Shares of Multi Commodity Exchange of India (MCX) plunged nearly 9 per cent in intra-day trade on Friday after the exchange said market regulator Sebi has asked it to delay the launch of the Commodity Derivatives Platform (CDP). The stock plunged 8.84 per cent to Rs 1,914.60 during the day on the BSE. Later, it […]
Day: April 25, 2023
Gold stays near 1-month lows as US dollar, yields hold groundGold stays near 1-month lows as US dollar, yields hold ground
By Jigar Trivedi Comex gold is seen below the $1,920 an ounce mark, near one-month lows on Friday and tracking lower Treasury prices as markets remained skeptical over the Fed’s course of action following the latest economic releases. Fed officials signaled that there is still more work to do to bring inflation down, stoking fears […]