Gold and silver soared past key resistance levels to fresh highs on Wednesday, with industry experts and analysts saying the precious metals have more steam to head further north. Gold topped a new high of $4,000 an ounce in Asian trade on Wednesday morning, before rising further to over $4,035 an ounce at 1300 hours…
The organised gold loan market in India is projected to reach the ₹15 trillion mark by March 2026, a year ahead of earlier expectations, according to credit rating agency ICRA. The surge is attributed primarily to the sustained uptrend in gold prices, which have scaled record highs in recent months. ICRA now estimates that the…
On October 7, the rupee fell 3 paise to close at 88.77 against the U.S. dollar. File | Photo Credit: Reuters Rupee witnessed range-bound trading in morning deals on Wednesday (October 8, 2025) and rose two paise to 88.75 against the U.S. dollar, tracking a positive trend in domestic equities and likely IPO-related inflows. Forex…
U.S. markets ended lower on October 7. Global oil benchmark Brent crude climbed 0.78% to $65.96 a barrel. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty climbed in early trade on Wednesday (October 8, 2025), taking their winning momentum to the fifth day running, driven by buying in IT stocks and fresh foreign…
Stablecoins are a category of crypto assets that aim to maintain a stable value relative to a specified asset, or basket of assets, providing perceived stability. Various definitions of stablecoins exist, with different countries; standard-setting bodies such as the Financial Stability Board, Bank for International Settlements and International Monetary Fund; and many central banks contributing…
Gold’s rally is on pace for its best annual performance since the 1970s, a decade when rapid inflation and the end of the gold standard sparked a 15-fold rally of the precious metal. Spot gold prices climbed above $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown…
A central challenge for policy makers in India, at the present juncture, is to work out a balance between the long-term benefits of global trade and the short-term harms that current uncertainties pose to large sections of the population who are at risk of low wages and unemployment. Tackling this requires a change of the…
Gold Rate Today’s in India, October 7, 2025 Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices in India…
Customers with wedding in the family are rushing to buy jewellery at whatever price as they fear prices to firm up further. | Photo Credit: SHIV KUMAR PUSHPAKAR Fears of gold shortage in the physical market have gripped jewellers following a sharp rebound in demand amid the prices of the precious metal soaring to new…
Rupee traded in a tight range as investors preferred to remain on the sidelines amid uncertainties over global trade, forex traders said. | Photo Credit: Reuters The rupee fell 4 paise to close at 88.78 (provisional) against the US dollar on Tuesday (October 7, 2025), weighed down by a strong American currency overseas and unabated…
