Gold, silver rebound after sharp selloff in last session: What’s driving the move
Gold rose 1.8% to $4,688.50 per ounce and silver gained 4.57% to $74.47 per ounce on COMEX, rebounding from a decline. Analysts warn of ongoing volatility.
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Israel PM Benjamin Netanyahu’s statement triggers a cool-off in oil prices
US treasury secretary Scott Bessent said that the US is looking at easing sanctions on Iran oil to bring prices down and may also look at a unilateral release of some SPR reserves of its own, beyond the ones committed…
Dow Jones recovers but ends lower, futures rise as oil prices ease
Wall Street will also see the quarterly “triple-witching” event take place today, with notional options worth nearly $5.7 trillion tied to stocks, indices and ETFs expiring simultaneously.
Sensex Today | Stock Market LIVE Updates: Nifty aims for a rebound as oil eases but sentiments remain fragile
Sensex Today | Stock Market LIVE Updates: Nifty has declined between 1% to 2% in each of the last three Friday’s. After a ₹13 lakh crore rout, and the biggest fall in nearly two years, that is not something traders…
India’s JSW unit seeks government help to secure gas supplies amid shortages
India’s JSW Steel Coated Products, a unit of JSW Steel, has sought government intervention to secure supplies of liquefied natural gas and propane to prevent output disruptions amid shortages caused by the Iran war, according to a letter reviewed by…
Archean Chemical unifies operations via intra-group amalgamation
Archean Chemical Industries Limited on Thursday approved the merger of its wholly owned subsidiary Idealis Chemicals Private Limited (ICPL) with its wholly owned subsidiary Idealis Mudchemie Private Limited (IMPL), as part of an internal group restructuring.
ICICI Bank gets ₹769 crore GST demand notice
ICICI Bank received a ₹768.6 crore GST demand notice for alleged short payment, including ₹384.3 crore in tax and an equal penalty. The bank plans to contest it.
Safe haven no more? Gold, silver sink as crude surge reshapes market bets
Gold and silver prices are down despite geopolitical tensions, with MCX gold futures down 7.52% and silver down 12.87%. Rising oil prices and inflation are key factors.
SBI Funds Management files for IPO with no fresh issue
SBI Funds Management, backed by SBI and Amundi, is launching an IPO with a pure offer-for-sale of 20.37 crore shares. SBI will sell 12.8 crore shares, and Amundi 7.5 crore shares.
JSW Cement sets up first North India plant, boosts capacity
JSW Cement has opened a new cement plant in Nagaur, Rajasthan, with 2.5 MTPA grinding and 3.3 MTPA clinkerisation capacity. Shares fell 3.24% to ₹114.84 on the NSE.