Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions

The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.The bulletin noted that while the ceasefire between the United States and Iran has provided some breather…

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Asian Markets: Asian stocks today: Markets retreat after record highs as oil surge, Iran tensions weigh on sentiment

File photo (Picture credit: AP) Asian markets slipped on Thursday after briefly hitting record highs, as rising oil prices and uncertainty over US-Iran peace talks dampened investor sentiment.Japan’s benchmark index surged past a historic milestone before reversing course. The Nikkei 225 briefly crossed the 60,000 mark for the first time, touching 60,013.98, but later fell…

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Asian Markets: Asian stocks today: Markets retreat after record highs as oil surge, Iran tensions weigh on sentiment

File photo (Picture credit: AP) Asian markets slipped on Thursday after briefly hitting record highs, as rising oil prices and uncertainty over US-Iran peace talks dampened investor sentiment.Japan’s benchmark index surged past a historic milestone before reversing course. The Nikkei 225 briefly crossed the 60,000 mark for the first time, touching 60,013.98, but later fell…

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Gold, silver price prediction: Will gold head to Rs 1.63 lakh/10 grams & silver hit Rs 2.80 lakh/kg?

The area around the weekly low of 149,000 is expected to act as a key support zone, underscoring its technical importance. (AI image) Gold and silver price prediction today: Gold and silver prices are showing sideways-to-bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the…

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