Gold slumps Rs 450 to Rs 73,600 per 10 gram; silver plummets Rs 1,650

Gold slumps Rs 450 to Rs 73,600 per 10 gram; silver plummets Rs 1,650

Gold prices slumped by Rs 450 to Rs 73,600 per 10 grams in the national capital on Wednesday, extending losses for the third straight session amid a decline in precious metal rates in the overseas markets. In the previous session, the yellow metal of 99.9 per cent purity had closed at Rs 74,050 per 10 … Read more

Asian stocks: Asian stocks rebound after upbeat US economic data

Asian stocks: Asian stocks rebound after upbeat US economic data

Asian stocks advanced as upbeat US growth data suggested the Federal Reserve is engineering a so-called soft landing for the economy. Equities in Australia and South Korea rose while those in Japan inched up. The MSCI Asia Pacific Index headed for a fourth month of gains as traders awaited a key US inflation report due … Read more

Asian stocks: Japan leads Asian stocks higher after holiday

Asian stocks: Japan leads Asian stocks higher after holiday

Asian stocks climbed, with equity benchmarks in Japan rising after a holiday as a weaker yen is seen providing support for exporters. Shares also advanced in South Korea. MSCI’s Asia-Pacific stock index traded at its highest level since Aug. 5, after its recovered from last week’s rout. The S&P 500 closed steady as traders look … Read more