Stay updated with breaking news from Ommodities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We knew that yesterday was going to be a good day – at least for the stock markets, given that Nvidia defied the expectations that it would - maybe – fail to deliver $20bn sales in the latest quarter.
Very risk-on day in S&P 500 with only the opening two hours seeing some selling – the buyers prevailed till the close, assuming the reins 1-2 hours earlier than I anticipated.
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.00 on Thursday.
Gold price (XAU/USD) edges higher during the Asian session on Thursday, albeit remains below the 50-day Simple Moving Average (SMA) pivotal resistance, around the $2,032 area, or over a one-week high touched the previous day.
According to Geojit, India's spices exports during Apr-Nov rose 6.1% on year to 953,303 tn, according to data from the Spices Board India. In terms of value, exports for the period rose 3.8% to $2.68 bln from $2.58 bln a year ago.