Gold dips as Mideast hostilities revive inflation concerns

Gold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation worries. Higher interest rate expectations also pressured the non-yielding precious metal. Central banks worldwide are monitoring inflation and economic growth forecasts. Other precious metals like silver, platinum, and palladium saw mixed movements.

Stocks in news: TCS, Nalco, Maruti Suzuki, Natco Pharma, HFCL

Indian markets saw a significant decline on Wednesday, influenced by global factors. TCS anticipates modest profit growth amid client spending caution and wage pressures. Nalco and NLC India will form a joint venture for a power plant. HFCL plans substantial investment to boost optical fibre cable production capacity. Natco Pharma announced significant investments and stake…