Even though the dollar index dipped 0.3%, it wasn’t far from a 20-year high. Stronger greenback makes bullion more expensive for other currency holders. * The benchmark 10-year Treasury yield held close to its highest level in over a decade scaled on Monday. Holdings of SPDR Gold Trust , the world’s largest gold-backed exchange-traded fund, fell 0.30% to 957.95 tonnes on Monday from 960.85 tonnes on Friday.
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors
February 5, 2025