BSE has imposed a 20% circuit limit on Gold and Silver ETFs after an unprecedented crash in bullion prices, anchoring trades to T-1 NAV to curb wild volatility. The move follows sharp declines in MCX gold and silver futures, which triggered steep ETF losses amid a stronger dollar and global uncertainty.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy