On Friday, gold and silver prices on the MCX rebounded from early lows, while international gold prices remained flat. The Federal Reserve’s rate cut failed to meet dovish expectations, leaving investors awaiting further cues on U.S. policy. Manoj Kumar Jain suggests specific trading ranges for gold and silver on the MCX, advising to sell silver around Rs 1,27,500.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.