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Gold rate today: Ahead of Dhanteras, gold prices hit record high of Rs 1.28 lakh per 10 grams; will the rally sustain?

Gold is also likely to remain a safe-haven asset, supported by concerns over rising and potentially unsustainable debt levels. (AI image) Gold rate today: Gold prices are continuing their record run, with yellow metal rising to Rs 1,28,395 per 10 grams in MCX Gold futures trading. Internationally, gold prices crossed the $4,250 per ounce mark.Gold…

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Asian equities climb: Investors weigh US-China trade tensions, Fed rate cut expectations; gold rallies

Asian markets edged higher on Thursday as investors weighed escalating tensions in the US-China trade war alongside expectations that the Federal Reserve will continue cutting interest rates this year.The region’s gains follow a broadly positive session on Wall Street and mark a second consecutive day of recovery, as traders focused on softer US economic data…

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Big boost for semiconductor mission: India’s first multi-chip module rolls out; firm ships 900 power units to US firm AOS

In a significant leap for India’s semiconductor ambitions, the country’s first commercially packaged multi-chip module (MCM) rolled out early Wednesday from Kaynes Semicon’s outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. The shipment, comprising 900 intelligent power modules (IPMs), has been delivered to California-based Alpha & Omega Semiconductor (AOS). A milestone for India…

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Gold & silver price prediction today: Will bullish momentum of MCX Gold, MCX Silver continue ahead of Diwali? Here’s the outlook for gold, silver rates

Given the ongoing geopolitical tensions, inflationary concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. (AI image) Gold and silver price prediction today: Both gold and silver prices are exhibiting strong bullish momentum and investors should look to buy on dips, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional…

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China files plaint against India at WTO over EV sops

China has filed a complaint against India at WTO over New Delhi’s subsidies for electric vehicles and batteries. The Chinese commerce ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies.These measures unfairly benefit India’s domestic industries and undermine China’s legitimate interests,…

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