“Even after the 75 bps consecutive rate hike by the Fed and indication that “another unusually large increase would be appropriate in the next meeting” the US markets staged a smart bounce back with S&P 500 and Nasdaq rising by 2.62% and 4.06% respectively,” Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin