Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
Gold sparkles as rally above $4500 per ounce extends
26-Dec-25 14:58Hrs IST

COMEX Gold futures jumped to a record high on Friday, witnessing excellent buying support on safe-haven demand and rising expectations of further interest rate cuts by the US Federal Reserve. The US dollar index is trading in a very lax manner and is down around 1.60% this month. COMEX Gold futures are up 1% at $4543 per ounce today per ounce, bouncing around 7% this month so far. Indian spot retail demand in thin right now and a meaningful pick-up could be seen only after the year-end. Meanwhile, the US President Donald Trump has said that he expects the next chairman of the US Federal Reserve to keep interest rates low and never disagree with him. This is keeping overall mood upbeat for the bullion counters. The MCX Gold futures are trading at Rs 139329 per 10 grams, up 0.89% on the day after hitting a high above Rs 139400 per 10 grams.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise