Gold and silver prices rose in early trade amid escalating US-Iran tensions, boosting safe-haven demand. MCX gold gained Rs 400, while silver jumped Rs 3,000. The removal of additional margins by MCX and NSE is expected to improve liquidity and participation, even as global cues and rate outlook keep volatility elevated.Read More
Wall Street closed lower on Thursday, impacted by declines in private equity firms and tech giants Nvidia and Apple. Concerns over AI’s disruption and high valuations weighed on tech stocks, while mixed earnings and economic data kept investors cautious about the Federal Reserve’s future rate decisions.Read More
The dollar strengthened significantly, poised for its best weekly gain in over four months, driven by robust U.S. economic data and a hawkish Federal Reserve outlook. Geopolitical tensions with Iran also provided safe-haven support, while the euro and sterling weakened against the greenback.Read More
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