Why have central banks’ gold purchases come down? High prices, geopolitics weigh; trend of moving away from US assets intact
Escalating prices of gold have contributed to the slowdown in gold purchases. (AI image) After aggressively buying gold in the last year, central banks around the world have now slowed down their purchases of the yellow metal. Central bank gold acquisitions have come down compared to last year, indicating a more measured stance amid global…
Stock market today: Nifty50 opens above 26,000; BSE Sensex up around 300 points
Analysts maintain a positive market outlook, considering favourable global indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 went above 26,000, BSE Sensex was up around 300 points. At 9:16 AM, Nifty50 was trading at 26,013.30, up 77 points or 0.30%. BSE…
