Gold, Silver Rate Today Live Updates: MCX Gold drops, MCX Silver rises; international gold prices slip on inflation concerns, rising crude prices & US-Iran talks uncertainty

Gold prices traded steady as investors balanced ongoing uncertainty surrounding US-Iran ceasefire negotiations against rising inflation concerns and expectations of tighter monetary policy. While reports suggest US and Iran continue discussions on extending the current truce and reopening the Strait of Hormuz, key disagreements remain unresolved and any final agreement still requires approval from President…

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Oil prices today: Crude jumps over 2% after Israel intensifies attacks in Lebanon despite ceasefire

Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…

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Prices of 30 medicines capped, including some for diabetes, BP

NEW DELHI: Medicines used for diabetes, high blood pressure, heart disease, infections and women’s health are among 30 drug formulations for which National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices, a move that could significantly reduce treatment costs for patients who depend on long-term medication.The latest notification covers several drugs commonly prescribed for chronic…

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Bullion movement: Gold prices to track US–Iran peace talks, Fed signals and key data releases this week

In the upcoming week, gold prices will be shaped by developments in US–Iran peace negotiations, movements in crude oil rates and a series of macroeconomic data releases. Analysts have said that speeches by officials of the US Federal Reserve could also play a key role in shaping interest rate expectations, which in turn may guide…

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India’s domestic air traffic falls 4.2% in April amid weak demand and rising costs

Domestic aviation in the country slowed down in April, with passenger traffic slipping 4.2% to just over 1.38 crore compared to March, according to the latest data released by the Directorate General of Civil Aviation (DGCA). The decline comes amid multiple headwinds, including relatively softer travel demand.The DGCA figures showed that airlines transported more than…

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