Gold is set for its eighth weekly increase, driven by geopolitical and trade tensions, reaching over 1% higher this week. A surge in bullion-backed exchange-traded funds and increased central bank buying have contributed to the metal’s rise. Market concerns include potential changes in US support for Ukraine and the weakening US dollar.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at