Gold Prices Set To Fall Further After Donald Trump’s Win

by Shambhu Datta Mishra

NEWS HIGHLIGHTS

After the US elections, in the last two days, gold prices have fallen by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg

According to the IBJA, the price of 24-carat gold is Rs 76,570 per 10 grams, the price of 22-carat gold is Rs 74,720, the price of 20-carat gold is Rs 68,130 and the price of 18-carat gold is Rs 62,201

New Delhi, Nov 7: Gold prices continue to fall after the US presidential election and on Thursday, the December future contracts of gold on MCX opened with a decline of 0.37 per cent at Rs 76,369 per 10 grams, while silver December future contracts were trading 0.24 per cent low at Rs 90,601 per kg.

After the US elections, in the last two days, gold prices have fallen by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg.

According to the India Bullion and Jewellers Association Ltd (IBJA), the price of 24-carat gold is Rs 76,570 per 10 grams, the price of 22-carat gold is Rs 74,720 per 10 grams, the price of 20-carat gold is Rs 68,130 per 10 grams and the price of 18-carat gold is Rs 62,201 per 10 grams.

Pranav Mer, Vice President, EBG-Commodity & Currency Research, JM Financial Services said that gold and most other commodities are trading in the negative territory, weighed by a strong US dollar as Donald Trump won the presidential race.

The focus now turns on the US Fed's policy outcome and other economic data.

“We expect more correction only if the given supports are breached and sustained, failing to which prices may again resume its upward journey. Resistance is seen at 78,000 on MCX and $2,755 in an international spot" he added.

Gold prices experienced intense volatility, fluctuating sharply between Rs 78,500 and Rs 77,500 per 10 grams, as the US election outcome bolstered the dollar index, which climbed to 105.

“This dollar strength pushed gold to lows of Rs 77,500 per 10 grams and $2,700 in dollar terms,” said Jateen Trivedi from LKP Securities.

A short-term bearish sentiment seems to prevail, with a critical resistance level at $2,740 and support at $2,680, said experts.

(IANS)

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Shreyas Iyer Smashes Double Century Against Odisha, Continues Fine Form In Ranji Trophy

by Shambhu Datta Mishra

Mumbai, Nov 7: India batter Shreyas Iyer continued his impressive form in the ongoing Ranji Trophy, scoring his third first-class double century against Odisha in the Group A Elite fixture Thursday.

Iyer scored 233 off 228 balls, hitting 24 fours and nine sixes, with a strike rate of 102.19. His innings, along with significant contributions from Siddhesh Lad (169), Angkrish Raghuvanshi (92) and Suryansh Shedge (79 n o), propelled Mumbai to 602/4 declared after being put in to bat by Odisha. Odisha is currently playing in their first innings.

This is Iyer's third double-century in first-class cricket, following his double ton against Punjab in 2015 and a score of 202 against Australia A in 2017.

Iyer is the third-highest run-scorer in the ongoing Ranji Trophy season, amassing 405 runs in four innings at an average of 101.25, including two centuries. His highest score is 233.

In the previous match against Maharashtra, he scored 142. In his first Ranji game of the season against Baroda, he managed scores of 0 and 30.

These substantial scores will undoubtedly bolster Iyer's confidence, especially after being dropped from the Board of Control for Cricket in India (BCCI) central contract list this year due to concerns over his commitment to red-ball cricket.

Iyer was part of Mumbai's Ranji Trophy-winning side this year and also led the Kolkata Knight Riders (KKR) in the IPL, scoring 351 runs in 15 matches at an average of 39.00, with two half-centuries.

He marked his return to red-ball cricket for Mumbai in the Buchi Babu tournament, though he didn't make a major impact. In the season-opening Duleep Trophy, he scored 154 runs in three matches (six innings) at an average of 25.66, with two half-centuries.

Iyer also featured in Mumbai's Irani Cup-winning team against the Rest of India, scoring 57 and eight across the two innings.

He last represented India in Test cricket in February this year, before being dropped due to a slump in form. In 14 Tests, he has scored 811 runs at an average of 36.86, with one century and five fifties in 24 innings. His highest score in Tests is 105.

(ANI)

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Ananya Panday, Lakshya Lalwani To Star In Passionate Love Story ‘Chand Mera Dil’

by Hemanta Pande

Mumbai, Nov 7: Actress Ananya Panday and Lakshya Lalwani, who made his film debut with “Kill”, will be seen sharing screen space together in the upcoming romantic movie “Chand Mera Dil”.

Ananya and Lakshya took to their respective Instagram handles, where they shared several posters from the upcoming movie, which hinted that the movie is all about “love”.

The two captioned the post: “Pyaar mein thoda paagal hona hi padta hai… Chand Mera Dil, directed by Vivek Soni. Coming to cinemas in 2025. @lakshya @karanjohar @adarpoonawalla @apoorva1972 @somenmishra @vivek.sonni @marijkedesouza @paranjapetushar @dharmamovies.”

The film, which will release in 2025, is directed by Vivek Soni, who has previously made

“Meenakshi Sundareshwar”, starring Sanya Malhotra and Abhimanyu Dassani in 2021.

Sharing the same posters, Karan Johar, whose Dharma Productions is presenting the movie, took to Instagram, describing the film as a “passionate love story”.

He wrote: “We have two chands ready to bring an intense & passionate love story like no other!!!

Pyaar mein thoda paagal hona hi padta hai… Chand Mera Dil, starring Ananya Panday & Lakshya.

Directed by Vivek Soni. Coming to cinemas in 2025.”

The film’s title seems to have been inspired by the song “Chand Mera Dil Chandni Ho Tum” from the 1977 film “Hum Kisise Kum Naheen”. The song was sung by Mohammed Rafi. The film

featured Rishi Kapoor, Tariq, Kaajal Kiran, Amjad Khan and Zeenat Aman in a special appearance.

Talking about Ananya, she was last seen in “CTRL”, a screenlife thriller film directed by Vikramaditya Motwane. It also has Vihaan Samat. The film was about a social media influencer couple. When the boyfriend cheats on her, she turns to an AI app to erase his digital existence on her computer and social media.

Meanwhile, Lakshya rose to fame with his performance in “Kill”, directed by Nikhil Nagesh Bhat. The cast of the film also includes Tanya Maniktala and Raghav Juyal. “Kill” traced the story of a train ride to New Delhi becoming a combat battleground as a pair of commandos faces off against an army of invading bandits.

--IANS

Gold Prices Set To Fall Further After Donald Trump’s Win

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