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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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Mar 25, 2026 / Tyler Durden
Fetterman Blasts Democrats After Illegal Immigrant Murders College Freshman
Fetterman Blasts Democrats After Illegal Immigrant Murders College Freshman
Earlier this week, Jose Medina-Medina, an illegal immigrant whom the Biden administration caught and released at the border, murdered Loyola University freshman Sheridan Gorman. Medina-Medina had previously been arrested at least twice in Chicago, yet was released by local authorities, thanks to their sanctuary policies. According to reports, he approached her, raised a gun, and opened fire as she tried to flee. She was pronounced dead at the scene.
The Democratic Party’s response has been nothing short of horrific.
Chicago Alderwoman Maria Hadden,...
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Apr 29, 2026 / Tyler Durden
O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
Glass bottle and jar company O-I Glass plunged the most in premarket trading in more than six years after it slashed its full-year adjusted EPS outlook, blaming higher energy costs tied to the Gulf-related energy shock.
The major glass-container manufacturer, producing bottles and jars for the beer, wine, spirits, beverage, and food-packaging markets, now expects adjusted EPS of $1.00 to $1.50, down sharply from its prior forecast of $1.65 to $1.90 and well below the $1.67 Bloomberg Consensus estimate.
Slide 8 detailed...
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May 4, 2026 / Tyler Durden
New Member Of Trump's Iran Negotiating Team Comes From FDD Think Tank
New Member Of Trump's Iran Negotiating Team Comes From FDD Think Tank
Authored by Dave DeCamp via AntiWar.com,
Amid stalled peace talks and a US blockade on Iranian ports, the Trump administration has added a new member to its negotiating team who comes from the Foundation for the Defense of Democracies, a notoriously hawkish think tank that has been lobbying for aggressive action against the Islamic Republic for many years.
Nick Stewart, the head of the FDD's lobbying arm, has joined the office of US envoy Steve Witkoff, journalist Alex Marquardt first reported...
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