The US dollar strengthened as investors awaited US inflation data and speeches from Federal Reserve officials. Meanwhile, the Chinese yuan weakened due to disappointing stimulus measures from Beijing. The Australian and New Zealand dollars also declined because of their exposure to the Chinese economy.
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Gold subdued as investors await US data, comments from Fed officials (11-11-2024)
Gold prices held steady as investors awaited upcoming speeches from Federal Reserve officials and key economic data releases, seeking clues about future U.S. interest rate adjustments. The recent Fed rate cut and upcoming data like CPI and PPI figures are being closely watched for their potential impact on gold’s appeal.
Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,350 (11-11-2024)
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 72,740
Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,350 (11-11-2024)
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 72,740
Prithvi Exchange (India) consolidated net profit declines 22.25% in the September 2024 quarter (11-11-2024)
Sales decline 11.29% to Rs 986.49 crore
Vinayak Vanijya reports standalone net loss of Rs 0.02 crore in the September 2024 quarter (11-11-2024)
Reported sales nil
Shree Vasu Logistics reports standalone net loss of Rs 0.05 crore in the September 2024 quarter (11-11-2024)
Sales rise 8.40% to Rs 34.60 crore
Bonlon Industries standalone net profit rises 135.00% in the September 2024 quarter (11-11-2024)
Sales rise 56.54% to Rs 204.65 crore
Apollo Finvest (India) standalone net profit rises 22.96% in the September 2024 quarter (11-11-2024)
Sales rise 83.90% to Rs 7.08 crore