On Thursday, Steel Authority of India Limited (SAIL) shares rose 2.69% to Rs 137.84 amid the announcement of its 52nd Annual General Meeting on September 26, 2024. The company reported a 61% drop in Q1 profit, posting Rs 81.78 crore due to weak domestic demand and falling prices.
PIA CHAUHAN
Gold and silver prices today on 24-09-2024: Check latest rates in your city
Gold And Silver Prices Today: Gold prices experienced a slight increase on Tuesday. The cost of 24 carat gold is Rs.7633.3 per gm, reflecting an increase of Rs.240.0. The cost of 22 carat gold is Rs.6998.3 per gm, up by Rs.220.0.
फेड द्वारा और अधिक कटौती की संभावना, मध्य पूर्व में तनाव के कारण सोने में बढ़त जारी
फेड द्वारा ब्याज दरों में और कटौती की उम्मीदों के कारण बाजार में सोने की कीमतों में वृद्धि जारी है। इस तरह की कटौती से सोना, जो एक गैर-उपज वाली संपत्ति है, अधिक आकर्षक हो जाएगा। इज़राइल और लेबनान के बीच बढ़ते तनाव ने कीमती धातु की मांग बढ़ा दी है।
Copper Extends Gains on Risk-On Sentiment
Base Metal Outlook: Copper futures climbed above $4.3 per pound in mid-September, scaling the highest levels in two months as the US Federal Reserve jumbo rate cut boosted the global economic outlook, fuelling a rally in risk assets.
Fed Meeting press conference quotes
Fed Meeting press conference: Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.
Reliance Infra share: Anil Ambani-owned stock jumps 6% on fundraise buzz
Reliance Infra share, Stocks market today: Anil Ambani-owned Reliance Infrastructure share price jumped 6 per cent during the early trading session on September 17 following speculation about upcoming fundraising activities.
Western Carriers India IPO receives tepid response on day 1 of bidding, retail portion fully booked; Latest GMP here
Western Carriers India IPO received a tepid response from investors on the first day of subscription at 79 per cent, with only the retail portion booked fully.
Gold Rallies to record high on US rate-cut optimism
Gold prices soared to an all-time high on Friday as the dollar weakened amid prospects of a U.S. interest rate cut next week, while palladium has gained 15% so far this week.
Gold Edges Higher Amid Softer U.S. Dollar and CPI Expectations
Understanding the Relationship Between Gold Prices and the U.S. Dollar
The relationship between gold prices and the U.S. dollar is one characterized by an inverse correlation. Traditionally, when the dollar weakens, gold tends to rise in value, and this dynamic can be attributed to several interrelated factors. A weaker U.S. dollar enhances the purchasing power of foreign buyers, enabling them to acquire more gold for the same amount of their local currency. Consequently, this increased demand can lead to higher gold prices on the global market.
Tata Motors stock plummets 5.5%, dips below ₹1000 mark after UBS keeps ’sell’ rating
Shares of Tata Motors, a major global automobile manufacturer, fell nearly 5.5 percent in early trading today, reaching ₹978.70. This decline marks the 9th consecutive day of losses for the stock, pushing it below the ₹1000 mark for the first time since late July.