Indian equity markets witnessed a sharp selloff on Monday as escalating tensions in the Middle East triggered global risk aversion. The benchmark Nifty 50 slipped below the crucial 24,700 support level, while the BSE Sensex plunged nearly 1,200 points intraday, falling under the 80,000 mark. The decline marks the sharpest…
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Metal Stocks Slide as Hindustan Zinc, Vedanta Fall Up to 7%
Metal stocks witnessed sharp selling pressure on Thursday as shares of major companies such as Hindustan Zinc, Vedanta and National Aluminium Company (NALCO) declined by up to 7 percent in early trade. The sell-off dragged the Nifty Metal index down nearly 3 percent, snapping its three-session winning streak. The downturn…
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Gold’s Appeal Grows with Fed Rate Cut Hopes and Dollar Softness
Gold prices edged higher on Friday, supported by a softer U.S. dollar and rising market expectations that the Federal Reserve will cut interest rates again before the year ends. The move reinforced gold’s traditional status as a safe-haven asset amid economic uncertainty. At 13:15 GMT, spot gold climbed 0.5% to…
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Gold Prices Dip Again Across Major Indian Cities on Oct 27
Gold prices in India dipped again on October 28, 2025, following global cues that pointed to a stronger US dollar and easing trade tensions between the United States and China. The Multi Commodity Exchange (MCX) recorded fresh declines in both gold and silver futures, affecting bullion rates across major Indian…
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Gold Prices Rebound Above $3,980 Amid Safe-Haven Demand
Gold prices recovered on Friday, bouncing back from earlier losses as investors sought the precious metal for its safe-haven appeal. Spot gold rose 0.3% to $3,987.65 per ounce, while December futures climbed 0.7% to $4,003.30/oz by 07:59 ET (11:59 GMT). The yellow metal remains on track for its eighth consecutive…
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Gold Holds Below Record Highs Ahead of Fed Rate Cut Decision
New Delhi, Sept 15: Gold prices steadied below record highs on Monday as global investors waited for the US Federal Reserve’s key interest rate decision later this week. The precious metal hovered around $3,645 per ounce, consolidating gains made after last week’s all-time peak of nearly $3,675. Fed’s Policy Decision…