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Gold surges to record Rs 1.17 lakh/10 g on safe-haven demand amid US shutdown fears

New Delhi, Sep 30 (PTI) Gold prices on Tuesday soared Rs 1,217 to hit fresh record high of Rs 1,17,561 per 10 grams in the domestic futures market tracking sharp gains in the overseas market, as investors weighed the risk of a looming US government shutdown alongside expectations of further interest rate cuts by the Federal Reserve. On the MCX, the yellow metal futures for December delivery extended its gains for the fourth straight session by rallying Rs 1,217 or 1.04 per cent to hit a record high of Rs 1,17,561 per 10 grams. Similarly, the February 2026 contract for

Rupee rises 3 paise to 88.72 against dollar in early trade

Mumbai, Sep 30 (PTI) The rupee rose 3 paise to 88.72 against the US dollar in early trade on Tuesday on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains in the local unit, according to forex traders. They added that the markets are awaiting the Reserve Bank of India’s (RBI’s) Monetary Policy Committee decision, which will be announced on Wednesday. At the interbank foreign exchange, the rupee opened at 88.73 against the US dollar before inching up to 88.72,

Stock markets rebound in early trade after seven days of fall

Mumbai, Sep 30 (PTI) Benchmark indices Sensex and Nifty bounced back in early trade on Tuesday, after falling sharply in the past seven trading days, helped by buying in bank stocks. The 30-share BSE Sensex climbed 312.88 points to 80,677.82 in early trade. The 50-share NSE Nifty went up by 96.9 points to 24,731.80. From the Sensex firms, Power Grid, Asian Paints, Bajaj Finance, Bharat Electronics, Titan, HDFC Bank, HCL Tech, UltraTech Cement, State Bank of India and ICICI Bank were among the major gainers. However, Reliance Industries, ITC, Larsen & Toubro and Trent were among the laggards. In the

Trump and Netanyahu are set to meet as pressure mounts to end the war in Gaza

WASHINGTON, September 29, 2025 (AP) — Days after his defiant speech at the United Nations rejecting demands to end the war in Gaza, Israeli Prime Minister Benjamin Netanyahu is set to confer with his most important supporter. But Monday’s meeting with President Donald Trump in Washington comes at a tenuous moment. Israel is increasingly isolated, losing support from many countries that were long its steadfast allies. At home, Netanyahu’s governing coalition appears more fragile than ever. And the White House is showing signs of impatience. The question now is whether Trump, who has offered steadfast backing to Netanyahu throughout the

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