Silver prices extended their decline on Monday, with both COMEX and MCX contracts opening sharply lower, deepening a corrective phase that has now wiped out a significant portion of the metal’s earlier gains amid a broad global risk-off selloff. COMEX Silver opened with a gap-down but held above the $64 support level. The metal, which…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty dropped sharply in early trade on Monday (March 23, 2026) as West Asia conflict entered its fourth week driving crude oil prices higher. A massive bearish trend in global equity markets and relentless foreign fund outflows also…
Gold prices slipped more than 2 per cent on Monday, extending their drop to a roughly four-month low, as an escalating Middle East conflict stoked inflation concerns and expectations of higher global interest rates. Spot gold was down 2.5 per cent at $4,372.86 per ounce, as of 0238 GMT, extending losses for a ninth consecutive…
India is often described as an “underinsured” country. This claim is usually backed by two numbers that appear regularly in official speeches, policy papers, and media commentary: life insurance penetration and density. Low values of these indicators are taken as proof that insurance coverage in India is inadequate and that large sections of the population…
Bullion-backed ETFs are set for a third week of outflows, with holdings falling more than 60 tonnes in that period, data compiled by Bloomberg show. Gold headed for its biggest weekly loss since 1983, as war in the Middle East boosted energy prices and reduced expectations for interest-rate cuts. Bullion’s decline deepened as the dollar…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto The combined market valuation of five of the top-10 most-valued firms eroded by ₹1 lakh crore last week, with HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex dipped 30.96 points, or 0.04%, and the NSE Nifty slipped 36.6 points, or…
But, a short-lived recovery is likely
“Not every customer is willing to pay higher airfares, so there is a limit to how high we can price before demand drops,” Air India CEO Campbell Wilson said. File | Photo Credit: The Hindu Air India CEO Campbell Wilson warned airline employees of a possible travel demand squeeze due to the rising cost of…
Refiners plan to resume buying Iranian oil while refiners elsewhere in Asia are examining such a move after Washington temporarily removed sanctions to alleviate an energy crunch caused by the U.S.-Israeli war on Iran, traders said. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Refiners plan to resume buying Iranian oil while…
India’s gold and jewellery sector is a storied titan—employing over 4.6 million artisans and contributing nearly 7 per cent to total merchandise exports. Yet, despite this cultural legacy, India’s share in the global fine jewellery market remains modest relative to its craftsmanship depth. The missing catalyst is sustained, strategic Foreign Direct Investment (FDI). FDI in…
