Gold fell, pressured by a stronger US dollar and concerns over higher interest rates, as the war in the Middle East extended into a second week and oil surged toward $120 a barrel. Bullion tumbled as much as 3% to $5,015 an ounce, following its first weekly decline in more than a month, before paring…
U.S. urged India to buy Russian oil already at sea to ease supply fears: Energy Secretary The U.S. has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright…
In an interesting development, the Bank of Korea (BOK) announced plans to incorporate overseas-listed physical gold ETFs (exchange-traded funds) into its foreign reserve portfolio from the first quarter of 2026. Buying of gold by central banks across the world eased in January 2026 compared with the previous 12-month average of 27 tonnes, the World Gold…
Asian stock markets plunged on Monday (March 9, 2026) as oil prices soared 30% on fears about supplies from West Asia as the U.S.-Israeli war against Iran continued into a second week with no sign of letting up. Investors, already spooked by concerns over extended tech valuations and the huge spending on AI, ran for…
We feel pain when actual investment experience falls short of expectations. But the pain recalibrates expectations. This can improve financial wellbeing.
Oil prices eclipsed $100 per barrel for the first time in more than three-and-a-half years on Sunday (March 8, 2026) as the Iran war hinders production and shipping in West Asia. The price for a barrel of Brent crude, the international standard, was at $107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5%…
Indian refiners have begun negotiating for additional crude cargoes from the U.S., Russia and West Africa to ensure supplies remain adequate in the event the West Asia conflict drags on for a longer period, industry officials and analysts said. Refineries, which convert crude oil into fuels like petrol and diesel, have deferred planned maintenance shutdowns…
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15% to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas,…
For decades, diamonds in India have been deeply intertwined with tradition. They symbolised weddings, family milestones and generational wealth, with purchasing decisions often guided by customs passed down through families. The act of buying a diamond was rarely a purely personal decision; it was rooted in cultural expectations and legacy. But the Indian diamond buyer…
Liquified Petroleum Gas (LPG) is largely used for cooking gas across India. | Photo Credit: Nagara Gopal The West Asia conflict has sharply stressed India’s use of natural gas and cooking gas for a variety of applications. The government has today issued directives to prioritise cooking gas supplies. Liquified Petroleum Gas (LPG) is largely used for cooking gas across India. The…
