The advantage of gold investing is that traders are interested in this highly liquid asset at any stage of the market’s fluctuation. It cannot devalue like particular stocks or currencies. Inversely, gold bars, gold jewelry, gold coins, etc. prices rise during hyperinflation, developed economies’ crises, bankruptcies, wars, or pandemics. In the last century, there even existed the gold standard used for money emission.
Ananya
MMTC share price jumps 13%; what is the future of the stock?
MMTC share price : The BSE 500 stock MMTC soared over 13 per cent in today’s trading session so far. The stock under Rs 100 opened lower at Rs 70.51 and went up as much as 13.83 per cent hitting an intraday high of Rs 80.70 per share on BSE.
Explained: Why Biocon share price jumped over 7% today
Shares of Biocon surged over 7% in early trade on January 7, following an upgrade from international brokerage Jefferies.
Eurozone Preliminary HICP inflation edges higher to 2.4% YoY in December, as expected
The Eurozone Harmonized Index of Consumer Prices (HICP) rose 2.4% year-over-year (YoY) in December after reporting a 2.2% increase in November, the official data released by Eurostat showed Monday. The reading aligned with the estimated 2.4% print for the reported period.
What is the forecast for gold in 2025?
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role.
Crude Oil resists dollar pressure to hold at three-month high
Crude Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as colder weather spurred buying while further support came from expectations of tighter sanctions on Iranian and Russian oil exports.
Gold price today: Experts reveal strategy for bullion
Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. MCX Gold for February 5 expiry traded 0.24 per cent higher at ₹76,731 per 10 grams around 9:55 AM.