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    Can Sensex, Nifty extend gains on Monday? Oil prices, 5 factors to guide Dalal Street this week

    Indian stock markets are poised for a strong opening, extending Friday's gains as GIFT Nifty surged. Optimism surrounding a potential resolution to the Iran-US conflict and falling oil prices are boosting sentiment. Major bank earnings and a strengthening rupee also provide support, with FIIs showing consistent buying interest.

    Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcing

    Indian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, aiming for better supplier prices. Simultaneously, there is a strong push towards sourcing more goods locally. This strategy helps reduce dependence on imported items and manage rising costs. These efforts are crucial for businesses facing currency pressures.

    Global Market: Japan says recent yen moves driven by speculative trade

    Japan's Finance Minister Satsuki Katayama attributed recent yen movements largely to speculative trading, following news of the Strait of Hormuz reopening. The dollar weakened against the yen as traders shifted from safe-haven assets. Authorities have expressed concerns over a weak yen's impact on import costs and inflation, signaling readiness to intervene against sharp currency declines.

    Will gold price reach $4,900 or fall towards $4,500 and silver rate touch $90 or slip below $60 this month? Market outlook, analysts insights and investor strategy

    Will gold price reach $4,900 or fall towards $4,500 and silver rate touch $90 or slip below $60 this month? Gold held steady and moved toward a fourth weekly gain as hopes of a US-Iran peace deal shaped inflation and interest rate expectations. The dollar fell and oil eased. Indian banks paused imports. Silver gained momentum. Analysts now discuss price targets, risks, and investor strategy for this month.

    Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Analysts insights, market outlook and what should investors do now

    Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after the US dollar weakened and Treasury yields fell. Markets reacted to growing hope of a US-Iran peace deal and possible rate cuts. Investors now question if metals will continue rising or reverse later. Analysts say bond yields, inflation fears, and interest rate expectations will guide the next move.

    Gold gains on softer dollar, markets eye US-Iran developments

    A weaker dollar supported gold prices, as uncertainty around US-Iran developments kept safe-haven demand intact.

    The Economic Times
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