Despite rallying risk assets, the 10-year US yields inched higher to finish over 1% higher at 3.315%, which is close to its cyclical high. The gold rally has faltered once again at $1730 level. The factors that led to a decline in the US Dollar Index are unlikely to be effective for long. Traders will use rallies in gold to sell with $1675 level in focus on the downside. The upside is capped at around $1750.
Indian cosmetics brand Colorbar eyes IPO in early 2027
India’s Colorbar Cosmetics is planning to go public in early 2027, after doubling its revenue this financial year by upgrading its designs, launching new products
May 18, 2025