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Gold drops Rs 1,100 to Rs 1.61 lakh/10g in Delhi

New Delhi, May 27 (PTI) Gold prices declined Rs 1,100 to Rs 1.61 lakh per 10 grams in the national capital on Wednesday, tracking weak global trends as investors assessed the impact of persistent US-Iran tensions and rising safe-haven demand for dollar. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated Rs 1,100 to Rs 1,61,300 per 10 grams (inclusive of all taxes) from Tuesday’s closing level of Rs 1,62,400 per 10 grams. Silver also weakened, falling Rs 3,300 to Rs 2,69,700 per kilogram (inclusive of all taxes). The white metal had settled

Trump gathers Cabinet as he looks to seal deal to end war that some backers worry will embolden Iran

WASHINGTON, May 27, 2026 (AP) — President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had “largely negotiated” a settlement but with the negotiations still in a state of flux. As he prepares to huddle with his top aides, Trump is projecting confidence that he’s closing in on a deal that will reopen the Strait of Hormuz and provide him a credible argument that Iran’s nuclear capability has been diminished enough to declare victory, winding down a

India stocks set for first yearly drop in over a decade as foreign investors leave: Reuters poll

BENGALURU, May 27 (Reuters) – Indian stocks are set for their first annual decline in more than a decade, a Reuters poll of equity ​analysts found, as an exodus of foreign investors and limited exposure to an artificial intelligence (AI) boom batter what was Asia’s most ‌attractive market. Benchmark equity indices in the world’s fastest-growing major economy are underperforming most peers with investors outside India selling more than $23 billion of their holdings so far in 2026, surpassing last year’s record outflows. Some analysts say India’s valuation premium, once justified by strong economic growth expectations, is becoming harder to defend.

Rupee settles on flat note, up 2 paise at 95.68 (provisional) against US dollar

Rupee hits record low

Mumbai, May 27 (PTI) The rupee settled on a flat note, higher by 2 paise at 95.68 (provisional) against the US dollar on Wednesday, as renewed tensions between the US and Iran and delays in negotiations kept investors cautious. Forex traders said a strong American currency and weak domestic markets also pressured the rupee. Attention has shifted toward the upcoming RBI Monetary Policy Committee meeting scheduled between June 3 and 5, they said. At the interbank foreign exchange market, the rupee opened at 95.60 against the US dollar, and touched an intra-day low of 95.79 against the American currency. At

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