Page 43 - Multi Commodity Exchange News Today

Analysts advice traders to buy the previous metals on dips

On the sectoral front, the metal index was up 1.3 percent, PSU bank index was up 0.7 percent and auto index was up 0.4 percent, while realty and healthcare indices ended lower

The price of yellow metal shot up in response to the war between Israel and Palestine. Israel launched airstrikes on Gaza last Saturday, 7 October

Gold rate today: Gold carries immense significance in India owing to its cultural importance, investment value, and traditional role in weddings and festivals.

Shares of Multi Commodity Exchange of India (MCX) rallied over 11% to hit an all-time high of Rs 2,179.45 on the NSE, remaining unbeaten for five consecutive sessions.

Better-than-expected economic data from the US is boosting bets that interest rates would stay high for longer, lifting dollar and bond yields

The company further noted that this change in trading-hour commencement is only for the first day of trading. From October 17, the trading hours will begin at the usual time, i.e. 9 am.

In Delhi, the price of 22-carat gold stayed at Rs 54,150 per 10 grams and that of 24-carat at Rs 59,060 per 10 grams

On October 12, StockEdge reported that a handful of stocks were in an overbought zone but had declining Relative Strength Index (RSI) trends. ETMarkets has selected 4 stocks from this group to examine why RSI is an essential indicator for investors and what to make of this unique situation.

Analysts say the dollar index has also seen a correction and that signals support for gold