Gold October futures on MCX hit a fresh all-time high of Rs 1,02,191/10g, driven by US trade tariff uncertainty and central bank buying. Silver also remained strong. Analysts expect continued volatility but maintain a positive outlook amid global risks. Gold and silver are poised for a second straight week of gains, supported by bullish technicals and rising physical demand.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.