Gold prices may cross $4,000 per ounce by second quarter of 2026: JP Morgan

Spot gold, which has gained 29% and hit 28 record highs this year, touched the $3,500 per ounce milestone for the first time on Tuesday (April 22).

Spot gold, which has gained 29% and hit 28 record highs this year, touched the $3,500 per ounce milestone for the first time on Tuesday (April 22).

US equity-index futures soared and a gauge of the dollar’s strength rose for a second day in a broad lift for American assets. Asian shares advanced at the open while gold retreated

Oil prices rose as President Trump stated he wouldn’t fire Fed Chair Powell. Brent neared $68, WTI traded near $64. US crude stockpiles fell by 4.57 million barrels last week, as per an American Petroleum Institute report.

Bajaj Housing Finance had already disclosed its provisional business updates for the March quarter earlier this month.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 24,167.25, while Sensex ended at 79,595.59.

US Stock Market Live: After a strong rally on Tuesday, where benchmark indices on Wall Street recovered everything they lost on Monday, futures are surging as well, indicating a continuation of the upmove. The Dow futures are up 650 points,…

Tesla’s results for the first quarter were an all-round miss as the company’s revenue declined by 9% below the $20 billion mark to $19.34 billion. The figure was below the $21.11 billion average estimate of analysts tracking the stock.

Delta Corp Limited reported a 127.4% YoY rise in Q4 net profit to ₹164.6 crore. Revenue dipped 1.2% to ₹182.6 crore, and EBITDA fell 12% to ₹42.5 crore. A 125% final dividend was recommended.

Waaree Energies Ltd’s Q4 net profit rose 34.1% YoY to ₹618.9 crore, with revenue up 36.4% to ₹4,003.9 crore. EBITDA increased 120.6% to ₹922.6 crore. FY25 PAT grew 107.08% YoY to ₹1,932.15 crore.

Going forward, the trend continues to look optimistic, at least as long as the Nifty 50 does not fall decisively below 24,000, analysts believe.