Gold prices edged higher as investors awaited key U.S. economic data this week, including nonfarm payrolls, for clues on the Federal Reserve’s interest rate path. Traders are now pricing in a lower probability of a rate cut next month, while a firm dollar and subdued physical demand weighed on the precious metal.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of