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Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
Gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand, according to Reuters.
Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchasing precious metals is considered auspicious. Only this time near record gold prices - the precious metal closed just over $4800 - kept buyer enthusiasm rather subdued.
"The sharp rally in prices curbed jewellery demand. In volume terms, buying was lower as consumers...
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Jul 13, 2026 / Tyler Durden
Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore
Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore
As well as two epic World Cup semi-finals before that, and the start of the Open golf it’s a packed week ahead in markets, writes DB's Jim Reid.
The headline events are tomorrow’s US CPI and Wednesday’s US PPI, alongside Fed Chair Warsh’s first Humphrey–Hawkins testimony before the House Financial Services Committee (tomorrow) and the Senate Banking Committee (Wednesday). Elsewhere, key data includes China’s Q2 GDP and their monthly data dump (Wednesday) and the UK’s May...
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Aug 7, 2026 / Tyler Durden
The WNBA Is At War With Its Biggest Stars
The WNBA Is At War With Its Biggest Stars
Via The Daily Signal,
This is a lightly edited transcript of an Aug. 6 segment of the Victor Davis Hanson: In His Own Words podcast...
Jack Fowler: And the whole trans issue is coming up in the WNBA, and various coaches are like, “I don’t know. Should a she - I can’t say who should be playing.” They will not say that a biological woman should be playing in the WNBA. It’s this absurdity.
Victor Davis Hanson: But they know.
I think Clay Travis said he was going to buy a franchise ...and...
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Sep 29, 2026 / Tyler Durden
IEA's Birol Says "Ready To Act" If Energy Shock Worsens As US Offers 40 Million-Barrel SPR Lifeline
IEA's Birol Says "Ready To Act" If Energy Shock Worsens As US Offers 40 Million-Barrel SPR Lifeline
Summary:
US DoE Offers 40 Million Barrels From SPR
IEA Head Says SPR On Standby If Energy Crisis Deepens
EU Eyes Methane Rule Retreat As Energy Crisis Deepens; IEA Floats Another Emergency Oil Dump
IEA Head "Ready To Act"; US DoE Offers 40 Million Barrels From SPR
Brent crude futures moved lower to $103.90 a barrel, supported by continued diplomatic efforts and the resumption of flows through Saudi Arabia's East-West pipeline. Kpler data from the weekend showed that oil...
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