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Business

Gold price prediction today: Why is gold not rising too much despite lower oil prices? Check June 23, 2026 outlook

Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

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Business

‘Foundation for a final deal’: US hits pause on Iranian oil sanctions after nuclear push

The US has temporarily lifted sanctions on Iranian oil for 60 days, allowing its production and sale. This move follows Iran’s agreement to permit UN nuclear inspectors and ensure free passage through the Strait of Hormuz. Vice President JD Vance hailed the understanding as a crucial foundation for a future deal, though nuclear talks are

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Business

Oil prices rebound as US-Iran peace hopes temper Hormuz supply fears

On Tuesday, oil prices enjoyed a modest rise as they bounced back from a previous decline. Investors are tentatively hopeful about the ongoing US-Iran peace discussions, yet they remain cautious about the reopening of the Strait of Hormuz for crude exports. Despite early indicators showing improved maritime movements and declining US strategic oil reserves, skepticism

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Business

From IPO boom to bond debut: Elon Musk’s SpaceX seeks funds for AI and starship

SpaceX is tapping the bond market for the first time, seeking funds for its ambitious AI and next-gen space tech projects, even as it boasts over $100 billion in cash. This move allows capital raising without diluting shareholder control. The announcement comes amid a significant drop in SpaceX shares post-IPO, which nonetheless propelled Elon Musk

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Business

Top stocks to buy today: Stock market recommendations for June 23, 2026 – check list

Stock market recommendations: Delhivery, Lodha Developers, REC Ltd, and Indian Energy Exchange – these are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan for June 23, 2026:

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