urgent response in the … Read more

Nifty companies’ Dec quarter profit may grow in double digits

Nifty companies’ Dec quarter profit may grow in double digits

Mumbai: India’s top 50 listed corporates are expected to report double-digit year-on-year growth in aggregate net profit for the third consecutive three-month period, ETIG estimates for the December quarter showed, although muted performance of technology and consumer-goods companies could decelerate the pace of expansion. Net profit in the December 2023 quarter for the Nifty 50 … Read more

Learn with ETMarkets: Predicting gold’s future: Insights from past trends

Learn with ETMarkets: Predicting gold’s future: Insights from past trends

In the wake of an all-time high in gold prices post the festive season, investors are closely scrutinising past trends for insights into the potential duration of this rally and the likelihood of a corrective phase in the near future. Historically, gold has exhibited a characteristic pattern of correction, typically around 10%, following a robust … Read more

Stocks that India’s top 5 mutual funds bought and sold last month

Stocks that India’s top 5 mutual funds bought and sold last month

With Nifty in a consolidating trajectory after hitting the 20,000-milestone in September, mutual funds are using the fresh inflow of funds to pick stocks from sectors like auto, utilities, consumer and insurance. AMFI data shows that money managers reduced stake in banks, IT, capital goods and metals in October. While the weight of private banks … Read more

Losing shine? Investment demand for gold plummets to four-year lows

Losing shine? Investment demand for gold plummets to four-year lows

COMEX Gold prices experienced a significant downturn, marking their most substantial weekly loss in months. The yellow metal slid below the critical $1,900 per troy ounce threshold, primarily in response to a sharp surge in US treasury yields. This surge in yields elevated the opportunity cost of holding gold. At its September policy meeting, the … Read more

Momentum Pick: Hindalco shares may gain 6% in near term on weak dollar

Momentum Pick: Hindalco shares may gain 6% in near term on weak dollar

A benign US dollar could be good news for metals and one stock that may see a pullback due to this is Hindalco Industries. The share has a potential upside of 6% in the near term based on current momentum. Hindalco shares have underperformed not just the Nifty50 but also the Nifty Metal Index in … Read more

Going long on infra can cement winning portfolio

Going long on infra can cement winning portfolio

The budget initiatives toward capital expenditure to boost urban infrastructure, housing, and transport sectors are expected to give a fillip to capital goods, industrials, metals, and cement stocks. Analysts anticipate infrastructure-led companies to see the benefits of the budget proposals in the second half of the next financial year and drive the re-rating of these … Read more

Gold falls as stronger yields, risk appetite dent appeal

Gold falls as stronger yields, risk appetite dent appeal

March 14: Gold prices fell on Monday, dragged by firmer U.S. Treasury yields and improved risk appetite on hopes of peace between Russia and Ukraine. FUNDAMENTALS * Spot gold was down 0.4% at $1,977.14 per ounce by 0045 GMT. U.S. gold futures fell 0.4% to $1,976.40. * Benchmark U.S. 10-year Treasury yields rose to a … Read more

Low-Level Exposure to Toxic Metals Affects Heart Health

1800x1200 heart attack

Dec. 17, 2021 — People exposed to even low levels of certain toxic metals may increase their risk of atherosclerosis, the plaque buildup in the arteries that can cause strokes and heart attacks. A large study in Spain evaluated middle-aged people (97% of whom were male) working in an auto body factory to look for … Read more