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RBI Governor Sanjay Malhotra on Friday said gold prices may now be acting as a fresh barometer of global uncertainty, similar to how crude oil once reflected geopolitical risks, even as he cautioned of a potential correction in global equity markets.Speaking at the Kautilya Economic Conclave 2025, Malhotra noted that despite widespread fiscal stress, oil…
Gold rate today: Gold prices snapped their five-day record-setting rally on Friday, retreating by Rs 500 to Rs 1,20,600 per 10 grams in the national capital as investors booked profits and a mild recovery in the US dollar dampened sentiment.According to the All India Sarafa Association, gold of 99.9 per cent purity had previously surged…
Inflation in FY26 and FY27 is expected to remain far below the Reserve Bank of India’s (RBI) estimates, according to a new report by the State Bank of India (SBI).The report cited several factors that will help to soothe price pressures, including a strong monsoon, higher kharif crop sowing, healthy reservoir levels, ample foodgrain stocks,…
Mapusa/Panaji: Households across Goa are feeling the pinch as prices of kitchen essentials like onions, potatoes and tomatoes have risen by up to Rs 10 just as the state enters the festive season with Dussehra.“The erratic rainfall in the last week of Sep has impacted vegetable rates in Belagavi’s wholesale market. As a result, prices…
Gold rate today: Gold prices surged by Rs 1,100 on Wednesday to cross the Rs 1.21 lakh per 10 grams mark in the national capital, tracking firm global cues amid the US government shutdown after Congress failed to approve fresh federal funding.According to the All India Sarafa Association, 99.9 per cent purity gold jumped to…
Akhilesh Yadav (ANI image) NEW DELHI: Samajwadi Party president and former Uttar Pradesh chief minister Akhilesh Yadav has accused the ruling Bharatiya Janata Party (BJP) of hoarding gold and converting “black money into solid assets,” a process he described as goldification.Yadav alleged that the recent surge in gold prices is not the result of rising…
Gold rate today: Gold prices on Tuesday climbed Rs 500 to touch a record Rs 1.20 lakh per 10 grams in the national capital as a weaker dollar and expectations of further rate cuts by the US Federal Reserve supported bullion demand.According to the All India Sarafa Association, the yellow metal had surged Rs 1,500…
Gold rate today: Gold prices in India touched a fresh all-time high of Rs 1,19,500 per 10 grams on Monday in the national capital, driven by strong global trends and safe-haven buying amid geopolitical and economic uncertainty, according to the All India Sarafa Association.The 99.9% purity metal surged Rs 1,500 from Rs 1,18,000 per 10…
UAE gold hits all-time highs for consecutive days, driven by investor fears and upcoming festival demand Gold prices in the United Arab Emirates have surged to unprecedented levels, with 22-karat gold reaching AED 422.75 per gram and 24-karat gold climbing to AED 456.75 per gram. This marks a significant increase from the previous all-time highs…
Asian markets opened cautiously on Friday after US President Donald Trump announced a fresh set of tariffs, while investors lowered expectations for significant Federal Reserve interest rate cuts following stronger-than-anticipated economic data.Trump revealed plans to levy a 100% tariff on imported branded pharmaceuticals, 25% on heavy-duty trucks, and 50% on kitchen cabinets. He also said…
