Despite ongoing geopolitical tensions, bullion remained under pressure as markets focused on the likelihood of interest rates amid persistent inflation risks | Photo Credit: REUTERS Gold and silver prices crashed in the Indian domestic market on cues from the global market, where the Middle East conflict increased energy prices and ignited inflation concerns. It led…
Gold prices dropped over 5% on Thursday, falling for a seventh consecutive session, as the Middle East conflict increased energy prices and ignited inflation concerns, raising expectations that top central banks will keep borrowing costs elevated. Spot gold fell 5.5% to $4,552.38 per ounce by 8:46 a.m. ET (1246 GMT), its lowest since early February….
In the international market, Brent Oil futures for the May delivery increased by $9.61, or nearly 9%, to $116.99 per barrel, while West Texas Intermediate for the same month contract rose 1.58% to $96.97 per barrel in New York. Representational file image. | Photo Credit: Getty Images/iStockphoto Crude oil prices rose ₹74 to ₹9,067 per…
Gold prices fell to a more-than-one-month low on Thursday, weighed down by a firm dollar and a hawkish Federal Reserve, which limited hopes for near-term interest rate cuts. Spot gold fell 1.1% to $4,764.27 per ounce as of 0649 GMT, its lowest since February 6. US gold futures for April delivery fell 2.6% to $4,770….
Globally, silver futures for the May contract on the Comex extended losses for the seventh consecutive session, declining by $4.89, or 6.31%, to $72.69 per ounce. Silver futures tumbled by ₹9,031 to ₹2.39 lakh per kilogram on Thursday, marking the seventh straight session of losses, as rising crude oil prices and a hawkish US Federal…
HDFC Bank clarified to stock exchanges that, though the chairman’s resignation letter was dated March 17, it was received by the Bank on March 18 after market hours | Photo Credit: Reuters The sudden resignation of HDFC Bank part-time chairman Atanu Chakraborty on ethical concerns has adversely impacted the bank’s share prices besides putting pressure…
Image used for representational purposes. File | Photo Credit: Reuters India’s stock market tumbled 2% after Israel attacked Iran’s gas fields and the latter threatened an attack on the Gulf’s key energy sites on Wednesday (18 March 2026). Nifty opened at 23,197.75 and Sensex at 74,750.92 points and picked up slightly trading at 23,270.70 points…
Gold prices rose on Thursday after briefly touching a more than one-month low, as a softer dollar offered support, but gains were capped by a hawkish Federal Reserve, which has limited hopes for near-term rate cuts. Spot gold added 0.8% to $4,856.82 per ounce as of 0115 GMT, after falling to its lowest since February…
Two LPG carriers and one oil tanker — Shivalik, Nanda Devi and Jag Laadki — were evacuated earlier, escorted by the Indian Navy from the Gulf of Oman region. | Photo Credit: Reuters 22 India-bound vessels in the Persian Gulf region have been identified for evacuation and safe passage through the Strait of Hormuz by…
A view of the Indian Oil Corporation refinery at Noonmati, in Guwahati. File. | Photo Credit: ANI The Ministry of Petroleum and Natural Gas has ordered oil and gas companies to share details on exports, imports and inventories with a government agency, as India seeks to shield consumers from shortages amid rising global prices triggered…
