Gold gains Rs 75, oil jumps toward $115 as Ukraine conflict offsets Iran supply hope
Zee News
Crude oil touched a decade high this week, and prices are on track for their best weekly increases since the middle of 2020, with the US benchmark up more than 21% and Brent up 17%.
New Delhi: Gold climbed Rs 75 to Rs 51,863 per 10 grams in the national capital on Friday, reflecting stable world prices and a weak currency. The precious metal completed the previous trade at Rs 51,788 per 10 grams.
Silver, on the other hand, fell by Rs 453 to Rs 67,996 per kg, down from Rs 68,449 per kg in the previous session.
"On Friday, COMEX spot gold prices were unchanged at USD 1,936 per ounce. Gold prices were supported by a drop in US bond yields, as well as inflation fears caused by an increase in energy costs "Tapan Patel, Senior Analyst (Commodities) at HDFC Securities, agreed.
Meanwhile, oil rose 4% to $115 a barrel in a tumultuous session on Friday, as concerns over disruptions to Russian supplies due to Western sanctions outweighed the chance of increased Iranian supply in the event of a nuclear deal with Tehran.
Russian forces captured Europe's largest nuclear power station in Ukraine in what Washington described as a reckless attack that risked disaster, despite a flame in a training facility being contained and officials declaring the site was safe.
Delhi Police said there were no visible signs of forced entry or tampering with the locker. A crime team was called to the spot and conducted a detailed inspection. During the inventory check, officials also found that no other lockers in the facility showed any signs of damage or interference.
The total size of the Gaudium IVF IPO is Rs 165 crore and is divided into two parts. It includes a fresh issue of 1.14 crore shares worth Rs 90 crore and an offer-for-sale (OFS) of 95 lakh shares amounting to Rs 75 crore.
An Indian origin techie has been accused of taking kickback from his friend's salary, who was hired by the former for a ghost job in US company.
The HSBC Flash India PMI Composite Output Index, which measures the month-on-month change in the combined output of India's manufacturing and service sectors, indicated continued strong growth momentum across the private sector.
It has faced decades of geopolitical tension and hostile borders. Yet today, Israel ranks among the wealthiest and most advanced economies in the world.
The reforms aim to provide subscribers with greater withdrawal flexibility, extended investment tenure, and improved exit provisions.
The report highlighted that weakness continued during the quarter due to multiple challenges, including eroding executable order books, payment issues, elongated monsoons, and construction bans, which impacted project execution and revenue growth.
Aadhaar Latest App 2026: The new Aadhaar App supports a wide range of real-life use cases. These include hotel check-ins through Offline Verification Seeking Entity’s (OVSE) QR code scanning.
The report noted that the improvement in profitability was primarily driven by strong growth in core income and better asset quality trends. Lower slippages and improved recoveries helped reduce stress on balance sheets, while higher fee income further supported overall earnings during the quarter.
Tata Punch EV facelift: The facelifted Tata Punch EV is all set to launch tomorrow, February 20. With this update, Tata Motors' smallest electric SUV will get a sharper design, more features and possibly improved range.
Silver imports climbed to USD 7.77 billion in Apr-Dec 2025 from USD 3.39 billion in the corresponding period a year earlier.
In Category-A colonies such as Chanakyapuri, Golf Links, and Panchsheel Park, the average price of a 2,500-sq-ft luxury floor rose to around Rs 19.5 crore from Rs 14.5 crore, marking a 34 percent increase.
Addressing concerns about the 18 percent tariff ceiling, he said that competitive countries in the same geography have tariffs above 18 percent.