Gold remains stable above $2,500, buoyed by Fed Minutes suggesting a possible rate cut at the next meeting. The US Dollar Index (DXY) falls 0.20% to 101.10, weakening the Greenback and supporting Gold prices. Investors focus on upcoming US economic data and Fed Chair Powell’s speech at the Jackson Hole Symposium on Friday. Gold stayed …
Gold has pulled back from new all-time highs above $2,530 on Wednesday. Changing perceptions about the outlook for the US economy could be impacting demand. Positioning remains overbought, although China demand is a key bullish driver. Gold (XAU/USD) pulls back to the $2,510s on Wednesday after touching a new all-time high of $2,531 on the previous …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
FB Ind: Net Profit at Rs 17.5 cr vs loss Rs 1.14 cr, Revenue at Rs 1161 cr vs Rs 999 cr (YoY) Shakti Pumps: Net Profit at Rs 45.2 cr vs Rs 11.2 cr, Revenue at Rs 496 cr vs Rs 314 cr (YoY) Dodla Dairy: Net Profit at Rs 41.3 cr vs Rs …
Share: Gold prices rebound sharply from weekly lows, marking a 0.43% increase as traders digest the latest U.S. jobless claims report. A divided Federal Reserve and the anticipation of Chairman Powell’s speech keep investors on edge, with a dovish tilt currently in the lead. The geopolitical tensions following the Hamas attack and subsequent …