Gold prices surged over 1% as a weaker dollar and easing oil prices reduced inflation concerns, fueled by hopes of a U.S.-Iran peace deal. President Trump’s decision to pause a Strait of Hormuz operation contributed to the dollar’s decline and eased geopolitical tensions, impacting various precious metals.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks