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Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
Gold Hits $4,400 as JPMorgan Targets $5,000 by Year-End
Gold rallies to 10-week high near $4,400 as JPMorgan forecasts $5,000 by Q4 2026. The bank cites central bank demand and economic shifts as catalysts for further gains.
Indian Stock Market Today: SENSEX Drops Over 250 Points, NIFTY50 Hits 24,390 as Crude Oil Surge Weighs
On August 12, 2026, the Indian stock market opened on a weak note as higher crude oil prices weighed on investor sentiment. The Sensex fell more than 250 points, while the Nifty 50 declined 0.43% to 24,366.40, moving below the 24,400 mark. Crude oil prices were hovering near $90 a barrel amid geopolitical tensions and…
FTSE 100 Today: UK Stocks Fall as U.S.-Iran Tensions and Weak Retail Data Weigh, Gold Drops 0.57%
The FTSE 100 came under pressure on Tuesday, August 11, 2026, as renewed U.S.-Iran tensions pushed oil prices higher and added to inflation concerns. Brent crude moved towards $90 a barrel as uncertainty around the Strait of Hormuz increased. At the same time, weaker UK retail sales raised concerns about consumer demand. Gold also slipped…
Gold Price Today: MCX Gold Rises 0.15% to ₹1,52,050, Silver Jumps 0.9% to ₹2,33,550 as Brent Hits $84.41
Gold prices held firm on August 10, 2026, with MCX gold rising 0.15% to ₹1,52,050 per 10 grams. Silver moved higher at a faster pace, gaining 0.9% to ₹2,33,550 per kg. Brent crude also climbed to $84.41 a barrel, adding pressure across commodity markets. Higher oil prices, geopolitical tensions and changing rate expectations are influencing…
Pentagon Awards $560M Loan to Sunrise Energy for World’s First Scandium Mine in NSW
Pentagon invests $560 million in Sunrise Energy Metals’ Syerston Scandium Project in NSW to counter China’s control of rare earth supply. Project targets aerospace and defence demand.
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
Ardee Industries IPO Day 3: Subscription Status, Allotment Date and GMP Updates
On 7 August 2026, the Ardee Industries IPO entered its third and final day of bidding, attracting strong interest from investors across all categories. The issue had already been subscribed several times before the market closed, reflecting steady demand. At the same time, the grey market premium (GMP) remained firm, keeping expectations for the stock’s…
Federal Reserve Bank Official Warns Inflation May Need Tougher Action
On 5 August 2026, a senior Federal Reserve official said the U.S. central bank may have to take stronger action if inflation does not begin to slow. The warning comes as inflation remains well above the Fed’s 2% target, leaving policymakers under pressure after they decided to keep interest rates unchanged. Investors are now paying…