Gold prices dipped in early Asian trade after reaching a near three-week high. Investors are booking profits as expectations grow for a U.S. interest rate cut this month. Meanwhile, silver has surged to a record high. Market watchers are awaiting key U.S. economic data to further gauge the Federal Reserve’s next move on interest rates.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.