The Middle East conflict, involving the United States and Israel against Iran, has sparked a severe risk-off mood globally. This initially resulted in the sharp rise in demand for safe-haven assets like gold and silver, but the uptrend has remained. Gold prices in the domestic spot market have risen by ₹3400 to ₹1,62,029 on a…
Major US stock indices opened lower on Thursday as oil prices climbed amid increasing disruptions to energy markets from the Middle East war. At the open, the Dow Jones Industrial Average fell 212.7 points, or 0.44%, to 48526.73. The S&P 500 fell 18.4 points, or 0.27%, to 6851.08, while the Nasdaq Composite dropped 100.0 points,…
Gold-silver ratio: Silver did outperform gold in the last year, but when times get tough, the yellow metal emerges as the ultimate winner. The recent conflict in the Middle East underscores this trend. At the time US and Israel are attacking Iran, and the Islamic state is responding with full force, gold prices are retaining…
(Bloomberg) — A US submarine sank an Iranian warship in international waters, US Defense Secretary Pete Hegseth said, marking the first time since World War II that an American sub had attacked a surface vessel. Sri Lankan authorities said the Iranian frigate IRIS Dena sank on Wednesday off the coast of Sri Lanka, with 32…
By Gertrude Chavez-Dreyfuss NEW YORK, March 4 (Reuters) – The US dollar slipped on Wednesday, pulling back from the multimonth highs it touched in the previous session, as investors unwound safe‑haven positions on rising hopes that the Middle East conflict may prove shorter‑lived than initially feared. Improved sentiment was underpinned by a New York Times…
The conflict in the Middle East has reached a critical tipping point as the United States and Israel intensify their joint military campaign against Iranian power structures, reported Associated Press. US Defense Secretary Pete Hegseth on Wednesday confirmed the sinking of an Iranian warship in international waters, marking a significant escalation as Tehran threatened a…
Ankara: Turkey said that NATO air defenses destroyed an Iranian ballistic missile headed into Turkish airspace on Wednesday, marking the first time the alliance member has been drawn into the Middle East conflict and raising the possibility of a major expansion involving its bloc allies. Turkey – Iran’s neighbor that had sought to mediate US-Iran…
US stock benchmark opened higher on Wednesday as market sentiment shifted toward cautious optimism following President Donald Trump’s assurance to stabilize global energy market amid the escalating Middle East conflict. At the opening bell, the Dow Jones Industrial Average rose 134.33 points or 0.28% to 48,629.08. The S&P 500 rose 15.1 points, or 0.22%, to…
Ram Gopal Varma Statement: Bollywood’s ‘Controversy King’ Ram Gopal Verma is once again in the headlines for his statement. When the whole world is scared of the ongoing war between Iran and America, which also includes Israel’s support, then he made such a tweet on social media platform X (formerly Twitter), which surprised people. The…
Chinese shipping and logistics conglomerate COSCO Shipping’s container liner unit announced on Wednesday that it has suspended all new bookings for routes to and from ports in parts of the Middle East, including those in the United Arab Emirates and Saudi Arabia. The move was due to escalating conflict in the region and traffic restrictions…
