Market
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Gold rises on easing Dollar rally, but concerns remain over rate hikes
Market | Feb 28, 2023, 10:09 AM ISTAccording to Bart Melek, who is the Head of Commodity Markets Strategy at TD Securities, despite having support at $1,806, gold prices have been declining due to higher-than-anticipated inflation, and the economy has remained robust.
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Bitcoin takes a hit as market reacts to key inflation indicator
Market | Feb 25, 2023, 10:14 AM ISTThe cryptocurrency market is experiencing a decline as investors are taking on less risk. Today, the entire crypto market is in the red with most digital currencies experiencing a dip in value. This shift in investor sentiment towards risk has led to a sell-off of crypto assets.
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Bitcoin stands around $24,000
Market | Feb 24, 2023, 11:01 AM ISTThe cryptocurrency market has seen a mix of gains and losses, with Bitcoin holding steady near $24,500 and Solana surging over 12%. Other major cryptocurrencies, including Ethereum and Cardano, have experienced slight declines.
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Gold market sees ongoing selling pressure despite US economic growth of 2.7%
Market | Feb 24, 2023, 11:00 AM ISTThe US Bureau of Economic Analysis has reported solid growth of 2.7% in the second reading of the fourth-quarter Gross Domestic Product, slightly lower than the initial estimate of 2.9%, while personal consumption contributed to the latest downward revision, as it increased by 1.4%.
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Gold takes a dip: Investors brace for the impact of stronger dollar and hawkish fed
Market | Feb 23, 2023, 09:54 AM ISTThe recent strength of the US dollar and the possibility of a more hawkish monetary policy from the Federal Reserve has put pressure on gold prices.
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Cryptocurrency market suffers significant drop as Bitcoin experiences 3.35% decline
Market | Feb 23, 2023, 09:41 AM ISTThe global cryptocurrency market experienced a 2.78% decline on Wednesday following a surge the day before. This was mainly due to losses in Bitcoin, Ethereum, and other alternative cryptocurrencies.
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Bitcoin skyrockets by 14%: Insights into future price predictions and factors driving fluctuations
Market | Feb 22, 2023, 09:52 AM ISTThe worth of Bitcoin has escalated by 14%, sparking conjecture about its upcoming direction. In this report, we will explore common predictions for Bitcoin's price and analyze the causes that have impacted recent variations in its value.
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What is no-cost EMI scheme? How it functions - Explained
Personal Finance | Feb 21, 2023, 06:20 PM ISTAlthough no-cost EMIs are quite inexpensive, it's necessary to be aware of the offers in order to get the most out of them.
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Gold imports plunge by 71% to lowest in 20 months as demand wanes amid rising prices
Market | Feb 21, 2023, 09:54 AM ISTThe domestic markets have recently witnessed a notable decline in gold prices, hitting a five-week low. This downturn is attributed by market experts to apprehensions over the potential hike in interest rates by the US Federal Reserve and a series of strong economic data being released by the US.
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Bitcoin inches up by 3.61% but struggles to surpass resistance levels
Market | Feb 21, 2023, 09:50 AM ISTBitcoin, the cryptocurrency with the largest market capitalization, increased by 3.61% and was trading at $25,062.33. Ethereum also saw a rise of 3.13% and was trading at approximately $1,725.61.
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Crypto Market Update: Bitcoin and Ethereum surge, reaching impressive trading figures
Market | Feb 19, 2023, 10:01 AM ISTBitcoin and Ethereum experience a significant increase in value, recovering approximately 5% of their worth in recent days. This positive trend has come after weeks of downturn in the crypto market, and investors are taking it as a positive sign.
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Gold takes a hit as strong US economic data sparks concerns of tighter policy
Market | Feb 19, 2023, 09:58 AM ISTIn recent days, gold prices have experienced a significant downturn, dropping to a five-week low in the domestic markets. Market experts attribute this decline to concerns over the US Federal Reserve potentially increasing interest rates, as well as a slew of robust economic data coming out of US
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Bitcoin and Ethereum take a hit as cryptocurrency market drops over 3% in 24 hours
Market | Feb 18, 2023, 09:18 AM ISTBitcoin and Ethereum, both experienced a decline in value. Bitcoin decreased by 3.32% and was trading at $24250, while Ethereum had a 2.72% decline and was trading at around $1,691.88.
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Bitcoin surges past $25,000, Ether also sees gains
Market | Feb 17, 2023, 09:50 AM ISTDubai's crypto-friendly regulations have helped to foster a thriving industry, attracting both Web3 and crypto businesses, as well as traditional companies incorporating innovative technologies like cryptocurrencies, NFTs, and the metaverse.
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Gold and silver prices steady after US inflation report, PPI exceeds expectations
Market | Feb 17, 2023, 10:17 AM ISTGold and silver prices have shown slight weakness or have remained steady during early U.S. trading on Thursday, in the wake of a U.S. inflation report that disclosed an increase in inflation.
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Gold prices edge up as US CPI data meets expectations
Market | Feb 15, 2023, 09:58 AM ISTInvestors were awaiting the release of the US Consumer Price Index (CPI) data, which measures inflation and can impact the value of the precious metal.
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Bitcoin makes a comeback: Surpasses $22K despite calm reaction to inflation data
Market | Feb 15, 2023, 09:56 AM ISTOn Feb 14, 2023, the price of Bitcoin (BTC) surpassed $22,000, reversing an earlier dip caused by the release of the US Consumer Price Index (CPI) data.
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Gold and silver prices dip ahead of key US inflation report
Market | Feb 14, 2023, 10:22 AM ISTMidday trading in the U.S. has seen a decrease in gold and silver prices, with silver hitting its lowest point in 2.5 months and gold reaching a five-week bottom. The recent decline in technical outlook for both metals has triggered some selling pressure.
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Crypto correction continues: Bitcoin hits 3-week low as SEC cracks down on unregistered securities
Market | Feb 14, 2023, 10:21 AM ISTCryptocurrency prices saw a drop on Monday, continuing from the dip on Friday, as the SEC increased its enforcement efforts in the crypto market. The Kraken exchange was penalized with a $30 million fine for violating SEC rules by offering unregistered securities.
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Salasar Techno's consolidated income rises more than 50% in December quarter, stock up 2%
Business | Feb 12, 2023, 04:42 PM ISTThe company's total income during the quarter under review rose to Rs 24093.44 lakh from Rs 17395.49 lakh in the same quarter last fiscal. Its September quarter total income stood at Rs 25878.33 lakh.