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Friday, April 26, 2024    
Asian Paints  2844.60  (-0.59%)
 
Axis Bank  1130.05  (0.24%)
 
Bajaj Finance  6729.85  (-7.73%)
 
Bajaj Finserv  1597.10  (-3.55%)
 
Bharti Airtel  1325.50  (-0.78%)
 
HCL Technologi..  1472.30  (-2.08%)
 
HDFC Bank  1509.75  (-0.06%)
 
Hind. Unilever  2221.50  (-0.43%)
 
ICICI Bank  1107.15  (-0.53%)
 
IndusInd Bank  1445.85  (-3.36%)
 
Infosys  1430.15  (-0.57%)
 
ITC  439.95  (0.56%)
 
JSW Steel  886.60  (-2.09%)
 
Kotak Mah. Ban..  1608.40  (-2.11%)
 
Larsen & Toubr..  3602.30  (-1.32%)
 
M & M  2044.25  (-2.45%)
 
Maruti Suzuki  12687.05  (-1.70%)
 
Nestle India  2483.80  (-3.08%)
 
NTPC  355.75  (-0.71%)
 
Power Grid Cor..  292.10  (-0.34%)
 
Reliance Indus..  2903.00  (-0.53%)
 
St Bk of India  801.40  (-1.38%)
 
Sun Pharma.Ind..  1504.25  (-1.07%)
 
Tata Motors  999.35  (-0.14%)
 
Tata Steel  165.85  (-1.04%)
 
TCS  3812.85  (-1.01%)
 
Tech Mahindra  1277.45  (7.34%)
 
Titan Company  3584.40  (0.33%)
 
UltraTech Cem.  9700.20  (0.17%)
 
Wipro  464.65  (0.79%)
 
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COMEX Gold Breaks Well Above $1900 Per Ounce     Back
(11:22, 21 Oct 2020)
Gold stayed supported as a break above $1900 extended. The metal quotes at $1922 per ounce, up 0.38% on the day. US stocks recovered after the correction seen on Monday as market focussed on fresh aid package to bolster the economic recovery. The World Gold Council (WGC) noted in a survey that Russian investors believe gold offers security. Gold is seen as an effective store of value. Most Russian investors believe it holds its long-term value and protects against currency and inflation fluctuations. Two thirds of them say that it evokes feelings of long-term security. Gold is not currently considered a mainstream investment among Russia. But there is a significant conversion opportunity, says WGC. Around 68% of the survey participants noted that Gold is a good safeguard against inflation/currency fluctuations.
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