Tuesday 20, October 2026
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In its twice-yearly World Economic Outlook, published Tuesday in Bangkok, where the IMF and World Bank are holding their annual meetings, the fund said global growth had held up better than feared during six months of West Asian conflict.
Traders are also watching US yields, foreign portfolio flows, RBI intervention and importer dollar demand for cues on the currency's movement.
Analysts said gold prices could move lower or recover depending on developments in oil prices and the Iran-US ceasefire discussions.
Renewed US-Iran military strikes have pushed Brent crude towards $96 a barrel, raising fears of inflation and economic pressure on India. The crisis has also rattled global markets and Indian gold and jewellery stocks.
The price of one gram increased by Rs 395 to Rs 14,600, while silver also recorded a rise.
The Trust had taken a favourable position on extending his tenure for another five years, but one Trust member opposed the proposal.
In early deals, the 30-share BSE Sensex shed 35.99 points to hit 78,097.31, while the 50-share NSE Nifty eased 31.15 points to 24,444.55.
Samsung Electronics reported a sharp increase in consolidated revenue for the first quarter of 2025, driven by strong sales of its latest smartphones. However, its semiconductor division experienced a notable downturn.
President Donald Trump's administration has long touted its aggressive tariffs against China as a lever to push U.S. companies, including Apple, into relocating manufacturing back to American soil. But industry experts say this vision is fundamentally disconnected from global economic realities—and Apple’s continued reliance on China’s advanced industrial ecosystem is proof.
