Gold rate today: Gold prices cross Rs 1 lakh per 10 grams as India-Pakistan tensions trigger safe haven buying
Wednesday, 7 May 2025 Gold prices in India surged past Rs 1 lakh per 10 grams, fueled by escalating India-Pakistan tensions following reported missile strikes on terrorist targets. The surge prompted investors to seek safe-haven assets. Silver prices also rose, while international spot gold declined due to easing global geopolitical concerns amid US-China trade talks.
Heavy shelling by Pakistan rocked the Uri sector today, damaging 5–6 shops in the Bandi area and striking dangerously close to the national highway between Uri and Baramulla. One shell hit a moving bike, escalating fears among civilians. Indian forces swiftly retaliated, targeting Pakistani...
At a heated UN Security Council session, Russia’s envoy proposed June 2 peace talks in Istanbul, stating that a ceasefire alone can’t bring peace. The U.S. delegation, representing Trump’s..
Turkey is pushing for a high-level Trump-Putin-Zelenskyy summit to cap the ongoing Istanbul peace talks on Ukraine. Foreign Minister Hakan Fidan, in Kyiv to meet Zelenskyy, claims the war could end in..
Tensions in the South China Sea have escalated dramatically as China deployed two H-6 nuclear-capable bombers to Woody Island in the Paracel chain — their first appearance there since 2020. Satellite..
Gold rate today: Gold futures at MCX opened strong at Rs 95,600/10 grams, hitting a two-week high, while silver futures saw a marginal rise to Rs 98,051/kg.... IndiaTimes
Gold rate today: Gold and silver prices faced a decline in the Multi Commodity Exchange. Safe haven demand decreased due to US-China trade discussions. Experts... IndiaTimes
Gold prices fell on Wednesday due to optimism surrounding potential U.S.-China trade talks, diminishing demand for safe-haven assets. Investors are keenly... IndiaTimes
Wednesday, 7 May 2025
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