Stock Market LIVE Updates, Wednesday, October 9, 2024: Indian benchmark equity indices BSE Sensex and Nifty 50 climbed at opening bell on Wednesday, ahead of key policy decision and commentary announcements by the RBI’s governor Shaktikanta Das, at a press conference scheduled for 10 AM today. At opening bell, the BSE Sensex was up
Gold prices were little changed on Tuesday, but held above the $2,500 per-ounce psychological level on investor optimism for imminent U.S. rate cuts and lingering concerns about the Middle East conflict. Spot gold was nearly unchanged at $2,513.74 per ounce, as of 0722 GMT. Prices have risen more than 21% this year, hitting a record
Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell’s speech for indications on how much the central bank will cut rates this year. Spot gold edged 0.2% higher to $2,500.08 per ounce by 0254 GMT, trading slightly below an all-time high of $2,509.65 hit
12:00 PM Mining operators face setback as SC permits retrospective state levies A nine-judge Bench of the Supreme Court on Wednesday (August 14) ruled that its July 25 decision, which allows State governments to impose taxes on mining and related activities, will be applied retrospectively, but only for transactions occurring after April 1, 2005, according
Gold prices eased in volatile trading on Monday as investors liquidated positions in tandem with a broader equities sell-off, though analysts said bullion’s safe-haven appeal remains strong as U.S. recession fears mount. Spot gold was down 0.8% at $2,425.04 an ounce by 0856 GMT. U.S. gold futures lost 0.1% to $2,465.90. “There’s some truth in