Gold rebounded on Tuesday from a near one-week low hit the day before, as oil prices fell on hopes of further U.S.-Iran peace talks, easing inflation fears. Spot gold was up 0.6 per cent at $4,768.19 per ounce, as of 0237 GMT, after hitting its lowest level since April 7 in the previous session. U.S….
Representative image. | Photo Credit: Getty Images/iStockphotos The rupee slumped by 56 paise to settle at 93.39 (provisional) against the U.S. dollar on Monday (April 13, 2026) after a failed U.S.-Iran peace talk fuelled uncertainties in West Asia, leading to a surge in crude oil prices and a global chase for the greenback. According to…
All the 30-Sensex firms were trading lower during the initial trade. Titan, Sun Pharma, NTPC, Bharat Electronics, Power Grid and Bharti Airtel were the biggest laggards. File. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday (April 13, 2026) as the failure of U.S.–Iran negotiations heightened concerns of…
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was higher by 0.38% at 98.81. | Photo Credit: Reuters The rupee depreciated 49 paise to 93.32 against the U.S. dollar in early trade on Monday (April 13, 2026), weighed down by higher crude oil prices and a firm American…
Gold prices fell to a near one-week low on Monday, pressured by a stronger dollar, while a surge in oil prices following failed U.S.-Iran peace talks fuelled inflation worries and dampened expectations for Federal Reserve interest rate cuts this year. Spot gold was down 0.6% at $4,718.98 per ounce, as of 0222 GMT, after hitting…
Even as gold prices scale record highs, India’s jewellery market is showing a clear split in consumer behaviour, one that is reinforcing, rather than weakening, the premiumisation trend. Industry leaders say rising prices have done little to dent demand for high-value, design-led pieces. Instead, they have sharpened consumer segmentation. “Premiumisation and formalisation are only gaining…
Gold has held a unique place in financial history. For centuries, it has served as money, a reserve asset, and a store of value. Its appeal is straightforward: it is scarce, durable and carries no issuer risk. Gold does not depend on a government’s promise, a company’s earnings or a bank’s solvency. And that is…
Investors are shifting from traditional jewelry to digital gold primarily due to cost- efficiency, accessibility and security. While jewelry remains culturally significant for weddings and festivals, it is increasingly viewed as an inefficient investment vehicle compared to digital alternatives like Digital Gold, Gold ETFs, and Sovereign Gold Bonds (SGBs). Transition Drivers · Jewellery carries extra…
After the steady rally in recent times, the sudden fall in precious metal prices made investors trim down their investment in gold and silver exchange traded funds. Inflows into gold ETFs fell by 56 per cent to ₹2,266 crore against the record inflow of ₹5,255 crore logged in February as the sudden fall in prices…
File photo of Chairman of Shapoorji Pallonji Group Shapoorji Pallonji Mistry | Photo Credit: The Hindu Shapoorji Pallonji Group which holds over 18% stake in Tata Sons has reiterated it’s demand for listing of Tata Sons as per norms announced by the Reserve Bank of Indus (RBI). This comes at a time when RBI is…
