Spot gold up 0.7% at $4,141.09 per ounce
Emerging markets are displaying surprising economic resilience in light of the Federal Reserve's tightening measures. Stronger fiscal fundamentals and high bond yields provide emerging market central banks with greater flexibility. Some countries are even considering rate cuts, which may not have been possible in the past. Investor sentiment is shifting towards emerging markets as they are viewed more favorably compared to developed economies.
Bihar Police is currently verifying the identity of a man arrested for allegedly firing at actor Tiger Shroff. The accused, Ritik from Begusarai, was apprehended along with two others after the incident in Mumbai. Authorities are investigating claims made by Ritik's parents, who do not recognize him in the photograph shown. An audio clip linked to a gangster suggests the attack was motivated by a feud with Salman Khan.
Wall Street opens lower as renewed weakness in AI-linked stocks and higher oil prices weigh on the major indexes. The Dow Jones slips 0.01%, while the S&P 500 falls 0.15% and the Nasdaq drops 0.37%. Investors remain cautious ahead of major corporate earnings reports due this week.
In an emotional message to supporters, Dipke urged them to spend time with their families during the festive period, while remembering Das and Ranka, who have been in jail since October 13 and could not be with their loved ones. He said the families of those involved in the movement were also bearing the consequences of their decision to protest.
Amit Shah slammed the AAP government, saying it failed to curb the menace, and the drug trade continues to grow day by day in Punjab. After visiting Gurdaspur, Mansa and Sangrur, Shah spoke to reporters in Ludhiana, where he said he never felt so deeply saddened in his life.
Investors find the current level attractive as the yellow metal hovers below $4,200 an ounce with $4,000 as the floor
Vivek Ramaswamy is focusing on local issues as he campaigns for Ohio governor after his presidential run. His proposed property tax reductions are raising questions about funding and service impacts in communities. Ramaswamy's campaign is also addressing concerns about data centers and their local effects. Despite Trump's endorsement, the election remains competitive, illustrating voter concerns about broader economic conditions.
Exporters eye Christmas orders as gold price declines, supporting festive demand and buying
Launched at the UN Biodiversity Conference, the New Species Recovery Alliance has garnered a substantial pledge of $500 million. This collaborative initiative, involving nine organizations including the Bezos Earth Fund, is set to combat species extinctions and facilitate the recovery of endangered species globally. With over 31,000 species facing extinction, urgent conservation measures are more crucial than ever, as the alliance partners with local groups to develop effective recovery strategies.
Hilton Worldwide plans to shift its stock listing from the NYSE to Nasdaq, with shares set to begin trading under the HLT ticker on November 5. The hotel operator says Nasdaq's focus on technology and innovation aligns with its growth strategy as it strengthens its technology and innovation efforts.
Neha Bora, the president of the All India Students’ Association, has emerged as a notable activist advocating for farmers’ rights, educational reforms, and electoral transparency. Originating from Khatima, Uttarakhand, she is a dedicated PhD scholar at Jawaharlal Nehru University. Recently, her stand against the Special Intensive Revision of electoral rolls led to her detention, highlighting the vigorous student activism in India tackling critical social issues.
