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 remain net buyers in May, infuse Rs 18,082 crore into Indian equities
Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of