Yellow Financial News

Budget 2024 proposes to cut the customs duty to 6% on Gold and Silver. Moreover, the finance minister has also proposed to reduce customs duty on platinum to 6.4%.

silver September futures at MCX opened 0.21% or Rs 191 lower at Rs 89,012/kg. Gold prices have fallen by Rs 1,500/10gm in the last one week whereas silver prices have witnessed a fall of Rs 4,600/kg in the same duration.

World Gold Council (WGC), many consumers have shifted from jewellery to gold bars and coins as the prices of the yellow metal have surged, making it a preferred asset class among investors. Seasonal factors and high prices have dampened the demand for gold jewellery. At the same time, anecdotal reports indicate persistent demand for bars and coins, indicating a likely shift from jewellery to bars and coins for some consumers. Moreover, there hasn’t been significant distress selling of gold or profit taking from gold sales that are being reported, as consumers anticipate further price increases, said Kavita Chacko, research head, India, WGC. The period from mid-May to July is typically a slack season for jewellery purchasing. A potential revival in demand is expected with the onset of the festival season in the latter part of Q3. The sustained momentum in the domestic economy, coupled with favourable progress in monsoons and crop sowing, has raised expectations of an uptick in demand (both rural and urban) in the coming months.

A post shared by NASA (@nasa) Speaking of Rho Opiuchi, NASA said that it is located 390 light-years away from Earth. As per NASA, Rho Ophiuchi is a vast cloud complex containing gas and stars of various sizes and ages. As one of the nearest regions where stars are forming, it offers an excellent opportunity for astronomers to study stellar phenomena.

neem tree. A bird might have dropped the seed in the pot, after eating the fruit. Then there is a thistle plant that pushes for space on the pot—most would consider it a weed, but not all weeds are bad.

Gold August futures opened lower by 0.72%, or Rs 534, at Rs 73,621 per 10 grams on Friday, while silver September futures contracts opened down by nearly 1%, or Rs 90,953 per kilogram. The yellow metal has traded flat, gaining only Rs 340 per 10 grams in the last week, while silver has dipped by Rs 2,100 per kilogram in the same period.

silver September futures contracts opened flat on Thursday as the former opened up by 0.4% or Rs 298 at Rs 74,435 per 10 gram while the latter opened up by 0.48% or Rs 438 at Rs 92,380 per kilogram. The yellow metal has gained Rs 1,200/10 gm in the current week after slipping slightly from its all time high Rs 74,731 while silver has surged by Rs 700/kg in the same time period.

₹2.39 lakh, but the price of this new Royal Enfield model can go up to ₹2.54 lakh (ex-showroom). Notably, it is the second model to be based on the Sherpa 450 platform after Royal Enfield's Himalayan. The Guerrilla 450 looks perfect for a roadster, with a stripped retro design and some interesting colour options.The Royal Enfield Guerrilla's price starts at ₹2.39 lakh and can go up to ₹2.54 lakh (ex-showroom).

IMD) has predicted heavy rain in several districts of Kerala on Monday. The IMD has issued a red alert for Malappuram, Kannur, and Kasaragod districts in Kerala and an orange alert for Ernakulam, Thrissur, Palakkad, Kozhikode, and Wayanad districts. The Met office has also issued a yellow alert for Pathanamthitta, Alappuzha, Kottayam, and Idukki districts on Monday due to the possibility of very heavy rain.

Mumbai rains LIVE Updates: The Regional Meteorological Department (RMC) issued a yellow alert for Mumbai and Palghar. RMC in its weather report stated, “Heavy to very heavy rainfall in a few places with extremely heavy rainfall at isolated places very likely."Meanwhile, red alert for heavy showers is in place for four districts of Maharashtra including Satara, Kolhapur, Sindhudurg and Ratnagiri.

Anant Ambani and Radhika Merchant's wedding last night was a star-studded affair, with Gen Z sensations Ananya Panday, Suhana Khan, Khushi Kapoor, and Shanaya Kapoor lighting up the event. The trio, part of the groom's brigade, initially turned heads for all the wrong reasons with their coordinated but uninspired outfits. Dubbed 'Ludo ki goti' by unimpressed netizens, they quickly redeemed their fashion faux pas with stunning outfit changes that left everyone in awe. Ananya Panday, Khushi Kapoor, and Shanaya Kapoor made a coordinated entrance at Anant Ambani's baraat. Each donned sequin-embroidered ensembles in different shades. Ananya sported a vibrant yellow bralette and A-line skirt, Khushi opted for a striking green corseted blouse paired with a flared lehenga, and Shanaya rocked a blue bustier-style sleeveless blouse with a matching A-line skirt. Despite the initial backlash, the trio managed a fashionable comeback later in the evening.

Tour de France is like a three-week festival, with the cyclists going through an endurance run over a period of 21 days. Tour de France 2024 has already started on June 29 and will continue until July 21, when top cyclists from all across the globe will finish their course in Nice, France, which is a slight change from the traditional Paris finish.

Jefferson Lerma scored in the 39th minute, and Colombia played a man short the entire second half in a 1-0 win over Uruguay on Wednesday night to reach the Copa America final against Lionel Messi and Argentina. Daniel Munoz was ejected in first-half stoppage time for his second yellow card, but Colombia held on to reach the championship for the first time since winning its only Copa title as host in 2001. Colombia extended its unbeaten streak to a team record 28 games, one more than from 1992-94 and the longest current streak in men's soccer. In a contentious match that included seven yellow cards and one red, players from both teams pushed and shoved in a scrum on the field at the final whistle and some players went into the stands to scrap with fans.

₹164999.Galaxy Z Flip 6 comes with Snapdragon 8 with slim and sleek design, and features a pro-level 50MP camera.Z Flip 6 will be available in Blue, Yellow, Mint and Silver Shadow. Crafted Black, White and Peach colours will be available on only on Samsung website.

cyclonic circulation is currently situated over the Westcentral Bay of Bengal off the south Andhra Pradesh coast, extending into the middle tropospheric levels, according to India Meteorological Department. Concurrently, an off-shore trough at mean sea level stretches along the south Gujarat-Kerala coasts. These weather systems are expected to cause widespread rains in many southern and western states. Fairly widespread to widespread light to moderate rainfall, accompanied by thunderstorms and lightning, is likely over Kerala & Mahe, Lakshadweep, Coastal Karnataka, Konkan & Goa, and the Gujarat region, IMD said. Scattered to fairly widespread light to moderate rainfall is expected over Madhya Maharashtra, Marathwada, Saurashtra & Kutch, Coastal Andhra Pradesh & Yanam, Telangana, and Interior Karnataka. Isolated to scattered light to moderate rainfall is forecasted over Tamil Nadu, Puducherry & Karaikal, and Rayalaseema.

silver steadied. Gold August futures contracts and silver September futures contracts on Monday opened flat at Rs 72,966 per 10 grams and Rs 93,380/kg respectively. Gold August future contracts at MCX opened flat today at Rs 70,977 per 10 gram, which is down by merely 0.16% or Rs 112 while silver September futures contracts were trading at Rs 88,743/kg, down by 0.44% or Rs 392.

Remo Freuler, a Switzerland national team defender, could easily be remembered as the Diego Maradona of Euro Cup 2024, but for all the wrong reasons. Maradona shook the football world during the 1986 FIFA World Cup after the 'hand of God' incident during a quarterfinals match against England.

Delhi is likely to witness heavy rain on Sunday, with the Indian Meteorological Department issuing an 'orange' alert for the city till July 2. The national capital recorded a minimum temperature of 27 degrees Celsius, 0.9 notches below the season's average.

gold recovered on Thursday and Friday ahead of the key US PCE inflation data due Friday. Spot gold managed to recover nearly 2% from the weekly low of $2293 as it rallied to $2339 level; however, the metal gave back some of its gains on the much awaited US PCE inflation data (May) coming in line with the forecast. The yellow metal closed with a loss of $1 at $2326 on Friday; it was up nearly 0.30% on the week though. The US Dollar Index gained further ground on Trump gaining an edge over Biden in the presidential debate Friday, though it gave back some of its gains on healthy risk appetite. The Index closed with a loss of 0.04% at 105.84 on Friday; it was up around 0.04% on the week. The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%.