Asian stocks advanced on Monday, kicking off the the week on the back of AI optimisim, after Wall Street saw another tech led rally.Hong Kong’s HSI jumped to 26,043, adding 136 points or 0.53%. Kospi also traded up 2.4%, reaching 4,209 at 9:25 AM IST. Shanghai also traded in green, reaching 3,956.Shenzhen, sank 1%, down 141 points.Meanwhile, Japan remained closed …
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Gold and silver prices in India took a breather this week after a prolonged rally, with analysts expecting consolidation in domestic markets next week amid upcoming global central bank meetings and trade developments.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 3,557, or 2.80 per cent, while silver futures crashed by Rs 9,134, or 5.83 …
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For almost two years, prices in the United States have been climbing faster than most people’s paychecks. Groceries, rent, fuel, and electricity all went up, squeezing budgets and forcing families to cut back. Now there’s finally a bit of good news: inflation is slowing. Prices in September rose 3% compared to a year earlier, a little less than what experts …
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Gold’s rally this year has reignited investor interest ahead of Diwali, with the yellow metal emerging as one of 2025’s strongest-performing assets. Global uncertainties, dovish central banks, and safe-haven demand have kept prices elevated.“Gold has witnessed a parabolic rally since August 2025, soaring from Rs 98,500 per 10 grams to a fresh all-time high of Rs 1,26,930 per 10 grams …
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The Life of a Showgirl (Image courtesy: Taylor Swift Instagram) The US economy is faced with the twin conundrum – growth challenges are mounting, and inflation is not in the US Federal Reserve’s comfort zone. At such a time, the release of Taylor Swift’s latest album, The Life of a Showgirl, may spell good news for the central bank!Now, what …
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Market experts anticipate the upward trajectory to persist, with tariff-related developments influencing short-term market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday. While Nifty50 was below 25,400, BSE Sensex was down almost 150 points. At 9:16 AM, Nifty50 was trading at 25,393.55, down 30 points or 0.12%. BSE …
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US Federal Reserve Chairman Jerome Powell (File photo) US Fed FOMC Meeting: Led by chairman Jerome Powell, the US Federal Reserve on Wednesday announced a 25 basis points rate cut after the FOMC meeting. “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the …
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Gold price prediction: Buying the dips is the preferred strategy. A test of all-time high at $3500 (Rs 105,500) looks highly likely. (AI image) Gold price prediction today: Gold rates have been hitting life-time highs and analysts are of the view that hopes of Federal Reserve rate cuts are driving the rally. Praveen Singh, Senior Fundamental Research Analyst- Currencies and …
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Analysts suggest that domestic equity markets may respond positively to signals of a possible US Federal Reserve rate reduction. (AI image) Indian equity benchmark indices, Nifty50 and BSE Sensex, are expected to see a gap-up opening on Monday after US Federal Reserve chairman Jerome Powell indicated that the central bank may cut rates in its September policy review.Analysts suggest that …
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Gold prices are expected to witness a phase of consolidation in the coming week as investors focus on fresh global economic data, commentary from central bankers and evolving geopolitical developments, according to analysts.Traders will keep a close watch on US housing numbers, consumer price data from the UK and Eurozone, and provisional PMI releases from major economies, PTI reported. In …
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