Gold, Silver Rate Today Live Updates: Gold, silver prices in focus on safe haven buying; where are the precious metals headed?

Analysts say the recent fluctuations in gold prices do little to undermine its role as a safe-haven asset. They argue the metal’s defensive appeal remains strong amid persistent concerns over inflation, geopolitical tensions and elevated global debt levels. According to State Street, gold continues to be underrepresented in investment portfolios. Allocations to gold-backed exchange-traded funds…

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Qatar fallout: GAIL says LNG supplies may be hit

NEW DELHI: State-run GAIL India Thursday said its supplies from Petronet LNG may be hit due to curtailments from QatarEnergy, even as the government is in talks with Australia and Canada to purchase gas.On Wednesday, Petronet had informed stock exchanges about the force majeure notice from QatarEnergy which was forced to stop production after a…

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Middle East Crisis: Petrol and diesel prices today: What does Middle East crisis mean for fuel cost? Check city-wise list of current rates

As the Middle East crisis escalates, concerns have grown over a possible rise in petrol and diesel prices. However, despite a sharp increase in global crude oil prices, fuel rates in major Indian cities have remained unchanged. Consumers can breathe a sigh of relief as retail petrol and diesel prices in the country are not…

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Middle East conflict raises near-term risks for India but long-term growth outlook remains strong: RBI MPC member

The ongoing conflict in the Middle East could pose short-term challenges for the Indian economy by pushing up oil prices and disrupting trade flows, though the country’s long-term growth trajectory is unlikely to be significantly affected, according to Nagesh Kumar, an external member of the Reserve Bank of India’s Monetary Policy Committee (MPC).In an emailed…

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