Month: December 2023

Gold price jumped Rs 300 to Rs 63,100 per 10 grams in the national capital on Wednesday amid strong cues in international markets, according to HDFC Securities. The precious metal had closed at Rs 62,800 per 10 grams in the previous trade. Silver also rallied Rs 800 to Rs 78,500 per kilogram. In its previous
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Share: Indian Rupee edges lower despite the softer USD. The Reserve Bank of India (RBI) pushed back against the IMF, saying the intervention in the currency market was excessive. Q3 US GDP growth, Core Personal Consumption Expenditures Price Index (PCE) will be closely watched this week. Indian Rupee (INR) trades on a softer note on Wednesday
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Gold’s range-bound trade continued on Wednesday as investors waited for more economic data in the US to gauge which way the Federal Reserve could move. On Friday, the world’s largest economy will release the November core personal consumption expenditure (PCE) index report, the Fed’s preferred measure of underlying inflation. Taking cues from the price of
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Major European indices are closing higher on the day. The things are led by the German DAX and Spain’s Ibex. German DAX, +0.56% France CAC +0.08% UK FTSE 100, +0.31% Spain’s Ibex +0.52% Italy’s FTSE MIB +0.41% As European traders look for the exit, US indices are on pace for gains as well. The NASDAQ
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