Indian banks have halted gold and silver import orders from overseas suppliers, with tonne of the metals stuck at customs as a formal government order has not been issued authorising bullion imports, trade sources said. Without fresh imports, India could face supply shortages, as the world’s second-largest gold consumer and biggest silver buyer relies on…
At the interbank foreign exchange market, the rupee opened at 92.93 and gained further to trade at 92.86 against the greenback in early deals. File | Photo Credit: Reuters The rupee jumped 28 paise to 92.86 against the U.S. dollar in early trade on Friday (April 17, 2026) amid hopes of easing geopolitical tensions and…
While gold is considered an inflation hedge, higher interest rates crimp demand for the non-yielding asset. Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a US-Iran peace deal eased fears of higher inflation and elevated interest rates. Spot gold rose 0.2 per cent to…
This image is used for representational purposes only. | Photo Credit: Reuters The rupee strengthened by 10 paise to settle at 93.23 (provisional) against the U.S. dollar on Thursday (April 16, 2026), following a decline in global crude oil prices amid hopes of a truce in West Asia. However, sustained outflow of foreign capital amid…
The two key indices had surged by more than 1% on April 15, following easing geopolitical tensions. Representational file image. | Photo Credit: Reuters Stock markets closed lower in a volatile session on Thursday (April 16, 2026), with the benchmark Sensex declining by 122 points and Nifty closing below 24,200, dragged by profit-taking in banking…
Gold and silver prices moved higher in Thursday’s trade, ahead of Akshaya Tritiya, supported by a weaker US dollar, geopolitical uncertainty and shifting expectations around global interest rates. The uptick comes even as global equity markets remained firm, reflecting a mix of risk-on sentiment and safe-haven demand. Gold gained as the dollar softened and crude…
File photo: Silver rate today, February 6. | Photo Credit: FRANCIS MASCARENHAS Silver prices in India on April 16 across all major cities. The price of one gram silver and one kg silver remained unchanged from the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest silver prices. Silver Rate…
FILE PHOTO: One kilogram bar of gold seen at Swiss refiner Metalor in Marin near Neuchatel, Switzerland. | Photo Credit: DENIS BALIBOUSE Gold prices in India have seen an upward trend today, April 16, with an increase seen across all major cities. The price of both 22-carat and 24-carat gold has risen compared with the…
Representative image. Photo: Getty Images/iStockphoto. Asian stocks mostly gained while oil prices steadied on Thursday (April 16, 2026) over expectations of an extension of a ceasefire in the Iran war and hopes for more talks between the U.S. and Iran. Tokyo’s Nikkei 225 jumped 2.4% to 59,549.59. South Korea’s Kospi climbed 2% to 6,215.38. Published…
At the interbank foreign exchange market, the rupee opened at 93.29 and gained further, trading at 93.27 against the greenback in early deals, up 6 paise from its previous closing level. | Photo Credit: Reuters The rupee appreciated by 6 paise to 93.27 against the U.S. dollar in early trade on Thursday (April 16, 2026),…
