Gold and silver experienced a significant drop last week driven by a rebound in the dollar index and U.S. bond yields. The Federal Reserve’s actions and upcoming U.S. economic data, particularly the Payrolls report, are seen as key drivers for commodities in the near term according to Naveen Mathur from Anand Rathi Shares and Stock Brokers.
RBI probing banks’ derivatives books amid IndusInd fallout, sources say
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources
March 12, 2025