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Gold price today: Rates crash almost 1% on dollar’s rise, easing geopolitical risks; experts’ strategy for MCX Gold

Gold price today: Gold rates declined in the domestic futures market on Thursday morning amid a strengthening dollar and easing concerns over the trade war and India-Pakistan conflict. MCX Gold June 5 contract traded 0.70 per cent lower at ₹91,615 per 10 grams around 9:10 AM. (This is a developing story. Please check back for…

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Alphabet stock drops 7% in five days on AI search warning, long-term risks; investors lose $138 billion

Alphabet Inc. shareholders have fretted over long-term risks posed by artificial intelligence to the company’s money-printing search business for over an year. This week the threat became much more immediate. Alphabet shares ended the week down nearly 7%, while the Nasdaq 100 fell just 0.2%. The drop erased $138 billion in market value. Court testimony…

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US Fed keeps benchmark interest rates steady, citing inflation risks: Here are 5 key highlights

he US Federal Reserve’s FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic uncertainty and inflationary pressures on the US economy. The central bank kept its interest rate unchanged for the third straight policy meeting since January, when…

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Reliance rally propels Sensex to 4-month peak even as geopolitical risks loom

India’s stock market indices surged on Monday, snapping a two-day losing streak, as investors piled into index-heavyweight Reliance Industries Ltd following stellar quarterly earnings, sending the stock to a six-month peak. Markets are poised to consolidate their gains in the coming sessions, subject to geopolitical conditions not worsening, said analysts, whose view of the January-March earnings remains…

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