Globally, Comex gold futures for December delivery were trading lower by $15.9, or 0.4%, at $3,967.2 per ounce, marking their fourth consecutive day of decline. Gold futures slipped ₹176 to ₹1,19,470 per 10 grams on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision later in the day. Extending the…
RBI now holds more than 65% of its gold reserves at home, nearly double the share from four years ago, accelerating the repatriation of the precious metal after Western nations froze Russia’s reserves following the invasion of Ukraine. The Reserve Bank of India brought back nearly 64 tons of gold in the first six months…
Representational image of a bronze sculpture of a bull on the premises of the Bombay Stock Exchange building. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty bounced back in early trade on Wednesday (October 29, 2025), tracking a rally in global peers, amid hopes of a rate cut by the U.S….
At the interbank foreign exchange market, the rupee opened at 88.21, and touched an early low of 88.34 and a high of 88.18 against the greenback, registering a gain of 11 paise from its previous close. | Photo Credit: Reuters The rupee traded in a narrow range against the U.S. dollar in early trade on…
Gold has retreated sharply following a torrid rally that drove prices to a record above $4,380 an ounce last week. Gold steadied after a three-day selloff, with dip-buyers returning ahead of an expected interest-rate cut by the Federal Reserve. Bullion held near $3,950 an ounce, after losing more than 4 per cent over the prior…
Many have now formed their opinions about the 2025 Nobel Economics Prize and how its focus signals to the world, the criticality of the economics of innovation and growth. However, what was also curious was the quip by the 2025 Laureate Joel Mokyr (one of the three winners) that ‘economic historians don’t win the prize’….
Union Minister of Commerce and Industry Piyush Goyal meets EU Commissioner for Trade and Economic Security Maros Sefcovic, in Brussels, on October 27, 2025 | Photo Credit: ANI India and the European Union have “significantly” reduced the gaps in their negotiating positions after three days of trade discussions in Brussels, Commerce and Industry Minister Piyush…
The Multi-Commodity Exchange faced disruptions to operations due to a technical issue on Tuesday (October 28, 2025), forcing it to commence trading over 4 hours late and shift operations to its disaster recovery site. The commodities bourse said that all its trading systems are now functioning normally and an investigation into the issue has been…
The RBI noted that reserve management prioritises safety and liquidity, while a small portion is managed by external asset managers to diversify investments. | Photo Credit: iStockphoto The Reserve Bank’s gold reserve has increased 25.45 metric tonnes to 880 metric tonnes in the last 12 months till September 2025. The gold reserves rose from 854.73…
Benchmark BSE Sensex declined by 150 points in a volatile session on Tuesday (October 28, 2025) due to profit-taking in IT, consumer durables and realty shares and weak trends in Asian markets. In a see-saw trade, the 30-share BSE Sensex closed lower by 150.68 points or 0.18% at 84,628.16. The index opened strong but erased…
