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Department of Economic Affairs (DEA) Secretary Anuradha Thakur (Photo-ANI) The Centre and the Reserve Bank of India (RBI) are closely tracking movements in the rupee and fluctuations in gold and silver prices, while remaining ready to deploy policy tools to maintain macroeconomic stability, Department of Economic Affairs (DEA) Secretary Anuradha Thakur said, ANI reported.“As far…
Gold, silver prices crash (AI image) Gold, silver prices continue to decline! Gold and silver prices have been crashing in the last two trading sessions, plunging drastically from record highs, raising questions about whether the bull run is over and if the volatility is here to stay.Silver prices have dropped by 26,273 per kg, or…
The moment we hear the phrase “Land of Black Gold,” it immediately conjures the image of Saudi Arabia, a beautiful country in the Middle East. The term “black gold” is used for crude oil which is the foundation of the nation’s contemporary identity which has been attracting travellers from across the globe. It’s the country’s…
Two Indian-origin men have been arrested in the United States on federal money laundering charges following an investigation into a large scam operation that targeted victims across several states, authorities said.Tejas Patel and Navya Bhatt are facing three counts of money laundering each, according to the Cleveland1. This comes after federal agents uncovered their alleged…
Gold and silver prices tumbled on Sunday, hitting their lower circuit levels in futures trade, ahead of Union Budget 2026-27 presentation. Gold futures for April 2, 2026, delivery fell Rs 9,140, or 6%, to Rs 1,43,205 per 10 grams, while silver futures for March 5, 2026, delivery dropped Rs 17,515, or 6%, to Rs 2,74,410…
India’s gold and silver imports surged to record levels in 2025, ringing alarm bells in government and policy circles as soaring precious metal prices threaten to widen the trade deficit and add fresh pressure on the rupee. With limited policy tools available, officials and market participants told Reuters raising import duties is once again emerging…
Several factors led to the sudden crash in the prices of the precious metals. (AI image) Trillions wiped out – gold and silver prices crash globally – the headlines from the commodity market on Friday described the volatile nature of the commodity market. Gold and silver have been on a record breaking spree for several…
India’s foreign exchange reserves rose by a sharp $8.053 billion to touch a new all-time high of $709.413 billion in the week ended January 23, extending the recent rebound after months of pressure from rupee volatility, according to data released by the Reserve Bank of India.The latest rise follows a jump of $14.167 billion in…
Mumbai: Friday’s sharp slide in silver and gold prices could be due to profit taking by investors post an unprecedented rally that came on the back of the recent strengthening of the dollar against major currencies. For long term investors this could be a time to rebalance their portfolio, with exposure to the two precious…
Gold and silver prices plunged sharply on Friday, with investors rushing to book profits after recent record highs. On the Multi Commodity Exchange (MCX), silver futures for March delivery fell 16.97 per cent, or Rs 67,891, to Rs 3,32,002 per kilogram, marking one of the steepest single-day declines in recent months. Gold futures for February…
