Gold prices have reached an all-time high in early Asian trading. This surge is driven by investors seeking safe havens for their money. Expectations of further interest rate cuts by the U.S. Federal Reserve are also contributing to the rise. Spot gold saw a significant increase, touching a new peak. This development is closely watched by markets.
Nomura names GE Vernova, CG Power, 4 others among top plays on India’s decadal data centre opportunity
India’s data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong