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Gold, silver seen range-bound as focus shifts to US job numbers, Fed cues: Analysts

New Delhi, Aug 2 (PTI) Gold and silver are likely to trade in a narrow range this week as traders await a raft of economic data, including the US non-farm payrolls report, for fresh clues on the Federal Reserve’s interest rate outlook, analysts said. Investors will monitor purchasing managers’ index (PMI) data from the US, the UK, the Eurozone and Japan. Focus will remain on July employment data from the US, comprising non-farm payrolls and the unemployment rate. Globally, developments surrounding the US-Iran conflict and the stability of crude oil supplies through key shipping routes will remain important drivers of

Why Arbaeen – the Shiite Muslim pilgrimage of mourning – has a deep significance that brings millions to Iraq each year

Miami, August 2, 2026 (The Conversation) Every year, millions of pilgrims walk from the deserts of southern Iraq to the holy city of Karbala for Arbaeen, one of the largest annual pilgrimages in the world. In 2026, pilgrims will converge on Karbala on Aug. 5. Arbaeen falls 40 days after Ashura, which commemorates the killing of Husayn ibn Ali, a grandson of the Prophet Muhammad, in 680 C.E. It marks the end of the mourning period that begins during the Islamic month of Muharram. As a scholar of religion and politics who studies Shiite communities across the Indian Ocean world,

Trump says he will order halt to Iran strikes after parameters reached for deal to end war

CAIRO (AP) — U.S. President Donald Trump said in a Saturday evening social media post he will order American forces to hold off on new strikes against Iran, claiming Mideast allies had reached the parameters of a deal to end the five-month old war. The emerging deal “would include the Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat,” Trump wrote on Truth Social. “Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject

PM Modi says punishing student protesters will not resolve situation

Mumbai, Aug 1 (Reuters) – Indian Prime Minister Narendra Modi said he wanted to forgive students who hurled expletives at him during protests last month, ​saying that punishing them and forcing them to appear repeatedly ‌in court would not help resolve the situation. The biggest political crisis of Modi’s third term peaked in July after the leak of national exam papers forced ​a retest for 2 million students, fuelling anger over the ​lack of opportunities for young Indians. Authorities filed cases against hundreds ⁠of demonstrators after some clashed with security forces and shouted abusive slogans ​at the prime minister. “These

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