Page 28 - Multi Commodity Exchange News Today

In the previous week marked by heightened activity in the IPO space and increased volatility, equity indices saw marginal declines following seven consecutive weeks of gains. Foreign investors, meanwhile, maintained a net selling stance throughout the past week, divesting over Rs 6,000 crore.

Gold holds great significance in India due to its cultural importance, investment value, and longstanding role in weddings and festivals.

Gold Rate Today: Check gold prices today in different cities on December 24, 2023 (in Rs/10 grams). On December 22, gold futures expiring on February 05, 2024, were trading at Rs 62,972 on the Multi Commodity Exchange.

Christmas market holiday December 2023: Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed on Christmas, December 25, 2023.

Dovish signals from the Fed helped the metal break above the key $2,000

Some states saw some price revision. Maharashtra revised its fuel rates by bringing down petrol prices by 61 paise and diesel by 59 paise. Fuel rates were also slashed by 12 paise in Rajasthan.

On the Multi Commodity Exchange, copper contracts for delivery in December traded higher by Rs 1.65 or 0.22 per cent at Rs 735.20 per kg in a business turnover of 4,591 lots.

The Sovereign Gold Bond Series 2023-24 Series III subscription period opened on December 18 and will close on December 22, 2023.

Analysts say market participants will focus today on US Q3 GDP data and weekly jobless claims

Analysts say market participants are cautious ahead of the release of US GDP and inflation data, scheduled for later this week