Gold (XAU/USD) stays firm at $3,397 despite US Dollar recovery. Fed policy, US economic data, and global cues drive bullion. Here’s what Indian investors should know.
Ananya
LME storage capacity falls as politics upend metal flows: Andy Home
The London Metal Exchange’s (LME) global warehousing capacity shrank by 4.25% over the first half of 2025 despite the opening of new delivery locations in Hong Kong and the Saudi Arabian port of Jeddah.
Spot Gold Reverses Earlier Losses; Last 0.5% Higher at $3,381.17/oz
Spot Gold Reverses Earlier Losses; Last 0.5% Higher at $3,381.17/oz (26 August 2025, 06:15am) Gold prices rose to a two-week high on Tuesday, as the dollar slipped after U.S. President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position on the Fed’s board of directors.
SMBC Gets RBI Nod to Acquire 24.99% Stake in Yes Bank, to Join Board with 2 Seats
SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.
Powell opens door to September rate cut, says economic outlook ‘may warrant’ change in Fed’s stance
Federal Reserve Chair Jerome Powell opened the door to a September rate cut on Friday, saying in a speech in Jackson Hole that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”