Daily trending news …
Spot gold surged to an all-time high of $4,383.73 per ounce on Monday, extending a rally that has gathered pace over the past two weeks. The precious metal has climbed nearly 67% so far this year, buoyed by expectations of further US Federal Reserve rate cuts after last week’s quarter-point reduction.
Gold surged to a 7-week peak above $4,325 on Monday amid a weakening dollar and falling US Treasury yields, as markets anticipate Federal Reserve rate cuts in 2026. Spot gold rose 0.4% to $4,320 while futures gained 0.6%.
Indian stock markets have surged today, primarily driven by gains in the technology sector. Positive sentiment surrounding Bihar election predictions and US-India trade talks further bolsters investor confidence.
