Spot gold was highly volatile amid weak US data and tariff policies. The yellow metal posted a seventh consecutive weekly gain. Poor US retail sales data and Trump’s reciprocal tariffs impacted the market. The US Dollar Index fell over 1 percent. Gold prices are influenced by mixed economic data, political uncertainties, and proposed Ukraine peace talks.
Probal Sen flags muted quarter for Reliance as O2C weakness weighs
Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business