Comex gold edged higher to around $4,700 per ounce on Tuesday, gaining roughly $20 in the session, while MCX gold climbed approximately ₹1,200 to trade near ₹1,51,000 — buoyed by tentative signals of US-Iran diplomatic engagement and a modest pullback in crude oil prices. However, analysts caution that the bounce reflects short covering rather than…
Tanishq is sharpening its focus on affordability and product innovation ahead of Akshaya Tritiya, as volatile gold prices continue to shape consumer behaviour, said CEO Arun Narayan. After an unprecedented surge in gold prices over the past year, the jewellery retailer is continuing to see shifting buying patterns, with customers advancing purchases amid concerns of…
Reserve Bank Governor Sanjay Malhotra, head of the six-member Monetary Policy Committee (MPC). File | Photo Credit: Reuters The Reserve Bank’s rate-setting panel on Monday (April 6, 2026) started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year amid expectations of a status quo on the benchmark lending rate in…
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for June delivery climbed ₹1,621, or 1.08 per cent, to ₹1,51,301 per 10 grams, from Thursday’s closing level of ₹1,49,680 per 10…
Representative image. | Photo Credit: Getty Images/iStockphoto The Indian rupee closed nearly unchanged on Monday (April 6, 2026), wedged between dollar sales spurred by the unwinding of arbitrage positions and importers’ hedging demand amid swirling risks from the Iran war. The rupee closed at 93.06 against the dollar, after closing at 93.10 in the previous…
Benchmark indices Sensex and Nifty staged a sharp rebound on Monday (April 6, 2026) after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war. Intense buying in banking and IT stocks, and a strengthening rupee, supported investor sentiment, traders said. Follow |…
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for June delivery climbed ₹1,621, or 1.08 per cent, to ₹1,51,301 per 10 grams, from Thursday’s closing level of ₹1,49,680 per 10…
Silver prices jumped ₹2,273 to ₹2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia. On the Multi Commodity Exchange, the white metal for May delivery appreciated by ₹2,273, or 1 per cent, to ₹2,34,768 per kg. Analysts said the gains in silver prices came as…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee gained 33 paise to 92.85 against the U.S. dollar in early trade on Monday (April 6, 2026), following RBI’s tightened rules to curb speculative positions, capping banks’ net open positions at $100 million, even as global developments continued to act as a…
Investors would like to get bang for the buck. This gives rise to ‘behavioural finance’ issues e.g. chasing an asset class giving the highest return. Till sometime earlier, equity was recovering and gold rallying. Now, equity is correcting and gold lost some lustre. Investors are wondering, what to do. Stay calm and do not be…
