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Gold Futures gain as debt ceiling in US looms
Gold Futures rallied on the MCX as the deadline for the raising the debt ceiling in the US draws near. Gold for December delivery was trading at Rs 29,370, up Rs 63. Silver, which moves in tandem with gold also ...
Gold Futures marginally lower in trade
Gold Futures were trading marginally lower on the MCX with gold for December delivery at Rs 29,941, down Rs 178 over Tuesday's close. Silver on the other hand was trading down by Rs 432 at Rs 49,520. Gold and ...
Failure to lift debt ceiling major event: IMF official
Failure to lift the US debt ceiling would be a major event, Olivier Blanchard, Economic Counsellor and Director of the Research Department, at the IMF has said. "Prolonged failure would lead to an extreme fiscal consolidation and almost surely derail ...
Gold Futures marginally higher on MCX
Gold Futures were trading marginally higher on the MCX with gold for Oct delivery trading higher by Rs 226 at Rs 29,315. Silver Futures in line with gold was also trading higher at Rs 48,604, up Rs 407. Internationally, ...
Markets may remain volatile ahead of debt ceiling talks in US
This week Indian markets rallied, despite falls across European and the US markets. Investors, particularly foreign institutional investors lapped up shares, as the partial shutdown of government in the US, raised hopes of a delay in quantitative easing in the US. ...
What is the US debt ceiling?
The US debt ceiling is a maximum limit set forth by the US lawmakers on the amount of funds that the US government can borrow by the sale of treasury bonds. Time and again the borrowing limit has been increased  as ...
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