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Gold News

Gold rate today: Gold prices hit lifetime high of Rs 69,918/10g; 2024 gains Rs 6,600 so far | India Business News – Times of India

adminApril 4, 202405 mins

Gold rate today: Gold prices reached a new all-time high on Thursday, influenced by global commodity prices. US Fed Chair Jerome Powell‘s statement, indicating that recent job numbers and higher-than-expected inflation wouldn’t change the central bank’s monetary strategy much, boosted investor confidence in gold, sparking increased buying activity.According to ET, June Gold futures on MCX…

US Fed holds key lending rate steady, signals cuts in 2024 – Times of India

adminDecember 13, 202303 mins

WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a third straight meeting and signaled it expects to make three cuts next year.The Fed’s decision to keep its key lending rate between 5.25 percent and 5.50 percent allows policymakers to determine “the extent of any additional policy firming…

BSE Sensex, Nifty50 hit record highs for 3rd day in a row; what’s next for the market bull run? – Times of India

adminDecember 6, 202305 mins

BSE Sensex & Nifty50 rally enters 3rd straight day: The Indian equity indices on Wednesday hit fresh record highs, with the stock market rally continuing for the third consecutive day. The Indian equity markets have been experiencing a sustained rally, thanks to improved interest rate prospects in the US, decreased crude oil prices, strong domestic…