Mumbai, April 9 Gold and silver prices declined on Thursday despite fresh geopolitical tensions following reports of Israel attacking Lebanon's Hezbollah.On the Multi Commodity Exchange (MCX), gold futures (June 5) fell by as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an...
Mumbai, April 8 – Gold and silver prices rose sharply on Wednesday due to demand for safe-haven assets, even after US President Donald Trump announced a two-week ceasefire plan.On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent, reaching a...
New Delhi, April 8 Crude oil prices plunged sharply on Wednesday, falling by 6 per cent to hit their lower circuit level in futures trading, as global benchmarks weakened following the announcement of a two-week ceasefire between the US and Iran.On the Multi Commodity Exchange (MCX), futures...
Mumbai, April 8 – Dalal Street experienced a significant boost on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after both sides announced a two-week ceasefire in the US-Israel-Iran conflict.The Sensex climbed as high as 3.71 per cent, or 2,775...
New Delhi, April 7: Gold and silver prices experienced volatility on Tuesday, amid geopolitical tensions following US President Donald Trump’s recent aggressive posts regarding Iran.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at ₹1,50,228, up ₹247 or 0.16 per cent...
Mumbai, April 6 – Domestic equity markets opened on a mildly positive note on Monday, even as caution over a possible escalation in the Iran war capped gains after US President Donald Trump warned of “hell” if Tehran fails to meet his Tuesday deadline to reopen the Strait of Hormuz.However...
Gold and Silver Prices Drop Up to 5.6% as Middle East Signals Disappoint Markets
Precious Metals See Sharp Decline Amid Geopolitical Uncertainty
Mumbai, April 2: Gold and silver prices witnessed a sharp decline of up to 5.6 per cent on Thursday after remarks by US President Donald Trump on the...
Indian Rupee Surges 1.7% in Biggest Gain in Over 12 Years Amid RBI Crackdown on Speculation
New Delhi, April 2: The Indian rupee recorded its sharpest single-day rise in more than 12 years on Thursday, driven by aggressive regulatory action aimed at curbing currency speculation in both domestic...
New Delhi, April 1 – State-owned oil marketing companies (OMCs) made significant changes to the prices of both aviation turbine fuel (ATF) and commercial LPG on Wednesday, with rates surging sharply – including a more than doubling in jet fuel prices – in line with a spike in global oil prices...
New Delhi, March 31: Gold and silver prices are likely to open higher on Tuesday evening amid hopes of de-escalation in the West Asia conflict.Tracking global cues, spot gold jumped as much as 2.39 per cent to $4,619.14 per ounce as of 11 A.M., while US gold futures for June delivery gained 2...
Indian Rupee Gains as RBI Imposes Position Limits
New Delhi, March 30 – The Indian rupee opened higher on Monday, reaching $93.59 against the US dollar, a gain of 1.3 per cent. The rupee’s rise was attributed to restrictions imposed by the Reserve Bank of India (RBI) on onshore position limits...
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Domestic Indices Decline Sharply Amid Geopolitical Tensions
Mumbai, March 30 – Domestic benchmark indices opened sharply lower on Monday, with the Sensex declining by over 1.38 per cent and the Nifty slipping by approximately 1 per cent. The market downturn was fueled by escalating tensions in...
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Crude Oil Prices Plunge Amid Global Uncertainty, Rupee Weakens
Crude Oil Price Volatility
Brent crude futures fell as much as 2.29 per cent to $105.53 per barrel as of 9:40 am, while US WTI crude declined 2.54 per cent to $92.08. So far this week, Brent crude has dropped over 5 per cent...
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Government Slashes Excise Duties on Petrol, Diesel
Fuel Price Relief: Excise Duty Cut Announced
New Delhi – The government announced a reduction in excise duties on petrol and diesel on Friday, aiming to alleviate the impact of rising global oil prices. The excise duty on petrol has been lowered...
Indian Stock Market Opens Strong as Sensex Surges Over 1,500 Points Amid Easing Middle East Tensions
Benchmark Indices Rally in Early Trade
Mumbai, March 24: Indian equity markets opened sharply higher on Tuesday, driven by optimism around easing geopolitical tensions in the Middle East. The...
Gold and Silver Prices Plummet Amid US-Iran Tensions
Gold and silver prices in India experienced a sharp decline on Monday, mirroring weakness in global bullion markets. Concerns over inflation and potential interest rate hikes, fueled by escalating US-Iran tensions, contributed to the downturn...
Indian Stock Market Ends Week Flat Amid Global Uncertainty; Crude Oil, Geopolitics in Focus
Mumbai, March 22: The Indian stock market closed the week on a cautious note, with benchmark indices Nifty and Sensex ending largely flat as global uncertainties weighed on investor sentiment. Rising...
Pakistan Faces Rising Energy Risks as Oil Prices Surge Amid Middle East Tensions
Strait of Hormuz Concerns Intensify Pressure on Import-Dependent Economy
New Delhi, March 20 – A sharp rise in global oil prices, driven by escalating geopolitical tensions in the Middle East, has heightened...
Indian Rupee Hits Record Low of 93.12 Against US Dollar Amid West Asia Tensions
Rupee Weakens Sharply as Global Risks Intensify
Mumbai, March 20: The Indian rupee plunged to a record low on Friday, falling to 93.12 against the US dollar, as escalating conflict in West Asia disrupted global...
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Oil Prices Fall Over 3% as US Signals Possible Easing of Iranian Crude Sanctions
Mumbai, March 20: Global crude oil prices declined sharply on Friday after the United States indicated a potential easing of sanctions on Iranian oil, raising expectations of increased supply in the global market...
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