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Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin MCX trading due to holiday, with analysts warning of continued volatility and key resistance levels ahead.
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Chicago Federal ​Reserve President Austan ​Goolsbee on Tuesday ​said interest-rate cuts may need to wait until 2027, ‌depending ⁠on ⁠how long oil ​prices stay high.
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Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead ​the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million.
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Anand Rathi Share and Stock Brokers posted 126% YoY profit growth in Q4 to Rs 41.5 crore, driven by strong non-broking segments, margin expansion, and diversified revenue, despite weak broking income and volatile markets.
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Wall ​Street’s ​main indexes opened higher ​on Tuesday after reports of fresh ‌efforts ⁠to ease ⁠the Middle East ​conflict boosted sentiment, with ​traders also assessing corporate earnings and ​the March ⁠producer price ‌data.
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BlackRock reported a ​rise in first-quarter profit on Tuesday, as the asset manager ​saw strong inflows into its exchange traded funds and earned more from performance fees, sending its shares up 2.8% in trading before the bell.
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Wells Fargo’s interest income fell short of Wall Street ​expectations in the first quarter on Tuesday, as a ​string of rate cuts from the U.S. Federal Reserve dragged down loan yields.
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Citigroup’s first-quarter profit rose 42% as geopolitical tensions fueled market volatility and ​trading revenue, while strong dealmaking buoyed investment ​banking fees.
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Inflation steadily reduces the value of money. What you can buy today costs more tomorrow. This impacts investments by eating into returns. Investors must focus on real gains, not just nominal ones. Certain assets like stocks and real assets can help preserve wealth. Cash loses value during inflation. Understanding inflation is key for smart investment...
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