Gold price rises Rs 10 to Rs 74,030, silver up Rs 100 at Rs 89,200 The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860
https://www.business-standard.....com/markets/commodit

Could Redditors Trigger the Silver Squeeze 2.0? Could a new silver squeeze be under way, thanks to the retail traders on Reddit aiming to expose the alleged silver manipulation
https://goldsilver.com/blog/co....uld-redditors-trigge

"Russian and Chinese are brothers forever" - Putin and Xi Challenge Western Dominance During his visit to Beijing to mark 75 years of diplomatic relations, Russian President Vladimir Putin emphasized a "brothers forever" bond with Chinese President Xi Jinping. Both leaders presented their relationship as a stabilizing force against Western hegemony, specifically targeting US-led alliances and sanctions. Xi urged a peaceful resolution to the Ukraine conflict and the Israeli-Palestinian crisis, condemning Cold War mentality and unilateral power politics. They praised their move to conduct 90% of trade in national currencies, reinforcing their commitment to a multipolar world order and opposing Western-imposed trade restrictions.
https://www.zerohedge.com/geop....olitical/brothers-fo

Sticker Shock: Buying a Car in the US is More Expensive Than Ever Despite improved production, car prices in the US remain sky-high due to lingering pandemic effects and soaring interest rates. The average new car price hit $48,759 in December 2023, driven by pent-up demand and high loan rates, with used car prices also elevated. While supply chain issues have eased, manufacturers have been slow to replenish inventories, keeping prices inflated. Relief may come as the Fed plans to cut interest rates in 2024, potentially easing the financial burden on car buyers.
https://www.bloomberg.com/news..../articles/2024-01-12

China Dumps Record Amount of US Debt Amid Strategic Diversification China sold a record $53.3 billion in US Treasury and agency bonds in Q1 2024, marking a significant shift away from American assets as trade tensions with the US escalate. Analysts interpret this move as a deliberate diversification strategy, with China increasing its gold reserves to 4.9%, the highest since 2015. This trend, coupled with rising geopolitical tensions and potential tariff hikes from both the Biden administration and former President Trump, underscores China's intent to reduce reliance on the US dollar amidst a volatile economic relationship.
https://finance.yahoo.com/news..../china-sells-record-