Gold prices have dipped for the third consecutive week, influenced by a robust US dollar and cautious Federal Reserve statements. This has dampened investor interest in safe-haven assets. While bullion trades within a narrow band, analysts suggest a pause-and-assess phase, awaiting clearer economic signals. Silver also experienced a decline amid industrial demand concerns.
India and Australia are committed to expediting the conclusion of the second phase of their Comprehensive Economic Cooperation Agreement (CECA). Commerce ministers reviewed negotiation progress, aiming for a balanced and mutually beneficial pact. This agreement is expected to unlock new business opportunities and strengthen strategic ties between the two Indo-Pacific nations.
Investors are cautioned by Sebi against digital gold products, which operate outside regulatory oversight and pose significant risks. These unregulated offerings lack investor protection mechanisms found in Sebi-approved instruments like Gold ETFs and EGRs. The market regulator urges investors to stick to regulated avenues for gold exposure, ensuring safety and compliance.
Washington’s economy faces severe distress due to the prolonged government shutdown, leading to mass layoffs and halted food assistance. The Capital Area Food Bank is seeing an 8 million meal increase in demand. Local businesses report significant sales drops as federal employees cut spending, pushing families into crisis and forcing some to relocate.
In 1963, France launched Félicette, the first cat into space aboard a Véronique AGI 47 rocket. Her 13-minute suborbital flight provided valuable data on weightlessness and neurological activity. Félicette’s mission marked a significant milestone for France in early animal space exploration.
Candace Owens vehemently denied accusing Erika Kirk of her husband Charlie Kirk’s death, calling Ben Shapiro a liar for his claims on The Megyn Kelly Show. Owens stated Shapiro fabricated the accusation to discredit her. Meanwhile, Erika Kirk appealed for public grace following her husband’s passing, emphasizing the impact of online discourse on her children.
Former US President Joe Biden strongly criticised Donald Trump in Omaha. Biden accused Trump of damaging America’s institutions and mocked his White House renovations. He stated Trump’s actions went beyond expectations. Biden also highlighted the importance of affordable healthcare. He celebrated recent Democratic victories, seeing them as a rejection of Trump’s agenda. Biden urged unity … Read more
Interstellar object 3I/ATLAS has surprised scientists by showing no cometary tail after passing close to the Sun. This unexpected behavior challenges the assumption that it’s a typical comet, fueling debate about its origin and the formation of objects from other star systems. Further observations are planned to unravel its true nature.
Our Moon is slowly drifting away from Earth, not just due to tidal friction as previously thought. New research suggests ancient planetary impacts and Earth’s internal cooling, causing contraction and faster rotation, are also significant drivers. This complex interplay reshapes our cosmic relationship and offers insights into other planetary systems.
Ghislaine Maxwell describes her new Texas prison as safer and cleaner than her previous Florida facility, praising improved conditions. However, lawmakers are investigating allegations of special treatment, including special meals and private showers, sparking anger among other inmates and community members.