30 Apr, 08:59 - Indian

SENSEX 80288.38 (0.00)

Nifty 50 24335.95 (0.00)

Nifty Bank 55391.25 (0.00)

Nifty IT 35920.4 (0.00)

Nifty Midcap 100 54587.95 (0.00)

Nifty Next 50 64892.35 (0.00)

Nifty Pharma 21676.65 (0.00)

Nifty Smallcap 100 16738.7 (0.00)

30 Apr, 08:59 - Global

NIKKEI 225 35902.51 (0.17)

HANG SENG 22038.3 (0.14)

S&P 5565.5 (-0.54)

Login/Signup
Careers

Live News

You are Here : Home > News > Live News >

(13 Sep 2024, 15:08)

Gold shy away from $2600, MCX prices exceed Rs 73000 as Fed rate cut looms

Gold futures approached $2600 per ounce on Friday, driven by a weaker dollar and lower bond yields. This record-setting rise came in anticipation of more aggressive Federal Reserve rate cuts next week, following new economic data. The MCX gold futures also saw a significant increase, surpassing Rs 73000 per 10 grams, although they are still below the all-time high of over Rs 75000. The dollar index fell to 101 as expectations grew for the Fed's actions, contributing to gold's surge. In the US, rising jobless claims and weak payrolls data indicated a cooling labor market, while slightly higher producer prices and a 25 bps rate cut by the ECB pointed to easing inflation trends.
More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.
+91-22-25229720
+91-9769005430
>info@capitalmarket.com

For any Capital Market Website related queries mail to :
webdesk@capitalmarket.com

For Capital Market Magazine subscription queries :
+91-8657545825  

subscription@capitalmarket.com

For Capital Market Online Product related queries :
+91-8657545825  

financeshop@capitalmarket.com

To advertise on Capital Market Websites mail to :
advt@capitalmarket.com

To email Press Releases :
pressrelease@capitalmarket.com

Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages giving any kind of stock recommendations.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +