Latest Updates Around The World
The declines follow a volatile week in global markets, which also saw sharp swings in gold and silver. While precious metals found buyers on Tuesday after recent losses, cryptocurrencies failed to gain support. Bitcoin and US stocks fell as rising tensions between the US and Iran prompted investors to seek safe assets.Bitcoin’s plunge casts doubt […]
Kolkata: Indian investors, especially younger buyers, have increased purchases of digital gold to an estimated 12 tonnes in the January-November period this year, according to the World Gold Council (WGC), although demand slowed after the Securities and Exchange Board of India (Sebi) warned last month that the product was unregulated. WGC’s estimate is based on […]
Bitcoin lacks the Christmas spirit.While traditional markets enter the final days of the year with a burst of seasonal optimism, the world’s largest cryptocurrency has barely budged. Trading around $87,370, in a range of $85,000 to $90,000, Bitcoin shows little sign of life – an asset built on hype, volatility and disruption, bringing the year […]
After warning the public against investing in digital gold, Sebi chairman Tuhin Kanta Pandey has made it clear that it has no plans to regulate it as it does not fall under his jurisdiction.In a statement on the sidelines of the National Conclave on REITs & InvITs 2025 in New Delhi, Pandey said Sebi’s gold […]
Markets regulator Securities and Exchange Board of India (Sebi) on Saturday warned investors against digital or online platforms offering gold products as they pose significant risks to investors and could expose them to counterparty or operational risks.“It has come to Sebi’s attention that some digital/online platforms are offering investors to invest in ‘digital gold/e-gold products’. […]
Fintech firm One97 Communications, which owns the Paytm brand, has rolled out a plan to convert loyalty points into gold, the company said on Thursday. The company has also rolled out a new version of its travel platform with an in-app AI assistant that allows travelers to ask questions, browse and make bookings through a […]
