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BusinessGold prices have dropped nearly 12% from August highs, reaching a seven-week low of $4,111 per ounce. The decline is mainly due to rising Treasury yields, with the 30-year yield hitting its highest level since 2002 and the 10-year yield near its highest since 2007. Analysts remain cautious about gold's near-term outlook.
TOI Business·3h ago
BusinessEuropean shares are poised for their first monthly decline in six months due to Middle East tensions, rising energy prices, and higher bond yields, which have increased inflation and interest rate concerns. The STOXX 600 index rose 0.7% but is still on track for a loss in September. Mining stocks gained as investors awaited key European inflation data.
ET Markets·29m ago
TechnologyGoogle has launched the Fitbit Air in India, its first screenless fitness tracker with continuous heart rate and SpO2 sensors. Announced on September 27, the device will be available from October 2 in four colors: Obsidian, Berry, Lavender, and Fog. Buyers get a three-month Google Health Premium trial and Rs. 1,000 cashback with select HDFC and ICICI Bank cards.
NDTV Tech·1h ago
SportsIn the second ODI against West Indies in Guwahati on September 30, India won the toss and chose to field. Fast bowler Auqib Nabi made his debut, replacing Nitish Kumar Reddy. India leads the three-match series 1-0 after an eight-wicket win in the first ODI at Thiruvananthapuram. The final match is scheduled for October 3 in New Chandigarh.
Deccan Herald·46m ago·Guwahati
WorldA loud explosion-like sound was reported at Mangalore Refinery and Petrochemicals Ltd on Wednesday, followed by dense smoke visible from a distance. Local residents expressed concern over the incident, which caused anxiety in surrounding areas. Authorities have yet to provide further details about the cause or impact of the event.
Times of India·1h ago·Mangaluru
PoliticsThe Gujarat High Court dismissed AAP leader Arvind Kejriwal's appeal against a Rs 25,000 cost imposed in the case concerning information about Prime Minister Narendra Modi's educational qualifications. The court upheld the decision that the Central Information Commission should not disclose details about Modi's education.
DNA India·56m ago
TOI Business·3h ago
Gold prices have dropped nearly 12% from August highs, reaching a seven-week low of $4,111 per ounce. The decline is mainly due to rising Treasury yields, with the 30-year yield hitting its highest level since 2002 and the 10-year yield near its highest since 2007. Analysts remain cautious about gold's near-term outlook.
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