Latest News, Updates & Breaking Headlines
The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. (AI image) In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the…
Gold and silver prices are expected to remain range-bound for the second straight week as investors closely monitor developments in US-Iran peace negotiations and key global macroeconomic data, analysts said.Market participants are expected to track inflation data from China, Germany and the United States, along with GDP figures from the Eurozone and the UK later…
Precious metals gold and silver are likely to remain under pressure in the holiday-shortened trading week as investor sentiments will be driven by a mix of geopolitical developments, central bank decisions, and key macroeconomic data, analysts said. Market participants are closely tracking the progress of peace talks between the United States and Iran, with analysts…
Gold and silver are expected to move in a tight range this week, with a mild upward bias, as investors watch geopolitical tensions in the Middle East and key global economic cues, analysts said. Domestically, the Reserve Bank of India’s monetary policy announcement due mid-week will also be in focus. Pranav Mer of JM Financial…
Anurag Dobhal, aka UK 07 Rider, and wife Ritika Dobhal have welcomed their firstborn and shared the good news with their fans on social media. Ritika took to her Instagram handle and shared a picture of the baby’s feet, mentioning that they’ve welcomed their firstborn on Ram Navami. Fans and close ones from the industry…
Precious metal prices may stabilise and witness a mild recovery next week after a steep correction, although the upside could remain capped due to elevated interest rates and a firm US dollar, analysts said.Market participants are expected to track key macroeconomic indicators, including provisional manufacturing and services PMI readings from the US, UK and Japan,…
Gold and silver prices registered a strong opening on the Multi Commodity Exchange of India as investors increasingly moved toward safe-haven assets amid rising uncertainty linked to the escalating Middle East conflict involving Iran, Israel and the United States. A weaker dollar also supported bullion, as the decline made dollar-priced precious metals more affordable for…
Precious metal prices declined up to 2 per cent in the national capital on Tuesday, with silver slipping to Rs 2.45 lakh per kilogram and gold dropping to Rs 1.57 lakh per 10 grams amid subdued demand and weak global cues.According to the All India Sarafa Association, silver prices fell Rs 5,000, or 2 per…
Spot silver advanced 2.1 percent to $76.76 per ounce, recovering after tumbling 11 percent on Wednesday. The US dollar traded largely unchanged against major currencies on Thursday, stabilising following mixed readings from the latest batch of US economic data. A firmer dollar typically makes commodities priced in the greenback costlier for investors using other currencies….
Tesla CEO Elon Musk has now become the first person in history to surpass a net worth of $800 billion after the landmark merger of his rocket company SpaceX and his artificial intelligence company xAI. As reported by Forbes, the deal valued the combined entity at $1.25 trillion, giving a boost to Musk’s personal fortune…
