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Gold has surged over 50 record highs since last Christmas, trading at ₹1,38,097 per 10 grams, an 80% increase. Geopolitical tensions and the US dollar's weakening have driven demand for gold as a safe-haven asset, with spot prices rising 71% to $4,479 per troy ounce. Continue Reading »
In the domestic spot market, gold prices have rallied a whopping 80% in a year. Its poorer cousin silver has rather outshone the yellow metal with a massive 150% surge. Against such a performance, Sensex's near 9% gain seems minuscule. Continue Reading »
According to data from Capitaline, Force Motors and L&T Finance are the only two Nifty 500 constituents that have emerged as multibagger stocks, effectively more than doubling investor wealth. Continue Reading »
The value of China’s only pure-play silver fund plunged by its maximum daily limit of 10% on Thursday, ending a frenzied bull run that had prompted its manager to issue a rare series of warnings. Continue Reading »
Yatayat Corporation India Limited has filed its Draft Red Herring Prospectus with SEBI for an IPO of up to 1.33 crore equity shares, including a fresh issue and an offer for sale. The company focuses on road logistics, serving various sectors and recording significant growth in revenue and profit. Continue Reading »
Gujarat Kidney's IPO saw strong demand, being subscribed 5.21 times by Day 3. Allotment is expected on December 26, with shares listing on December 29. Despite muted investor sentiment and a grey market premium of ₹0, the company plans strategic investments from the raised funds. Continue Reading »
This rally in metal stocks stems from various factors and not any standalone trigger. The first and foremost is the expectations of the rate cuts by the Federal Reserve, which supports dollar-denominated commodities. Continue Reading »