IBT Business Desk

Articles by IBT Business Desk

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Gold and silver prices hit record high this week amid global uncertainty

Gold, silver rally up to 1 pc as West Asia tensions escalate

Gold and silver prices surged on Friday as escalating tensions between the US and Iran boosted safe-haven demand. On the MCX, gold climbed above Rs 1.52 lakh per 10 grams while silver crossed Rs 2.61 lakh per kg, gaining up to 1 per cent during the session. May 8, 2026
Gold and silver surge up to 1 pc amid geopolitical uncertainty

Gold and silver surge up to 1 pc amid geopolitical uncertainty

Gold and silver prices surged up to 1 per cent on Thursday amid rising crude oil prices and continued uncertainty over the US-Iran peace talks. On the MCX, gold futures climbed to Rs 1,52,887 per 10 grams, while silver futures rose sharply to Rs 2,57,055 per kg during intraday trade. May 7, 2026
Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment

Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment

Indian equity benchmarks Sensex and Nifty traded higher on Thursday morning amid optimism surrounding a possible US-Iran peace deal, boosting investor sentiment globally. The Sensex rose nearly 380 points while the Nifty crossed 24,423 levels in intraday trade. Gains were led by auto and metal stocks. May 7, 2026
Gold, silver prices gain up to 3 pc on weak dollar, oil prices

Gold, silver prices gain up to 3 pc on weak dollar, oil prices

Gold and silver prices surged up to 3 per cent on Wednesday amid weakness in the dollar index and falling oil prices. On the MCX, gold futures rose nearly 1.8 per cent to around Rs 1,52,400 per 10 grams, while silver futures jumped over 3 per cent to Rs 2,51,699 per kg. May 6, 2026
Scheduled commercial banks clock robust credit growth at 15.9 pc in FY2

Scheduled commercial banks clock robust credit growth at 15.9 pc in FY2

SCB's recorded strong credit growth of 15.9% in FY26, reflecting robust economic activity and rising demand. Total credit outstanding reached ₹212.9 lakh crore, up ₹29.2 lakh crore year-on-year. Growth was broad-based, led by the services sector, followed by personal loans, agriculture, and industry. May 5, 2026
Sensex, Nifty end lower as geopolitical tensions drag markets

Sensex, Nifty end lower as geopolitical tensions drag markets

Indian equity markets ended lower on Tuesday as rising tensions in West Asia dampened investor sentiment. The Sensex and Nifty both declined, dragged by losses in banking, realty, and oil & gas stocks amid concerns over global growth and energy market uncertainty May 5, 2026
Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts

Crude oil prices fall up to 2 pc even as West Asia conflict intensifies

Global crude oil prices declined by up to 2% despite escalating tensions in West Asia, as markets corrected after a sharp rally in the previous session. Brent crude and WTI both slipped. The Indian rupee weakened further, hovering near record lows against the dollar, adding to broader market concerns. May 5, 2026
Sensex, Nifty slip in early trade on fresh geopolitical jitters

Sensex, Nifty slip in early trade on fresh geopolitical jitters

Indian equity markets opened sharply lower on Tuesday as rising geopolitical tensions between the US and Iran dampened investor sentiment. Both Sensex and Nifty declined around 0.7% in early trade, dragged by losses in auto, banking, financials, consumer durables, and metal stocks. May 5, 2026
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