Gold has been on a tear with its price jumping over 50% in the last one year. In international markets, gold crossed $3,000 an ounce on March 14, while in India, gold rate today is Rs 87,970 per ten grams.
Ananya
Gold prices hit a weekly high of $2,930, now awaiting US data and Trump’s tariff news
Gold prices has entered a brief phase of upside consolidation as buyers take a breather before the next leg higher. The buying interest around the bright metal remains unabated amid sustained US Dollar (USD) weakness as increased odds of further interest rate cuts by the Federal Reserve (Fed) due to US economic slowdown concerns.
Zelensky urges immediate talks with US
Ukrainian President Volodymyr Zelensky reiterated his country’s willingness to engage in peace negotiations, emphasising that Ukraine does not seek an “endless war.” Writing on X (formerly Twitter), Zelensky stated, “Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. Nobody wants peace more than Ukrainians.”
Crude Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
Crude oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.
This Triggered Trump-Zelensky Clash, Then Team Ukraine Was Asked To Leave
US President Donald Trump’s meeting with his Ukrainian counterpart Volodymyr Zelensky began with exchanging compliments on Friday but turned into a fiery argument within minutes in a public blowup that had the world media in attendance at the White House. The Ukrainian delegation was then asked to leave the White House with the formal lunch with the President remaining untouched, reports said.
Will the price of gold continue to rise in the long term?
Gold hit a new lifetime high in both domestic and overseas markets last week. Uncertainty over US trade tariffs bolstered gold’s safe-haven appeal. Firm overseas prices, a record weak Indian Rupee, and stable demand offered additional support to domestic prices.
HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock
HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier.
According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with voting rights. Following the transaction, its total holding increased to 30,28,849 shares, equivalent to 7.27 percent of the paid-up equity share capital of the company.