Gold, silver snap 2-day uptrend as investors book profits on rising $, US Fed hawkish signal investors
Gold and silver snapped a two-day streak of an uptrend in prices to resume their…
‘Investment demand for gold to continue, balancing gold demand’
Even as gold prices go beyond the reach of the commoners, experts said the yellow metal remains a good investment with potential to move higher in the future. In the session Precious Metals: Beyond Aam Aadmi’s Reach, experts concurred that they do not see any immediate relief in the volatility of gold prices unless global…
Budget a roadmap to prosperity, not short-term trading document: PM Modi
Downplaying the stock market slide on 1 February after the FY27 budget presentation, Prime Minister Narendra Modi on Friday said that the Union budget is a policy roadmap, not a short-term trading document. Speaking at a post-budget webinar, Modi said budget reforms and allocations must be seen as a part of a long journey. “Often,…
Rupee falls 8 paise to settle at 90.99 against U.S. dollar
At the interbank foreign exchange, the rupee opened at 90.91 and moved in a narrow range of 90.91-91.06 before settling at 90.99 (provisional), down 8 paise from its previous close. Image for representative purposes only. File | Photo Credit: Reuters The rupee declined 8 paise to settle at 90.99 (provisional) against the U.S. dollar on…
Stock markets fall: Sensex, Nifty tumble over 1%
Sensex tanked 961.42 points or 1.17%, to settle at 81,287.19 and Nifty tumbled 317.90 points or 1.25%, to end at 25,178.65. Representational file image. | Photo Credit: Reuters Benchmark indices Sensex and Nifty tumbled over 1% on Friday (February 27, 2026) due to fresh foreign fund outflows and subdued global trends amid rising geopolitical risks….
Economy grew by 7.8% in third quarter as per new GDP series: Govt. data
According to the new series, the gross domestic product (GDP) is estimated to grow at 7.6% during the current fiscal. File | Photo Credit: Getty Images/iStockphoto India’s economy grew by 7.8% during the October-December quarter of 2025-26, up from 7.4% a year ago, according to the new series of national accounts with 2022-23 as the…
Coal India has 115 MT of stocks to date, is confident about meeting summer demand
Coal India Ltd (CIL) informed that all its producing subsidiaries combined are holding pithead stocks of up to 115 million tonnes (MT) as on February 26, with the quantum expected to spur further as the fiscal year approaches an end. | Photo Credit: Saptaparno Ghosh State-owned miner Coal India Ltd (CIL) informed on Friday (February…
Silver price climbs to ₹2.67 lakh/kg
Fresh positions built up by participants led to a rise in silver prices, analysts said. Silver prices rose 3.17 per cent to ₹2.67 lakh per kg in the futures trade on Wednesday, amid renewed uncertainty over US trade policy. On the Multi Commodity Exchange, the white metal for March delivery increased ₹8,231, or 3.17 per…
Gold price rises on spot demand
Globally, gold futures rose 0.26% to $5,199.66 per ounce in New York. Gold prices on Friday rose ₹890 to ₹1,60,599 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for April delivery traded higher by ₹890, or 0.56 per cent, at…
Gold discounts in India widen to 10-month highs, China demand picks up
Gold discounts in India widened to their deepest in 10 months as a rebound in prices curbed demand, while China demand picked up as the bullion’s safe-haven appeal shined through via rising premiums after markets returned from the Lunar New Year holiday. Indian bullion dealers offered a discount of up to $65 per ounce over…
Rupee falls 4 paise to 90.95 against U.S. dollar in early trade
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee fell 4 paise to 90.95 against the U.S. dollar in early trade on Friday (February 27, 2026), weighed down by FII outflows and a fall in the domestic equity markets in morning session. However, a weaker greenback and a dip in global crude…
