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The Asian Infrastructure Investment Bank (AIIB) plans to increase its

Top officials from the US and China agreed on Tuesday

JP Morgan maintained its overweight rating on Bharat Electronics with

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The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on January 31, 2023. Pau Barrena | Afp | Getty Images

The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is

Top officials from the US and China agreed on Tuesday to continue discussions about extending a fragile trade truce that is set to expire in mid-Aug, but did not immediately

JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and

MUMBAI: In a pointed caution to banks and non-banking financial companies (NBFCs), Reserve Bank of India (RBI) deputy governor Swaminathan J on Monday warned against the temptation to bypass internal

NEW DELHI: Global sports retailer Decathlon set an ambitious target of sourcing $3 billion worth of goods from India by 2030 – a six-fold increase – driven by the country’s

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The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is

JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and

NEW DELHI: Global sports retailer Decathlon set an ambitious target of sourcing $3 billion worth of goods from India by 2030 – a six-fold increase – driven by the country’s

NEW DELHI: IMF on Tuesday raised the global growth projection marginally, with the Indian economy too likely to expand more than what was estimated earlier. In its latest update, IMF

MUMBAI: Reliance Industries, Oil and Natural Gas Corporation (ONGC), and BP Exploration (Alpha) will collaborate to discover and extract oil and gas in the offshore exploration block of the Saurashtra

MUMBAI: Larsen & Toubro’s profit for Q1FY26 rose 25% to Rs 4,318 crore, driven by new orders from diverse sectors including hydrocarbons, renewables, and real estate. Revenue increased 16% to

Gold rate today: Gold surges Rs 820 per 10 grams on safe-haven demand; silver holds flat as traders await US inflation data

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Gold rate today: Gold surges Rs 820 per 10 grams on safe-haven demand; silver holds flat as traders await US inflation data

Gold rate today: Gold prices surged by Rs 820 to Rs 98,490 per 10 grams in the national capital on Wednesday, driven by fresh retail and stockist demand amid firm global cues, according to the All India Sarafa Association. The rise was supported by safe-haven buying as tariff-related concerns resurfaced globally.The precious metal of 99.5 per cent purity also gained Rs 750 to close at Rs 98,000 per 10 grams inclusive of taxes, according to PTI.Silver remained unchanged at Rs 1,07,100 per kilogram in local trade.In the international market, spot gold climbed 0.36 per cent or $12.09 to $3,334.69 per ounce, buoyed by renewed concerns following a US federal appeals court decision that allowed President Donald Trump to continue imposing global tariffs.“Gold edged higher… supported by safe-haven demand as traders expressed concerns about tariff-related uncertainty,” said Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities.Gandhi added that those concerns overshadowed optimism from the recent US-China trade discussions in London, where both nations agreed to a framework to reduce tensions.On the geopolitical front, ongoing conflicts in Ukraine and the Middle East continued to drive investors toward gold as a hedge against volatility, market experts noted.Meanwhile, international spot silver prices dipped 0.5 per cent to $36.34 per ounce.Kaynat Chainwala, AVP-Commodity Research at Kotak Securities, said market participants were now turning their attention to the upcoming US Consumer Price Index data, which could shape expectations for the Federal Reserve’s interest rate path.





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