MCX initially said trading would resume at 9:45 AM, but later delayed it to 10:10 AM due as trading in the platform had not resumed
Limit allocation to 10 per cent of portfolio and enter with 7-10-year horizon
Gold price outlook: The yellow metal price is likely to be influenced primarily by the US Dollar Index and tariff news flow
Gold prices are caught between the impact of strong US data and the possibility of trade friction as trade negotiations continue
The World Bank expects silver demand to remain robust, supported by the grey metal's dual role as both an industrial input and a safe-haven asset
Gold is expected to fall sharply in case the Trump Administration decides to extend the July deadline
Indian Rupee today: The domestic currency rose 14 paise to end at 86.59 against the dollar, according to Bloomberg
Motilal Oswal Wealth Management recommends buying in the range of ₹882 - ₹880, with a stop-loss below ₹855 on a closing basis
Markets regulator Sebi on Thursday directed stock exchanges with commodity segments to ensure their Product Advisory Committees (PACs) meet at least twice a year, or more frequently if necessary. However, in the case of agricultural commodities, the PAC is required to meet at least once annually. Sebi's 'Master Circular for Commodity Derivatives Segment' in August 2023 issued various compliance requirements for stock exchanges and clearing corporations operating in the commodity derivatives segment. As per the Master Circular, each stock exchange is mandated to constitute a Product Advisory Committee for every group or complex of commodities that share common stakeholders or value chain participants, and on which derivatives are either currently traded or proposed to be introduced. Based on representations from market participants and following deliberations by Sebi's Commodity Derivatives Advisory Committee (CDAC), the regulator has revised the meeting frequency guidelines for ...
Indian Rupee today: The domestic currency appreciated 10 paise to close at 85.80 against the dollar, after closing at 85.90 on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency appreciated 3 paise at open to 85.87 against the greenback, after closing at 85.90 on Wednesday
Indian Rupee today: The domestic currency closed 31 paise lower at 85.90 against the greenback, after closing at 85.59 on Tuesday
Indian Rupee today: The domestic currency opened 13 paise lower at 85.39 against the greenback, after closing at 85.52 on Monday
Indian Rupee today: The domestic currency ended 6 paise lower at 85.36 against the US dollar, after closing at 85.52 on Thursday
Indian Rupee today: The domestic currency closed 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday
Indian Rupee today: The domestic currency ended 2 paise weaker at 85.36 against the US dollar, after ending at 85.34 on Tuesday
Spot gold may test the support zone of $3,250-$3,257 (₹93,700-₹93,950). Downside from current level may be limited though.
Silver rate today: Improvement in risk appetite due to President Trump delaying European tariffs and stabilising bond yields are likely to support Silver prices
Indian Rupee today: The domestic currency opened 29 paise weaker at 85.63 against the US dollar, after ending at 85.34 on Tuesday
Indian Rupee today: The domestic currency closed 25 paise weaker at 85.34 against the US dollar, after ending at 85.09 on Monday