[ad_1] The Iran–US conflict has pushed global oil markets into turmoil, with tensions still simmering despite a two-week ceasefire window, since April 8, intended to enable negotiations. The peace talks amid the fragile truce have so far failed to yield any breakthrough, though diplomatic sources indicate preparations for a second round of talks are already…
[ad_1] Crude oil prices plunged more than 10% on Friday after US President Donald Trump and Iran announced that the Strait of Hormuz is fully open again for oil tankers carrying crude from the Persian Gulf to customers worldwide, easing fears of supply disruptions.The sharp drop in oil prices lifted global markets, with US stocks…
[ad_1] The Indian rupee strengthened to a one-week high on Friday, supported by steps taken by the Reserve Bank of India (RBI) to limit the impact of dollar buying by state-run oil refiners.The currency rose 0.5% to 92.7250 per dollar by 10:50 am, marking its strongest level since April 10. Traders said the move followed…
[ad_1] Gold has entered a phase of consolidation after a strong rally driven by retail demand across key markets, global investment firm Jefferies said in its latest report.The firm noted that the surge in buying seen late last year and early this year—particularly in India, China and the United States—has begun to moderate, signalling a…
[ad_1] More than five tonnes of gold remain held up at customs without clearance. (AI image) Banks have put a pause on fresh import orders for gold and silver from overseas suppliers. Large quantities of gold and silver are stranded at customs, as a formal government notification permitting bullion imports has yet to be issued,…
[ad_1] Gold’s intraday technical structure remains weak with bearish EMA alignment, declining RSI, and negative MACD signals. (AI image) Gold price prediction today: Gold prices are exhibiting weak signals on an intra-day basis, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold futures on MCX are…
[ad_1] Shares of Wipro fell as much as 4% to Rs 202 on the NSE on Friday after the IT major reported a decline in fourth-quarter profit and flagged a subdued near-term outlook.The company posted a 2% year-on-year drop in consolidated net profit to Rs 3,502 crore for Q4, even as revenue rose 8% to…
[ad_1] Asian stocks edged lower on Friday, pausing after a strong rally this month, as investors dialled back risk ahead of a crucial weekend that could shape the trajectory of the Middle East conflict.MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.8%, though it remained near its highest level since early March. The index…
[ad_1] Stock market today (AI image) Stock market today: Sensex and Nifty opened in green on Friday on positive global cues. While Nifty50 was above 24,200, BSE Sensex was up around 100 points. At 9:17 AM, Nifty50 was trading at 24,208.00, up 11 points or 0.046%. BSE Sensex was at 78,080.41, up 92 points or…
[ad_1] Oil prices fell in early trade on Friday, extending losses as optimism grew that the Middle East conflict may be nearing an end following a 10-day ceasefire between Israel and Lebanon and fresh signals of possible US-Iran talks over the weekend.Brent crude futures declined $1.34, or 1.35%, to $98.05 a barrel, while US West…
