Gold has been on a tear with its price jumping over 50% in the last one year. In international markets, gold crossed $3,000 an ounce on March 14, while in India, gold rate today is Rs 87,970 per ten grams.
Ananya
Gold prices hit a weekly high of $2,930, now awaiting US data and Trump’s tariff news
Gold prices has entered a brief phase of upside consolidation as buyers take a breather before the next leg higher. The buying interest around the bright metal remains unabated amid sustained US Dollar (USD) weakness as increased odds of further interest rate cuts by the Federal Reserve (Fed) due to US economic slowdown concerns.
Zelensky urges immediate talks with US
Ukrainian President Volodymyr Zelensky reiterated his country’s willingness to engage in peace negotiations, emphasising that Ukraine does not seek an “endless war.” Writing on X (formerly Twitter), Zelensky stated, “Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. Nobody wants peace more than Ukrainians.”
Crude Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
Crude oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.
This Triggered Trump-Zelensky Clash, Then Team Ukraine Was Asked To Leave
US President Donald Trump’s meeting with his Ukrainian counterpart Volodymyr Zelensky began with exchanging compliments on Friday but turned into a fiery argument within minutes in a public blowup that had the world media in attendance at the White House. The Ukrainian delegation was then asked to leave the White House with the formal lunch with the President remaining untouched, reports said.
Will the price of gold continue to rise in the long term?
Gold hit a new lifetime high in both domestic and overseas markets last week. Uncertainty over US trade tariffs bolstered gold’s safe-haven appeal. Firm overseas prices, a record weak Indian Rupee, and stable demand offered additional support to domestic prices.
HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock
HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier.
According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with voting rights. Following the transaction, its total holding increased to 30,28,849 shares, equivalent to 7.27 percent of the paid-up equity share capital of the company.
Gold Prices Surge Amid Trade War Fears and Geopolitical Tensions
Gold prices saw a notable uptick in early trade on Tuesday, February 25, extending gains from overnight global markets. The surge was driven by escalating trade war concerns and increased demand from retailers and jewellers in domestic markets. Despite a rebound in the US dollar during early Asian trade, gold remained resilient, supported by its safe-haven appeal.
Crude Oil dips on pending Kurdistan supply resumption
Crude Oil prices slipped in early trade on Monday, extending losses from last week, on the prospect of a resumption of exports from Kurdistan’s oilfields, while investors awaited clarity on talks to end Russia’s war on Ukraine.
Silver Prices Rebound on Trade Tensions
Silver prices recovered from the previous session’s decline to $33 an ounce on Thursday, as trade and geopolitical uncertainties boosted demand for the safe-haven metals.