After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector […]
Copper Prices
Copper soared to a new record high, continuing a months-long rally fueled by financial investors who have entered the market expecting supply shortages. Futures on the London Metal Exchange surged up to 4.1 per cent, reaching $11,104.50 per ton and surpassing the previous record set in March 2022. The global […]
The spot gold price jumped to a record high of $2450.49 per ounce earlier in today’s session. This year so far, the prices have jumped 18.65%, outpacing the returns of equities and bonds. Last week’s data indicated a moderation in inflation, leading traders to anticipate a 65% chance of a […]