Gold and silver prices have fallen more than a per cent compared to a week back as no new triggers around the globe. However, investors are waiting for the FOMC meeting, plus the Bank of England is likely to keep the interest rate unchanged.
Anil Yadav
Ircon International (NSE:IRCON) Share Price Rises 4.7% Today: What’s Driving the Stock to ₹233.05?
Ircon International Ltd. has shown a bullish trend today, December 11, 2024, with a share price increase of 4.70%, reaching approximately ₹233.05. This surge is notable given the stock’s performance over recent weeks, where it has fluctuated between a low of ₹218.20 and a high of ₹228.71 today. The stock has a 52-week range of ₹157.50 to ₹351.60, indicating significant volatility and potential for both gains and losses.
Gold Futures Rise on Geopolitical Tensions, China Bank Purchases
Gold futures rose on safe-haven demand and central bank buying. Futures rose 0.5% to $2,699.30 per troy ounce.
![Gold Price Rises to near $2,650 [09-12-2024]](https://www.goldsilverreports.com/wp-content/uploads/2023/09/spot-gold-forecast-12092023.webp)
Gold Price Rises to near $2,650 [09-12-2024]
Gold price (Yellow Metal) trades with mild gains around $2,645 during the early Asian session on Monday. The renewed geopolitical tensions in the Middle East and Federal Reserve (Fed) rate cut expectations support the yellow metal. The US Consumer Price Index (CPI) for November will be in the spotlight on Wednesday.
Rupee on a weak pitch; prices inching close to 84.75 against dollar
The Indian rupee was down by 7 paise and touched Rs 84.73 against US dollar in early trade on December 9. The decline can be attributed to the outflow of foreign money and less activity in the Indian equity market.
Godrej Consumer shares 9.67% as Sensex falls
Shares of Godrej Consumer Products Ltd. traded 9.67 per cent at Rs 1116.05 at 02:10PM (IST) on Monday, even as BSE benchmark Sensex 157.62 points to 81551.5.
Crude Oil Technical Analysis: First signs not good
Crude Oil price might be undergoing a gruesome disappointment if OPEC+ is unable to overdeliver on market expectations. With several analysts penciling in a delay between three to six months, OPEC+ is forced to at least deliver a 6 months production normalization delay. Preferably even longer, with anything less than 6 months set to push Oil prices further down ahead of President-elect Donald Trump’s presidency.
S&P’s Global CSA Score Ranks Adani Power In Top 80 Percentile Of Global Electric Firms
Adani Power Ltd. on Thursday announced that it has achieved an exceptional score of 67 (out of 100) in the corporate sustainability assessment undertaken by global rating agency S&P Global for the financial year 2023–24.
Market Outlook: Earnings, Fed Policy & other key Drivers for FY25
The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections, along with continuous outflows from foreign investors and the Middle East crisis.
Bitcoin Near Approaches $80,000
Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump support of digital assets and the possibility of pro-crypto lawmakers in Congress.