Gold prices tumbled nearly 3% on Monday. A possible Israel-Hezbollah ceasefire eased geopolitical worries. Scott Bessent’s Treasury nomination also impacted gold. The precious metal lost its safe-haven allure. Traders now eye the Federal Reserve’s November meeting minutes and economic data. These will offer clues about future interest rate decisions. Other precious metals like silver, platinum, and palladium also declined.
Revamped infra monitoring system to be unveiled in January
The Centre’s infrastructure project monitoring system is being revamped to enhance milestone tracking and detailed step-by-step information for projects. The updated system, launching next month,
December 30, 2024