MCX Gold continued its strong upward move last week and closed with a gain of around 0.5%. On the weekly chart, gold prices are clearly making higher highs and higher lows, which confirms that the overall trend is still bullish.
Japanese Investors Eye India with Big Deals in Steel, Banking and Markets
The first three weeks of December witnessed a trio of big-ticket cross-border deals involving Japanese entities, underscoring a renewed surge of interest of investors and corporations to India from the Land of the Rising Sun.
Silver Touches All-Time High as Rate Cut Expectations and Global Tensions Rise
Silver prices have reached a record high, driven by strong expectations of interest rate cuts and growing geopolitical tensions across the world. Investors are moving towards safe-haven assets like silver as uncertainty increases in global markets.
Gold Dulls, Silver Shines Bright: Last Week’s Gold and Silver Price Trend
Gold Loses Shine, But Silver Keeps Running Fast – How Did Prices Move Last Week?
Gold prices have shown some weakness, and its shine looks a little dull for now. On the other hand, silver is moving ahead strongly and continues its upward journey in the bullion market.
Gold Breakout Alert: Neal Bhai Says $4355 Close Key for Spot Gold
Gold Breakout Alert: Neal Bhai said that spot gold is currently near an important breakout level of $4355. He explained that gold must close above $4355 to confirm a strong upward move. Without a clear closing above this level, gold prices may continue to move sideways.
Gold Price Today Below $4,355 as Strong US Dollar Weighs on Rates
Gold (XAU/USD) Gold (XAU/USD) regains ground on Friday, edging modestly higher after earlier weakness, even as a resilient US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD trades around $4,345, recovering from a daily low near $4,309.
Shriram Finance–MUFG Deal: Japan’s MUFG to Invest ₹39,618 Cr for 20% Stake
Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.