Sensex
82,134.73 profit arw 772.86 (0.95%)
Nifty
24,978.95 profit arw 185.70 (0.75%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 18-Dec-2024
Other Markets - Bullion Markets
18-Dec-2024     15:10

Gold holds steady at $2,660; Indian imports hit record high

Gold hovered near $2,660 per ounce, awaiting the Fed's 25bps rate cut and guidance for 2025 amid policy uncertainties tied to the incoming Trump administration. Robust US retail sales (+0.7%) stoked chatter of slower Fed easing. The metal is set to close 2024 with stellar 30% gains, its best since 2010, fueled by safe-haven demand and central bank buying. Meanwhile, India's November gold imports hit a record $14.8B after a levy cut, boosting annual demand by 7%. MCX February gold futures were steady, trading ₹47 higher at ₹76,918 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,134.73 772.86 (0.95%)

Nifty

24,978.95 185.70 (0.75%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,237.75 -472.95(-1.99%)