Gold and silver prices hit new lifetime highs in the opening trade on Monday continuing their dream run on the Street. Gold contracts on MCX hit a life high of Rs 71,080 per 10 grams jumping Rs 440 or 0.62%. Meanwhile, silver futures scaled a new peak of Rs 82,064. It was trading at Rs …
The subscription for Sovereign Gold Bonds 2023-24 Series III will be open for a period of five trading days, starting from December 18 and ending on December 22. The bonds are scheduled to be issued on December 28, 2023. The price for this issue will be announced by the Reserve Bank of India (RBI) soon. …
Dismal US monthly job report and ISM services data Friday sank the US yields and consequently, the US Dollar index, which propelled the gold prices above $2000. However, reduced geopolitical concerns led to a decline from the day’s high. Spot gold closed with a gain of 0.36% at $1992.72. It was lower on the week …
Sovereign gold bond 2023: The second tranche of the sovereign gold bond 2023 has opened today and it will remain open for subscribers till 15th September 2023. This means interested investor can apply for sovereign gold bond scheme till Friday this week. The Reserve Bank of India (RBI) on Friday declared sovereign gold bond price …
Highlight of the week ending September 8 was a somewhat unexpected surge in the US yields despite a softer than expected US non-farm payroll report for the month of August released on September 1. Notwithstanding the somewhat weaker than expected monthly job report, the US yields surged on the huge quantum of corporate bond issuance …