Gold rate rally to continue; prices could touch ,500 per ounce driven by Asian demand: Report

Gold rate rally to continue; prices could touch $4,500 per ounce driven by Asian demand: Report

Representative image (AI) Gold prices are on a remarkable upward trajectory, with international markets potentially seeing levels reach $4,500 per ounce, according to a report by Motilal Oswal Financial Services Ltd (MOFSL). The rally is supported by continued central bank purchases, geopolitical uncertainties, and strong demand from Asia. In 2025, gold has already surged over…

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India’s Russian crude oil trade rebound in October after previous quarter dip; imports rise to 1.8 million bpd: Report

India’s Russian crude oil trade rebound in October after previous quarter dip; imports rise to 1.8 million bpd: Report

In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…

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Focus on growth investing and emerging businesses helped our funds outperform the market: Motilal Oswal Mutual Fund MD & CEO

Focus on growth investing and emerging businesses helped our funds outperform the market: Motilal Oswal Mutual Fund MD & CEO

Prateek Agrawal, Managing Director and CEO of Motilal Oswal Mutual Fund With more than 30% compounded returns, the Motilal Oswal Large & Midcap Fund is the best performing diversified fund in the past three years. Likewise, the Motilal Oswal Midcap Fund is the top performer in its category. Prateek Agrawal, Managing Director and CEO of…

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Silver hits record Rs 1,70,415 on MCX: Nearly 20% gain recorded in October- What could it mean amid festive season rush?

Silver hits record Rs 1,70,415 on MCX: Nearly 20% gain recorded in October- What could it mean amid festive season rush?

Silver prices soared to a record high on the Multi Commodity Exchange (MCX) on Friday as the December 2025 futures contract climbed to Rs 1,70,415 per kilogram. This marks an increase of Rs 1,977 or 1.18% for the day.The surge in silver prices has resulted in a remarkable 19.8% gain for the month of October,…

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Gold price prediction: What’s the outlook for October 17, 2025 ahead of Dhanteras? ‘Buying on dips’ makes sense

Gold price prediction: What’s the outlook for October 17, 2025 ahead of Dhanteras? ‘Buying on dips’ makes sense

Overall, the intraday technical setup stays distinctly bullish. (AI image) Gold price prediction today: Just ahead of Dhanteras and Diwali, gold prices are likely to continue their upward trend, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold continued its strong upward trajectory through the…

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Gold, silver hit record highs ahead of Dhanteras! MCX gold rates at Rs 1,30,005 per 10 gms, silver at Rs 1,67,999 per kg; safe-haven demand fuels surge

Gold, silver hit record highs ahead of Dhanteras! MCX gold rates at Rs 1,30,005 per 10 gms, silver at Rs 1,67,999 per kg; safe-haven demand fuels surge

In a remarkable surge ahead of the auspicious occasion of Dhanteras, gold and silver prices have reached unprecedented levels in both domestic and international markets. On Friday, gold December futures on the Multi Commodity Exchange (MCX) soared by Rs 3,000, marking a 2.2% increase to a new all-time high of Rs 1,30,005 per 10 grams….

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Spirit Airlines layoffs in motion: US airline operator to furlough 365 pilots; move to cut 0 million in pilot costs

Spirit Airlines layoffs in motion: US airline operator to furlough 365 pilots; move to cut $100 million in pilot costs

Spirit Airlines announced on Thursday its decision to furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026, as part of a broader workforce reduction strategy amid ongoing restructuring efforts.The ultra-low-cost carrier, which filed for bankruptcy for the second time in a year this past August, informed…

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‘Unhinged’ wolf warrior: US Treasury Secy Bessent slams China’s trade negotiator; claims he showed up uninvited

‘Unhinged’ wolf warrior: US Treasury Secy Bessent slams China’s trade negotiator; claims he showed up uninvited

In a sign of growing US-China trade tensions, America’s Treasury Secretary Scott Bessent on Wednesday called Beijing’s trade official ‘unhinged’, likening him to a wolf warrior – a term normally used for aggressive Chinese diplomats.The stabilising US-China diplomatic relations deteriorated recently following American expansion of technology restrictions and proposed tariffs on Chinese vessels at US…

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Top stocks to buy today: Stock recommendations for October 17, 2025 – check list

Top stocks to buy today: Stock recommendations for October 17, 2025 – check list

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for October 17, 2025 are Reliance Industries, and Suzlon Energy. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices extended their rally for the third consecutive week driven by strong global cues and encouraging business…

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RBI moves lift Re by 26p to 87.82 vs $

RBI moves lift Re by 26p to 87.82 vs $

MUMBAI: The rupee gained 26 paise to close at 87.82 against the dollar — a month’s high — on Thursday. The domestic currency opened at 87.90, rose to a high of 87.70, and hit an intraday low of 87.93.The local unit has strengthened as strong central bank intervention in the previous session and renewed optimism…

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