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Gold reached a new record high on Tuesday, surpassing $4,100 levels, as investors bet on the US Federal Reserve rate cuts and react to renewed US-China trade tensions. Silver also hit life-time high, benefiting from the same safe-haven demand.Spot gold was up 0.2% at $4,117.72 per ounce at 07:16 GMT, after earlier touching $4,179.48, according…
The pace at which gold is rising this year, it might just be the golden year.The yellow metal is shining brighter than ever in 2025, hitting a stunning $4,000 an ounce this week, as investors rush to shield their wealth from global uncertainty. However, unlike typical market rallies, this surge signals worry rather than confidence,…
Doug Lebda, the 55-year-old founder and CEO of LendingTree, has died in a tragic all-terrain vehicle accident at his family’s farm in North Carolina. The online lending platform confirmed his death on Sunday and said the company was mourning the sudden loss of its leader.“Doug was a visionary leader whose relentless drive, innovation and passion…
Cash continues to hold a strong grip on India’s payment landscape, accounting for nearly half of all transactions, even as digital payments surge across the country.A report by Care Edge Ratings found that cash usage in private final consumption expenditure (PFCE) remained at around 50% in Q1FY26. It said that even though digital payments have…
The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors demerger: Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price…
NEW DELHI: Retail inflation eased to a 99-month low in Sept as food prices moderated and a favourable base effect helped, triggering hopes of a cut in interest rates in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose an annual…
Asian shares traded mixed on Tuesday following a rally on Wall Street, sparked by US President Donald Trump’s assurances over ties with China. Japan’s Nikkei slipped 2.2% or 1061 points to 47,027 as trading resumed after a national holiday on Monday. In Hong Kong, the Hang Seng lost 0.1% to 25,839, while Shanghai’s Composite edged…
Gold fundamentals remain quite constructive. The metal may push higher to test resistance around $4200 in near-term. (AI image) Gold price prediction today: Gold prices are expected to continue their bull-run, but downside correction risks are rising, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. The analyst shares his…
CHENNAI: Taiwan-based electronics major Hon Hai Technology Group (Foxconn) has announced an investment of Rs 15,000 crore for various manufacturing projects in Tamil Nadu, the state’s industries minister TR B Rajaa said.While details of the projects were not disclosed, it is learnt that Foxconn is likely to invest in electric vehicle batteries, among other technology…
MUMBAI: Bullion markets in India and abroad continued to see hectic activity as prices of gold and silver rose to record levels in both markets. As jitters are being felt across markets, especially due to shortage of supply of the white metal, Tata MF temporarily suspended inflows into its silver ETF fund of fund (FoF)….
