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Gold prices surged sharply today with 24K rising Rs.17,500 for 100 grams following a strong U-turn in US markets after softer inflation data fueled Fed rate cut hopes. The rally pushed international gold above $5,000, reflecting higher retail rates across Indian cities including Chennai, Mumbai, Delhi and more. இன்று தங்க விலை பெரும் உயர்வு – 100 கிராம் 24 கேரட் தங்கம் ரூ.17,500 உயர்ந்துள்ளது. அமெ
Gold and silver prices witnessed a sharp decline in India this week, with MCX gold and silver rates falling by 1-2%. After hitting record highs, the precious metals cooled down due to a stronger US dollar and profit booking in global markets. While short-term volatility continues, experts remain bullish on gold and silver in the medium to long term, citing sustained demand from China and expected
Gold and silver prices witnessed sharp weekly declines, triggering investor anxiety over short-term volatility. While silver fell steeply due to its risk-asset nature, gold regained strength near the $5,000 mark, driven by safe-haven demand amid weakening confidence in the US dollar. Market experts caution against panic, stressing that price swings are natural. Precious metals remain reliable long
Hotel prices in New Delhi have surged to record levels ahead of the upcoming AI Impact Summit, with luxury rooms touching nearly ₹32 lakh per night. The sharp spike is driven by an influx of global tech leaders, CEOs, policymakers, and international delegates attending the high-profile event. With demand far exceeding supply, premium hotels are sold out or running at near-full occupancy, reinforci
Gold prices climbed sharply to around $5,035 in early Asian trade, supported by a weaker US dollar, sustained central bank demand, and renewed buying from China. Concerns over US Federal Reserve independence, political pressure linked to Donald Trump, and geopolitical developments involving US-Iran talks are driving market uncertainty. Investors remain cautious as economic data and diplomatic sign
Copper prices hit record highs in 2025 due to supply shortages and demand from AI, renewables, and EVs, prompting questions about launching India’s first copper-focused ETF. While MCX copper futures delivered over 60% returns last year, retail access remains limited to derivatives or stocks like Hindustan Copper, with experts viewing an ETF as a diversification tool despite volatility risks.
Silver prices witnessed a sharp collapse as global spot markets saw extreme volatility, dragging MCX silver sharply lower and triggering heavy losses in silver ETFs. The sudden breakdown followed failed attempts to sustain higher global levels, leading to leveraged positions unwinding rapidly. The steep correction also spilled over into precious-metal funds, highlighting rising risk in highly leve
Gold prices climbed sharply in early Asian trade as renewed geopolitical tensions involving Iran triggered a fresh rush into safe-haven assets. Spot gold traded near $5,065 after rebounding from last week’s historic sell-off. Reports of the US military shooting down an Iranian drone and rising friction in the Strait of Hormuz revived risk aversion. Uncertainty around upcoming US-Iran nuclear talks
Gold and silver prices in India have witnessed a sharp correction after hitting record highs on MCX, triggering investor caution. Gold has slipped nearly ₹34,000 from its peak, while silver has fallen about ₹1.75 lakh per kg within four sessions. Market experts view the recent rebound as a relief rally, advising investors to avoid fresh positions and follow a disciplined buy-on-dips strategy amid
Cigarette prices have jumped sharply after the government implemented additional excise duty from February 1, pushing costs higher by ₹22–₹25 per pack and up to ₹55 for premium brands. Even before revised MRPs were officially notified, distributors began billing retailers at higher prices on old stock. The sudden hike has raised concerns over consumer exploitation, smuggling risks, and the spread
