According to the White House, US trading partners, including India, that completed tariff arrangements with the Trump administration before the Supreme Court’s decision will now be temporarily subject to a flat 10% duty. This holds even if they previously agreed to higher charges under those agreements. A White House official emphasized that trade partners must…
Crude oil prices fell 2.73% to 5,887 as markets reacted to rising global trade tensions and an unexpected increase in US oil supplies. The new US tariffs could hurt the global economy and reduce crude demand. The president confirmed a 10% base tax on imports and added new taxes of up to 41% for countries…
Silver prices fell by 1.81% to 1,13,052, due to improved global trade sentiment and positive developments in trade negotiations. The Federal Reserve is expected to keep rates unchanged due to inflation risks. Investment trends in silver remain mixed, with European retail investment recovering but Indian retail investment showing resilience. The silver market is projected to…
Gold prices have continued to rise, hitting their highest since November 1 at $2,750. Global trade uncertainty and US interest rates have been driving gold prices higher day by day. From a technical perspective, a break above $2,720 indicates a positive sentiment, with a move to $2,790 expected. Gold prices rose for a third straight…
Cotton candy prices are expected to decline by 0.26% to ₹54,530 per tonne in CY 2024-25, while global production is expected to increase by 1.2 million bales to 117.4 million bales due to higher supplies in Argentina and India. Cotton supplies in North India (Punjab, Haryana and Rajasthan) have declined by 43% year-on-year as of…
