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    Gold prices climb as Middle East tensions rise, US inflation eases

    Gold prices surged as Middle East tensions escalated, fueling demand for safe-haven assets. Softer U.S. inflation data bolstered expectations of Federal Reserve interest rate cuts, further driving the rally. A weaker dollar made gold more attractive to overseas buyers. Investors are closely watching upcoming U.S.

    GIFT Nifty down 30 points; here's the trading setup for today's session

    Indian stock markets closed slightly up on Wednesday. Positive news regarding US-China trade and the India-EU FTA may influence market sentiment. Analysts suggest buying on dips, with support at 24,850. India VIX decreased, indicating reduced market fear. FIIs net sold shares, while DIIs were net buyers. The Rupee strengthened against the US dollar.

    Gold jumps Rs 820 to Rs 98,490/10 g; silver remains flat

    Gold prices jumped Rs 820 to Rs 98,490 per 10 grams in the national capital on Wednesday due to fresh buying by retailers and stockists in line with firm global trends, according to the All India Sarafa Association.

    Crypto market rises ahead of US inflation data; Ethereum nears $2,800, Altcoins rally up to 8%

    Altcoins mirrored Bitcoin’s upward momentum, recording solid gains across the board. Solana rose 5%, Dogecoin gained 4%, and Cardano increased by 3.7%. Hyperliquid led the altcoin rally with an 8.4% surge, while Sui and Shiba Inu climbed 6% and 3%, respectively.

    Will RBI's rate cuts and liquidity easing be enough to spur demand and grow India's economy?

    Despite the RBI's significant liquidity injection through rate and CRR cuts, a Nuvama report questions its effectiveness in reviving demand due to fiscal constraints and subdued corporate investment. The report highlights that households' limited capacity and neutral fiscal policy hinder a robust recovery, unlike previous cycles supported by fiscal expansion and export rebounds.

    Vodafone Idea shares in focus after launching 5G services in Bengaluru

    Vodafone Idea (Vi) has launched its 5G services in Bengaluru, with commercial access starting June 11. This follows earlier rollouts in Mumbai, Delhi-NCR, Patna, and Chandigarh. Vi plans to expand 5G across all 17 priority circles by August 2025. Bengaluru users with 5G-enabled devices and plans starting at Rs 299 can enjoy unlimited 5G data under an introductory offer.

    The Economic Times
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