Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.
The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.
Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.
'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'
Russian owner Abramovich put the club up for sale in early March following Russia's invasion of Ukraine, which Moscow calls a "special military operation". Sanctions on Abramovich had also complicated the sale process.
Here's what you must know in the lead-up to the biggest political event of the past five years, and why it matters
'A focused and balanced perspective is needed in the condemnation on those involved in this, with a clear and critical consideration to the social impact and mental health of all players'
Cameron Bancroft may have got away with his now infamous attempt to alter the condition of the ball in the third test against South Africa at Newlands had he not panicked and stuffed the evidence down his trousers.
Which country has the most stylish uniform of them all? Tell us! :-)
India's leading cueists, Pankaj Advani and Aditya Mehta, bowed out of the third European Players Tour Championship (PTC) of the season -- the Bluebell Wood Open -- after suffering defeats in their respective round matches at the Doncaster Dome in Sheffield.
Polling began on Thursday in the United Kingdom in one of the closest general elections seen in decades.
The film to be produced under Daggubati's banner Suresh Productions, will see Vijay Sethupathi portray the role of Sri Lankan spin legend.
This was not the first time that Steve Smith and the Australian team resorted to unfair measures in a Test match to gain advantage over their opponents.
A summary of sports events and sports persons, who made news on Tuesday.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
