Gold edged higher to above $2,629 on Thursday, rebounding from the three-week low of $2,608 from the prior session as markets digested a batch of fresh economic data for insights on the Fed’s policy path in upcoming decisions.
Ananya
Israel-Iran War: Should you Invest in Gold Funds to Hedge Your Portfolio?
Israel-Iran war: Despite short-term blips, gold price has been on the rise since October 2022. The yellow metal has delivered a staggering return of 33 percent over the last one year in rupee terms, far outperforming the Nifty 50. The broader equity market index could gain only 27 percent.
Hyundai Motor India’s Rs 27,856 crore IPO opens on 15th Oct; price band fixed at Rs 1,865-1,960
Hyundai Motor India’s initial public offering (IPO) will open for subscription on October 15 and be available for bidding until October 17. The company has set a price band of Rs 1,865-1,960 per share.
Garuda Construction and Engineering IPO Day 1: GMP, subscription status, review, other details. Should you subscribe?
Garuda Construction and Engineering IPO Day 1: Today marks the debut of Garuda Construction and Engineering Ltd in the primary market. The company, which offers comprehensive civil construction services, raised ₹75 crores from anchor investors on Tuesday, October 8, ahead of its initial public offering.
Copper prices fall due to National Day holiday in China
Copper price News Today: Base metal prices are mixed, with LME three-month copper roughly steady at $9,954 a tonne and LME three-month aluminium up 0.1% to $2,665 a tonne. Trading in base metals is quiet as China celebrates the last day of the Golden Week holiday.
The Fed is in no Hurry to Cut Interest Rates
Gold (XAU/USD) started the new week under bearish pressure and fell by nearly 1% on Monday. Speaking at the annual meeting of the National Association for Business Economics, Federal Reserve (Fed) Chair Jerome Powell refrained from giving any new hints about the next policy move.
Massive explosions’ in Beirut as Israel unleashes new air raids on Lebanon
Israel-Palestine conflict: Israel’s military unleashed a new wave of attacks on the southern suburbs of Beirut, causing “massive explosions”, with “flames reaching up to the sky and the sound reverberating” around the Lebanese capital, according to our correspondent.