Liquidity from global equity markets fuelling fresh investment in gold
The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
The rally in the domestic market was after the US Federal Reserve maintained its projection of three rate cuts this year, boosting investor sentiment.
Narendra Modi was addressing a post-Budget webinar on Agriculture and Cooperatives, the second in the series of 12 post-Budget webinars.
'The company will use the proceeds for onward lending and other activities as may be permitted by the ECB directions.'
Market analysts said the rise in gold prices was mostly due to widening of positions by participants in domestic markets.
Indian markets may gain on Wednesday as US President Donald Trump signalled easing of US-China trade tensions.
The benchmark index touched a high of 35,545.85 and a low of 35,324.37 while the NSE's Nifty was trading 44.05 points higher at 10,660.75.
Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower after the fiscal deficit…
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