Silver prices jumped on Tuesday, March 17 supported by easing concerns over prolonged disruptions to oil shipments, as investors evaluated the economic fallout of the Middle East conflict ahead of a series of central bank policy decisions this week. On MCX, silver rate rose 2% to ₹2,61,457 per kg while gold price advanced 0.8% to…
The rupee rebounded from its lowest level and settled with a gain of 45 paise at 91.60 (provisional) against US dollar on Thursday on the back of a buying trend in domestic equity markets and reports of Reserve Bank intervention. According to forex analysts, the Reserve Bank seems to have intervened to help the local…
Crude Price Shock Ahead: Amidst the Iran tension, crude oil prices today rose to $ 84 per barrel, which is almost a one-year high. Crude has become costlier by about 20 percent in the last 5 days and by 34 percent in the last 3 months. He has not even ruled out the possibility of…
The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after US and Israeli attacks on Iran intensified worldwide risk aversion, setting crude oil prices on fire and demand for the American currency soaring. Massive selling in domestic equity markets and withdrawal of foreign funds…
Metal Stocks Crash: On Thursday, the metal sector emerged as the biggest problem for investors in the stock market. After sharp profit booking in silver and gold, tremendous pressure was seen in metal stocks. Especially the shares of Hindustan Zinc fell by about 7%, which spoiled the mood of the entire sector. Nifty Metal Index…
MUMBAI, Jan 1 (Reuters) – Indian rupee traders are assessing the near-term outlook for the currency in the New Year, after repeated intervention by the Reserve Bank of India in December overwhelmed underlying demand–supply signals and shaped price action. With all major markets shut for the New Year holiday, traders said Thursday’s session was likely…
A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal Reserve interest-rate cuts in 2026. With trading subdued because of holidays this week and markets in the UK closed Friday, investors’ attention has largely turned to major economic…
