Gold and silver rates today: Gold and silver rates today traded within a narrow range on Wednesday, March 18, on expectations around the Federal Reserve’s rate-cut trajectory against rising inflation risks stemming from the conflict in the Middle East. Spot gold rate today was trading marginally higher at $5,012 per ounce, while spot silver was…
US-Iran war: Oil prices advanced on Monday, March 16, as investors refocused on potential risks to Middle East energy infrastructure, even after US President Donald Trump urged nations to help protect the Strait of Hormuz, a key passage for global oil shipments. Brent crude futures rose $1.27, or 1.2%, to $104.41 a barrel, following a…
Indian stock market: The Indian stock market remained under heavy selling pressure for the third straight session on Friday, March 13, with benchmark indices the Sensex and the Nifty 50 declining about 2% each. The Sensex fell 1,471 points, or 1.93%, to close at 74,563.92, while the Nifty 50 dropped 488 points, or 2.06%, to…
US-Iran War: External Affairs Minister S Jaishankar on Tuesday spoke with his Iranian counterpart, Seyed Abbas Araghchi, amid growing concerns over the fallout from the West Asia crisis, particularly regarding energy supplies. It was the third time that Jaishankar spoke with Araghchi since the US and Israel launched the joint military strikes on Iran, news…
US-Iran War: Pakistan Prime Minister Shehbaz Sharif on Monday announced a slew of austerity measures aimed at saving fuel in the country as oil prices soar due to the US-Israeli war on Iran, news agency AFP reported. Sharif – who addressed the nation on the state-run PTV and other private channels – described the decision…
US-Iran war: Oil prices saw a significant correction on Tuesday, March 10, after reaching their highest level in more than three years in the previous session, as US President Donald Trump suggested that the conflict in the Middle East could end soon, easing fears of prolonged disruptions to global crude supplies. Brent crude futures dropped…
US-Iran war: Crude oil prices surpassed $100 a barrel for the first time since 2022. Meanwhile, safe haven assets gold and silver rates today crashed up to 3% on Monday, March 9, amid escalating tensions in the Middle East. Brent crude oil climbed 15% to around $107 per barrel, extending last week’s sharp 28% rally….
Indian stock market: After posting strong gains of over 1% each in the previous session, the domestic benchmark indices — the Sensex and the Nifty 50 — resumed their decline on Friday, March 6, as investors booked profits amid ongoing concerns over the US-Iran conflict, a surge in crude oil prices, and continued heavy foreign…
US-Iran war: Oil prices jumped more than 3% on Thursday, extending their rally as the escalating US–Israeli conflict with Iran disrupted crude flows to key importers. Brent crude climbed $2.65, or 3.26%, to $83.99 per barrel, marking its fifth consecutive session of gains. Meanwhile, US West Texas Intermediate (WTI) crude rose $2.76, or 3.70%, to…
US-Iran war: Oil prices extended gains to a third straight session on Tuesday, March 3, as the escalating conflict between the US and Israel with Iran, along with threats to shipping via the Strait of Hormuz, which stoked concerns over potential supply disruptions from the crucial Middle East oil-producing region. Brent crude futures climbed to…
