Gold Prices Rise or Down in September : MCX Gold ended the previous session on a firm note as prices gained close to 1%, advancing by more than 800 points. The move came after Fed Chair Jerome Powell adopted a dovish stance on monetary policy, reinforcing expectations of rate cuts and boosting demand for the yellow metal.
Ukraine drone hits Russian nuclear plant, sparks huge fire at Novatek’s Ust-Luga terminal
Ukraine drone hits Russian nuclear plant, Aug 24 (Reuters) – Ukraine launched a drone attack on Russia on Sunday, forcing a sharp fall in the capacity of a reactor at one of Russia’s biggest nuclear power plants and sparking a huge blaze at the major Ust-Luga fuel export terminal, Russian officials said.
SMBC Gets RBI Nod to Acquire 24.99% Stake in Yes Bank, to Join Board with 2 Seats
SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.
Gold Price Outlook 2025 | XAUUSD Trading Strategy | Buy or Wait?
Gold Price Outlook 2025 : Gold has always been more than just a shiny yellow metal for us Indians. From wedding jewellery to Diwali investments, it’s not only a tradition but also a safe-haven asset. With global uncertainties, inflation worries, and rising geopolitical tensions, Gold (XAUUSD) is once again in the spotlight.
Powell opens door to September rate cut, says economic outlook ‘may warrant’ change in Fed’s stance
Federal Reserve Chair Jerome Powell opened the door to a September rate cut on Friday, saying in a speech in Jackson Hole that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”
Today Powell speech at Jackson Hole Symposium, key takeaways (2025)
US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation targeting and eliminate the ‘makeup’ strategy for inflation, while delivering a speech on ‘Economic Outlook and Framework Review’ at the annual Jackson Hole Economic Symposium.
Gold Fields boosts dividend as profit triples on record bullion prices
Bullion Prices : South African mining group Gold Fields (GFIJ.J), opens newtab raised its interim dividend on Friday 22, 2025 as 1st-half profit more than tripled from a year earlier, driven mainly by record bullion prices and increased production.