Tether Shakes Gold Market: Tether, the company behind the popular USDT stablecoin, is creating a stir in the global gold market. Reports suggest that Tether has started building a large reserve of physical gold, surprising both crypto and precious metal investors.
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.
Hindustan Copper Share Price Jumps 20%, Metal Stocks Rise for 3rd Day
Hindustan Copper shares witnessed a sharp 20% upper circuit rise, while the metal index continued its winning streak for the third consecutive trading session. Strong global cues, firm copper prices, and improved outlook for metal demand have supported the rally.
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.
US Fed Holds Interest Rates, Defends Independence Amid Global Pressure
The US Federal Reserve (Fed) has decided to keep interest rates unchanged, sticking to its current policy stance. This move was widely expected by the market, but what caught global attention was the Fed’s strong defence of its independence.
Tense Fed Signals Interest Rate Hold, Leads Global Central Banks
(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.