Both metals have declined 16-43 per cent from their peaks after rallying to record highs | Photo Credit: REUTERS Gold prices plunged by ₹2,885 or two per cent to ₹152,765 per 10 gm against ₹155,650 on Thursday in line with the weakness in global markets and appreciation of the dollar against the rupee. Similarly, silver…
In the last two-three years, gold inventory hedging has been in the range of 80 per cent for the Kolkata-based jewellery retailer | Photo Credit: REUTERS/SAHIBA CHAWDHARY Jewellery retailer Senco Gold, which has been keeping a gold inventory hedging ratio at 55-60 per cent in the last six months amid high gold prices, would go…
Image used for representational purposes. File | Photo Credit: Reuters Precious metals prices declined more than 5% in the national capital on Friday (February 13, 2026), with silver declining to ₹2.55 lakh per kilogram, while gold dropped to ₹1.58 lakh per 10 grams amid subdued demand in the local market. According to the All India…
Nippon India ETF Gold BeES ranked sixth globally in gold ETF fund flows for January 2026, recording net inflows of $911.7 million and a gold demand of 5.7 tonne, according to data released by the World Gold Council. It was the only Indian gold ETF to feature in the global top 10 for the month….
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee consolidated in a narrow range and settled for the day 3 paise lower at 90.64 (provisional) against the U.S. dollar on Friday (February 13, 2026), tracking the strength of the American currency in the overseas market and a negative trend in domestic…
India needs to address its structural cost disadvantages, leverage free trade agreements (FTAs) and promote the manufacturing of strategic components to boost its electronics goods exports, according to NITI Aayog’s Trade Watch Quarterly report released on Friday (February 13, 2026). The electronics segment represents a $4.6 trillion global market. However, India’s share in this market…
Asia shares were trading mostly lower on Friday (February 13, 2026), tracking sharp Wall Street losses on a sell-off of technology-related stocks that investors fear could lose out from artificial intelligence disruptions. U.S. futures were mostly unchanged. Tokyo’s Nikkei 225 fell 0.8% to 57,165.13 on Friday (February 13, 2026), after it passed the 58,000 mark…
Gold started trading at discounts in India this week for the first time in nearly a month as volatile prices deterred buying, while demand was robust in China ahead of the Lunar New Year holiday. Indian bullion dealers this week offered a discount of up to $12 per ounce over official domestic gold prices –…
Benchmark equity indices Sensex and Nifty tumbled over 1% in early trade on Friday (February 13, 2026), led by steep losses in IT stocks amid weak global cues and persistent concerns over artificial intelligence-led disruptions, which weighed on investor sentiment. The 30-share BSE Sensex tanked 883.4 points, or 1.05%, to 82,791.52 in early deals. The…
SEBI Chairperson Tuhin Kanta Pandey. | Photo Credit: Special arrangement Securities and Exchange Board of India (SEBI) is set to take measures to reduce costs of regulation, said markets regulator Chairperson Tuhin Kanta Pandey on 12, February at an event at Mumbai. “Cost of capital is an important cost and it should come down. For…
