Gold is generally considered a safe investment during economic and political uncertainties. Last year, when the global economic situation became dire due to the Covid-19 pandemic, investors rushed into the safety of gold which saw prices rise to multi-year highs. An all-time low Indian rupee and a hike in custom duty on gold have kept domestic prices somewhat in check from a steeper fall.
Bitcoin holds above $102,000 as traders await fresh cues amid cooling inflation
Bitcoin experienced a slight dip, trading around $102,263, while Ethereum fell to $2,569, impacting the broader crypto market. The earlier rally, fueled by cooling inflation
May 15, 2025