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Saturday, July 5, 2025

Gold price prediction: Yellow metal may hit Rs 1 lakh in second half; driven by investment related demand

ICICI Bank Global Markets predicts local gold prices in India will likely remain strong, potentially reaching Rs 1,00,000 per 10 grams in the second half of 2025. Despite a recent global price drop, domestic prices rose in June, driven by a weaker Rupee, though high prices have dampened physical demand.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zpxYo8O
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Inflation likely to stay within RBI’s target in Q1 FY26: Report

Bank of Baroda reports retail inflation is expected to stay within the RBI's projections for Q1 FY26, aided by a favorable base effect and deflation in essential foods. The BoB ECI shows a decline, driven by price drops in vegetables and pulses due to improved production.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nQ8jwaK
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FM Nirmala Sitharaman calls for Global South unity to tackle uncertainties

Finance Minister Nirmala Sitharaman urged decisive collective action from the Global South to address uncertainties stemming from fiscal constraints and geopolitical shifts. Speaking at the New Development Bank's annual meeting, she emphasized the pivotal role of Multilateral Development Banks in catalyzing public and private investments.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rJKljHv
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Sebi bans Jane Street, says disgorge Rs 4.8k crore

SEBI has banned US-based Jane Street from the Indian market for allegedly manipulating stocks and derivatives, ordering them to return nearly ₹4,850 crore in illegal gains. The firm is accused of strategies involving Bank Nifty stocks and index options to inflate profits. Despite a warning from NSE, Jane Street continued large trading positions.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/4zOwc5j
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Friday, July 4, 2025

RBI waiting for gold prices to fall? Central bank keeps gold reserves constant; decision likely due to forecasts on yellow metal

The Reserve Bank of India has paused adding to its gold reserves in FY26, maintaining holdings at 880 metric tonnes. This decision seemingly aligns with price projections from various financial institutions anticipating a potential decline in gold prices.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7T1Kikh
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