20h ago
Delhi gold drops Rs 700 to Rs 1.46 lakh per 10 grams; silver slides Rs 8,900 to Rs 2.26 lakh per kg
Gold in Delhi fell Rs 700 to Rs 1.46 lakh per 10 grams (inclusive of all taxes), while silver slumped Rs 8,900 to Rs 2.26 lakh per kg (inclusive of all taxes). Spot prices overseas were firmer, with gold edging up to USD 4,020.13 per ounce and silver rising nearly 1 per cent to USD 58.06 per ounce. The domestic market remained under pressure as buying from jewellers and industrial users stayed weak.
20h ago
20h ago
SK hynix ADRs extend gains after $26.5 billion Nasdaq debut as Seoul shares slide 12.89%
SK hynix ADRs (SKHY) began regular trading on the Nasdaq on July 10, 2026, after pricing at $149 and finishing the debut session up 12.76% at $168.01, with additional premarket gains on Tuesday. In contrast, the company’s Seoul-listed shares fell 12.89% amid profit-taking and valuation concerns. The strong reception in the U.S. has also fueled speculation about a potential Samsung Electronics U.S. listing, though reports on that possibility conflicted.
20h ago
21h ago
Meta rallies 21% from June 25 to July 13, 2026 as investors warm to AI monetization plans
Meta shares rose 21% between June 25 and July 13, 2026, climbing from $542.87 to $656.73. Market strategist Shay Boloor said investors have moved past concerns over Meta’s 14GW compute buildout and are focusing on its ability to monetize through AI model APIs such as Muse Spark 1.1 and its in-house Iris chip. He said the shift reflects progress from infrastructure promises to commercialization, though it has not become a sudden trading catalyst.
21h ago
22h ago
India’s MCX gold futures hit ₹1.41 lakh per 10 grams; silver climbs to ₹2.20 lakh per kg
India’s MCX gold futures for August rose 0.93% to ₹1.41 lakh per 10 grams, while MCX silver futures for July gained 1.35% to ₹2.20 lakh per kg. The advance was driven by a jump in safe-haven buying after Donald Trump said he had reinstated a blockade on Iranian vessels in the Strait of Hormuz, lifting geopolitical risk. Hawkish signals from US Federal Reserve officials weighed on gold, but the near-term shock still pushed domestic precious-metals futures sharply higher.
22h ago
22h ago
Five risks—from higher oil to 4.6% US yields—may keep India’s Nifty 50 under pressure in 2026
India’s Nifty 50 has posted a cumulative decline of more than 1% over the past two years and is facing five major sources of pressure. Key headwinds include renewed US-Iran tensions that are lifting oil prices, US 10-year Treasury yields near 4.60%, and the risk of tighter policy if inflation re-accelerates. The outlook is also weighed down by a downgraded FY27 growth forecast of 6.6% and fading momentum in the AI-driven trade.
22h ago