COMEX Gold dropped to its lowest level in three months, pressured by a strong US dollar intruding into fresh two-decade highs. The dollar index soared to 104.93, hitting new 20-year peaks on renewed worries of aggressive tightening by Federal Reserve following hot inflation data coupled with heightened risks surrounding the Russian invasion of Ukraine, that led investors to fly for safety. Russia has said it […]
The key equity indices extended gains and hit fresh intraday high in early afternoon trade. The Nifty traded above the 16,000 mark. FMCG resumed their uptrend after declining in the past two sessions. At 12:17 IST, the barometer index, S&P BSE Sensex advanced 644.04 points or 1.22% to 53,574.35. The Nifty 50 index rose 216.05 points or 1.37% to 16,024.05. In the broader market, the […]
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