Gold prices slipped ₹305 to ₹1,21,203 per 10 grams on Friday after recent gains, as traders reassessed hopes for a December Fed rate cut following Powell’s hawkish comments. Silver also declined ₹787 to ₹1,48,053 per kg. Globally, gold remained on track for a third straight monthly rise, supported by bargain buying and rate-cut expectations.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable