Muthoot Finance sees strong growth in gold loan portfolio

 21 Nov 2024 01:13 PM

See, when the loan is given for one year and thereafter, it is treated as an NPA after 90 days. So, when it becomes an NPA, the option for us and the customer has not paid the interest or closed the loan, it is for us to ask him to do it and if he is not doing, then go for auction.

Gold Price Today: Yellow metal prices extend rally, opens at Rs 76,198/10 gm; Silver at Rs 90,431kg

 21 Nov 2024 10:46 AM

Gold futures continued their rally at MCX, supported by geopolitical tensions and safe-haven demand, while silver faced slight decline.

Stock market update: Stocks that hit 52-week highs on NSE

 21 Nov 2024 09:59 AM

Jindal Poly Investm, Pearl Global, Power & Instrument, Tera Software and Sky Gold, hit their fresh 52-week highs at 09:59AM.

Gold extends gains on Russia-Ukraine jitters

 21 Nov 2024 07:18 AM

Gold prices edged up for a fourth day, driven by safe-haven demand amid escalating Russia-Ukraine conflict and uncertainty surrounding U.S. interest rates. While Ukraine deployed Western missiles against Russia, investors awaited U.S. jobless claims data and Fed officials' remarks for clues on future rate decisions.

UBS joins GS in forecasting gold's rally isn't over yet

 21 Nov 2024 06:19 AM

There's likely to be a period of consolidation due to the stronger dollar and concerns over the potential for more US fiscal stimulus to lead to higher rates before the precious metal starts climbing again, UBS analysts including Levi Spry and Lachlan Shaw said in a note. Bullion would rise a little further, to $2,950 an ounce, by the end of 2026, they said.

Gold price today: Gold prices jump Rs 2,200/10 gms in a week, silver surges Rs 900/kg

 20 Nov 2024 05:32 PM

Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 900/kg. The MCX opened for the evening session at 5 pm today due to the Maharashtra state elections.

Markets get nuke spooks over Russia-Ukraine flex

 20 Nov 2024 07:43 AM

Global markets reacted with anxiety as Putin threatened nuclear action following Ukrainian missile strikes deep inside Russia, facilitated by the US. European stocks and bond yields declined, while safe-haven assets like gold and the Swiss franc saw gains. The situation escalated after Biden lifted the ban on Ukraine using US long-range missiles against Russia.

Gold jumps Rs 600 to Rs 78,050 per 10 gm; silver climbs Rs 1,500

 19 Nov 2024 05:47 PM

Gold prices jumped Rs 600 to Rs 78,050 per 10 grams in the national capital on Tuesday amid a strong global trend in the overseas market, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity closed at Rs 77,450 per 10 grams.

Gold Price Today: Gold prices surge by Rs 1,500/10 gm in 2 days, silver up by Rs 2,700/kg

 19 Nov 2024 09:51 AM

Gold and silver prices surged in domestic and international markets, driven by escalating Russia-Ukraine tensions and a weaker dollar. Goldman Sachs' bullish outlook on gold, with a target of $3,000 per ounce by December 2025, further supported the price rally.

ETMarkets Smart Talk: Gold, Silver, and Equities: A recipe for portfolio resilience, explains Vinit Bolinjkar

 19 Nov 2024 09:00 AM

With the uncertainty surrounding the U.S. elections now resolved, market attention has returned to fundamentals. A recent 25-bps rate cut by the U.S. Fed provided little relief, as it was already factored into market valuations.