Business news

Gold, silver hit record highs as global uncertainty fuels demand

Gold prices jump over 4% to hit fresh record high

MCX gold February futures rose 4.25 per cent to Rs 1,56,970 per 10 grams. Meanwhile, MCX silver March futures rose 2.71 per cent to Rs 3,32,451 per kg. International markets also saw new peaks as US gold futures jumped to $4,849 per troy ounce on COMEX. COMEX silver consolidated in the $92.5–$95.7 range. 24 days ago
Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

The Union Budget 2026–27, to be presented on February 1, is expected to focus on income tax relief for taxpayers, measures to boost investor confidence, and economic reforms. The government is likely to balance fiscal restraint with growth-oriented initiatives, including capex diversification, manufacturing incentives, and rationalisation of subsidies, while keeping the fiscal deficit under control. Reforms in the International Financial Services Centre (IFSC), customs duties, and foreign direct investment (FDI) policy are also anticipated. 25 days ago
Silver at lifetime high, hits Rs 3 lakh per kg on MCX amid global tensions: Should you buy, hold, or sell?

Silver prices touch fresh record as safe-haven demand rises; gold hovers near peak

Gold also hovered near all-time highs, supported by geopolitical uncertainty, expectations of US rate cuts and concerns over the Federal Reserve's independence. While some intraday profit-taking was seen after the sharp rally, analysts said the broader outlook for precious metals remains bullish, driven by safe-haven demand, supply concerns and strong industrial consumption, particularly for silver. 25 days ago

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