Gold price in India: Rates on June 1

Gold price in India: Rates on June 1

Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,827.12 Indian Rupees (INR) per gram, down compared with the INR 13,895.92 it cost on Friday. The price for Gold decreased to INR 161,277.10 per tola from INR 162,079.30 per tola on friday. Unit measure Gold […]

US President Donald Trump seeking edits to US-Iran deal

US President Donald Trump seeking edits to US-Iran deal

US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. However, Axios reported that Trump wanted to reinforce multiple points of the deal that […]

Supply surge weighs on prices – DBS

Supply surge weighs on prices – DBS

DBS Group Research’s Philip Wee notes that Brent and WTI have fallen sharply, as markets anticipate abundant supply from the Gulf. US Treasury Secretary Scott Bessent expects Oil prices to fall below pre-conflict levels, while ongoing negotiations with Iran and the status of the Strait of Hormuz remain key uncertainties for energy markets. Brent and […]