Goldman Sachs Sees Gold Surging to $4,900 by December 2026; Oil Prices Projected to Drop, Copper Still a Long-Term Favorite Goldman Sachs has forecasted that gold prices could soar to $4,900 per ounce by December 2026, representing roughly a 14% increase from current levels. The bank attributes this anticipated rise to strong central bank demand and supportive monetary policies, including potential…
Macro Equities: Earnings This Week: FX & Commodities: Fixed Income: 📊 Investors await US CPI data and Powell’s testimony for further insights. Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Market conditions are subject to change, and past performance is not indicative of future results.
For the first time since December 2021, Brent oil has dropped below $70 a barrel, falling 2.8%, as oversupply concerns continue to grip the market. The decline is driven by several factors: Weak economic data from China and the US—the world’s top two oil consumers—has raised concerns about future demand.Surging output from non-OPEC nations, adding…
At 12:40 PM, the Sensex and Nifty show marginal upward movements of 0.04% and 0.1%, respectively. The Nifty Midcap and Nifty Smallcap segments are performing even better with gains of 0.42% and 0.66%, indicating overall market optimism. Moderate Increase in Volatility The India VIX, a measure of market volatility, has witnessed a moderate uptick of…
