Gold futures opened lower at MCX, mirroring international trends, while silver also saw a dip. This decline marks a significant fall from gold’s peak, though recent volatility has kept prices largely flat. International markets initially rallied on Moody’s US credit rating downgrade but retreated amid ceasefire hopes.
Stablecoins fuel liquidity, not yet money: Mike Dolan
The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support,
August 16, 2025