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.
US tariffs and strong US dollar may drag down industrial metals prices
“The US election has further complicated the outlook for the complex with a threat of tariffs on Chinese goods looming over the market. Industrial metals all fell after Trump on Monday denied a report that his team was planning weaker import tariffs than those announced during his presidential campaign. We believe that potential US tariffs and a stronger dollar could further depress industrial metals prices.”
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.
What’s ahead for Gold in 2025?
Gold Outlook in 2025: Gold will be up against three major events in the first two months of 2025 and experts point out the likelihood of volatility. First will be Donald Trump taking charge as the US President and we have seen how DXY and bond yields have moved. The other two factors are domestic — one is the Union Budget 2025 and the other is the Reserve Bank of India (RBI) MPC under a new Governor.
Kalyan Jewellers shares fall 15.5% on profit booking
Shares of Kalyan Jewellers extended their losing streak to the fourth straight session on January 8, dropping 15.5 percent. The downslide comes as investors jumped on a selling spree after the stock hit a record high on January 2, taking on the opportunity to cash in partial profits.
Silver will continue to rise above 90500. Avoid selling. Silver target 94000 ——95000. Very soon.
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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.