Gold rate today: Gold prices in the national capital jumped by Rs 550 on Monday, reaching Rs 97,350 per 10 grams, in line with a strong upward trend in international markets. The price of 99.9 per cent pure gold had previously settled at Rs 96,800 per 10 grams on Friday, according to the All India Sarafa Association, quoted by news …
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‘Wait for greater clarity’: US Federal Reserve to hold off altering interest rates – Times of India
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President Donald Trump’s economic policies‘ effect on the economy, Fed chair Jerome Powell said on Wednesday.“For the time being, we are well positioned to wait for greater clarity,” Powell said in prepared remarks to be delivered at the Economic …
Read More »US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range; projects US GDP growth slowdown – The Times of India
The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept the benchmark rate unchanged in the 4.25-4.5% range in its meeting today. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the …
Read More »Gold hits record high! Precious metal crosses Rs 91,000 as investors seek safe-haven amid Israel-Hamas tensions – The Times of India
Gold prices surged by Rs 500, reaching a record high of Rs 91,250 per 10 grams in the national capital on Tuesday. This increase was driven by continued buying from stockists and retailers, coupled with strong trends in international markets, according to the All India Sarafa Association. On Monday, gold with 99.9% purity had already climbed by Rs 1,300, setting …
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