Asia Gold Update: Gold markets across Asia are showing mixed but interesting trends. India is witnessing its highest gold premiums in nearly 10 years, while China’s demand remains steady despite rising gold prices. This clearly shows how strong cultural and investment demand is shaping the region’s gold trade.
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Silver Price Falls After Record Highs as Traders Book Profits
Silver price witnessed a sharp correction on Wednesday after touching record high levels in recent sessions. The fall came mainly due to profit-taking by traders, who decided to book gains after the strong rally seen over the past few days.
PSU Bank Stocks Shine in Q3: Net Profit Jumps Up to 56%, Stocks to Watch
Public sector bank (PSU bank) stocks delivered a strong performance in the third quarter (Q3), reporting net profit growth of up to 56% on a year-on-year basis. The impressive results came on the back of better asset quality, lower bad loans, and steady loan growth.
Gold & Silver Price Prediction Today: Will Gold Hit ₹1.90 Lakh, Silver ₹4.20 Lakh?
Gold and silver prices are once again in the spotlight as investors closely track global cues and domestic market trends. With rising geopolitical tensions, a weaker US dollar, and strong demand for safe-haven assets, precious metals are showing steady strength.
Vedanta to Sell 1.6% Stake in Hindustan Zinc via OFS at Rs 685; Rs 4,600 Cr Fund Raise Plan
Vedanta Ltd (NSE: VEDL) has announced its plan to sell up to 1.6% stake in Hindustan Zinc Ltd through an Offer for Sale (OFS). The company aims to raise around Rs 4,600 crore from this stake sale.