Gold rises as dollar eases; US inflation data on radar

Gold prices edged higher on Tuesday due to a weakening U.S. dollar, as investors gear up for crucial inflation data that could sway the Federal Reserve’s policy direction. A 60% likelihood of an impending rate increase looms over the market, potentially dampening gold’s attractiveness amid soaring interest rates. In parallel, other precious metals, including silver,…

Can Kanohar Electricals IPO deliver long-term growth for high-risk investors?

Kanohar Electricals plans a ₹300 crore IPO to boost transformer manufacturing capacity. The company’s promoter stake will significantly decrease after the offering. Rising power demand and government initiatives are expected to benefit the business. However, significant customer and supplier concentration risks are present. Investors may observe financial performance post-listing before committing capital.