Gold prices rise to 3-month high on back of safe-haven demand

Gold, silver prices ease on MCX amid profit booking

"MCX Gold has extended its up-move and created a fresh high near Rs 1,31,400, and is now approaching its lifetime resistance zone at Rs 1,32,294, which continues to act as a key breakout hurdle," experts said. 1 day ago
No proposal for merger or disinvestment of public sector banks: Govt

No proposal for merger or disinvestment of public sector banks: Govt

Reports were claiming that the government is working on a PSB consolidation blueprint that could reduce the number of state-owned lenders from 12 to just four in FY27. The proposal reportedly planned to strengthen balance sheets, improve operational efficiency and create globally competitive banking institutions. 3 days ago
Gold, silver tumble as hopes of December Fed Rate cut fade

Gold price rallies amid growing expectations of US Fed rate cut

Prices dipped slightly after the US government shutdown ended, easing economic concerns. Bank of America highlighted that gold could reach $5,000 amid macroeconomic factors like high debt, persistent inflation, and low interest rates, though global demand and supply constraints remain key considerations. 6 days ago
Gold, silver see strong upswing; Fed decision in focus

Gold, silver see strong upswing; Fed decision in focus

According to the India Bullion Jewellers Association (IBJA), the price of 10 grams of 24-carat gold climbed Rs 962 to Rs 1,26,081, compared to Rs 1,25,119 on Tuesday. The 22-carat variant rose to Rs 1,15,490 per 10 grams from Rs 1,14,609, while 18-carat gold moved up to Rs 94,561 from Rs 93,839 per 10 grams. 9 days ago
India's economy to clock robust 6.6 pc growth in FY26 despite external headwinds: IMF

India's economy to clock robust 6.6 pc growth in FY26 despite external headwinds: IMF

The IMF has concurred with the government's plans for continued fiscal consolidation this year, while noting that achievement of the fiscal deficit target will require strong spending discipline. While welcoming the recent simplification of the goods and services tax (GST), they called for careful monitoring of the fiscal impact of the reduction in GST and personal income tax rates. 9 days ago