As traders say, the “trend is your friend,” and technically, Gold is in a strong uptrend in all time frames.

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the U.S. Federal Reserve earlier in the week whetted investor risk appetite across global markets.

U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.

It is difficult to predict if the latest action by the US Federal Reserve will be a fillip for the global economy, as geopolitical conflicts continue amid a slowing global economy, Nageswaran said.

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares climbed to a record high on Thursday, buoyed by expectations of a rise in foreign inflows after the U.S. Federal Reserve kicked off its monetary easing cycle with a large half-percentage point rate reduction.