After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX). The decline came amid a profit-taking wave triggered by specific external market factors that temporarily eased geopolitical and economic anxieties. Gold prices of…
In the last one month, gold prices have jumped by ₹20,073 per 10 gram or 18 per cent, triggering a strong ‘fear of missing out’ (fomo) syndrome among buyers | Photo Credit: SIDDHANT THAKUR It is going to be a glittering Dhanteras with the gold rush continuing at retail stores despite yellow metal prices hitting…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday (October 17, 2025), weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude…
Jio Financial Services, a Reserve Bank of India (RBI) registered Core Investment Company, operates a full-stack financial ecosystem through subsidiaries such as Jio Credit, Jio Insurance Broking, Jio Payment Solutions and Jio Payments Bank. | Photo Credit: FRANCIS MASCARENHAS Jio Financial Services Limited (JFSL) has announced a special festive campaign “Jio Gold 24K Days”, which…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex spurted by 484 points and Nifty closed above 25,700 on Friday (October 17, 2025), extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE…
India’s crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data. Imports from Russia slid from over 2 million barrels per day in June to 1.6 million bpd…
WinZO platform announced the launch of ZO Gold, an offering for users to digitally invest in gold starting at ₹2 in partnership with SafeGold. Through ZO Gold, users can buy, save, and track gold digitally, starting with micro amounts and set up recurring contributions like SIPs. “The goal is to make wealth creation simple, intuitive,…
Gold prices surged by ₹2,442 to touch an all-time high of ₹1,32,294 per 10 grams in the domestic futures trade on Friday (October 16, 2025), driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the U.S. Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal…
Gold and silver rose to records as fears about credit quality in the US economy and heightened frictions between Washington and Beijing strengthened demand for havens. Bullion rose as much as 1.2 per cent to $4,379.93 an ounce before paring some gains — putting it on track for its biggest weekly advance since 2020 and…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday (October 17, 2025), helped by foreign fund inflows and hopes of U.S. Fed rate cuts. The 30-share BSE Sensex dropped 261.58 points to 83,206.08 in early…
