Silver and gold prices saw a sharp reversal on Thursday, snapping a two-day recovery as futures came under heavy selling pressure amid weak global cues and a firm US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged by Rs 26,850, or 10%, to settle at Rs 2,42,000 per kilogram. In…
Gold and silver are expected to prolong their record-setting surge in the coming week as traders turn their attention to a heavy line-up of global inflation data and macroeconomic indicators that will shape central bank policy expectations, analysts said. The focus will be on inflation prints from India, the US, Europe and the UK, along…
The U.S. labor market appears to have continued to soften in recent months as the government caught up to reports that had been delayed due to the shutdown in D.C. Nonfarm payrolls rose by 64,000 in November, according to a Tuesday morning report from the Bureau of Labor Statistics. Economist estimates had been for jobs…
Gold price prediction today: Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan is of the view that the gold price rally looks overextended. What’s the outlook for gold prices in the coming days? Here’s what he has to say: Source link
Bitcoin BTC$90,016.95 has experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern could soon bring relief to battered BTC bulls. That pattern is S&P 500’s tendency to chalk out a Santa rally – an upswing during the final five trading days of December and the first two of January. A repeat…
India is boosting its European ties, with German Chancellor Friedrich Merz set to visit New Delhi soon. This engagement follows President Putin’s visit and precedes the India-EU summit. Discussions will focus on trade, technology, and sustainable development, building on existing partnerships. Germany’s support for Ukraine and shared concerns over the Indo-Pacific will also be key…
Analysts, CoinDesk reporters and longtime industry participants weigh in on today’s bitcoin, crypto and market price action. Source link
NEW DELHI: Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026 as “historic”, saying it charts a clear roadmap towards achieving the goal of a Viksit Bharat by 2047 and gives fresh momentum to India’s reform journey. He also highlighted the recently signed “mother of all deals” between India and EU in his…
NEW DELHI: Prime Minister Narendra Modi on Thursday took a sharp dig at the Congress and the Gandhi family during his speech in the Rajya Sabha, accusing them of being “habitual thieves” and alleging that they had even “stolen” Mahatma Gandhi’s surname.“For some people, stealing is a family profession. What’s shocking is that those habitual…
