Gold prices rise ₹10 to ₹96,180; silver up ₹100, trading at ₹100,100 today
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹88,160
https://www.business-standard.....com/markets/commodit
Dollar Dominance Declining: How U.S. Trade Policies Are Reshaping Global Finance
Recent market volatility has highlighted concerns about the U.S. dollar’s status as both a safe-haven asset and global reserve currency. Following President Trump’s April 2 tariff announcements, traditional market correlations have broken down, with the dollar falling to a three-year low while other safe-haven currencies like the Swiss franc and...
https://goldsilver.com/industr....y-news/goldsilver-ne
Consumers Rush Big Purchases Ahead of Expected Tariff Impacts, Retail Sales Soar
U.S. retail sales jumped 1.4% in March, the largest increase in over two years, as consumers rushed to purchase big-ticket items, especially vehicles, before potential tariff-induced price increases. While this surge exceeded expectations, economists warn it could lead to weaker future sales and doesn’t eliminate concerns about how ongoing trade...
https://goldsilver.com/industr....y-news/goldsilver-ne
Manufacturing Sector Shows Resilience in March Despite Overall Industrial Decline
U.S. manufacturing continued its positive trend in March, increasing 0.3% for the fifth straight month, with the sector growing at a robust 5.1% annualized pace in the first quarter of 2024. The automotive industry was particularly strong, with motor vehicle and parts production rising 1.2% following February’s significant 9.2% increase....
https://goldsilver.com/industr....y-news/goldsilver-ne
Canada Benefits as China Abandons US Oil Amid Escalating Trade War
China is dramatically shifting its oil imports from the US to Canada amid worsening trade tensions. Chinese refiners have reduced US oil purchases by about 90% while significantly increasing Canadian crude imports through the newly expanded Trans Mountain Pipeline. In March alone, China imported a record 7.3 million barrels from...
https://goldsilver.com/industr....y-news/goldsilver-ne
