Gold slips as Fed rate-hike expectations buoy dollar

Gold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate hikes, made the precious metal pricier for international buyers. Investors are also weighing mixed signals from U.S.-Iran peace talks, adding to market uncertainty. Meanwhile, Dubai’s commodities exchange is set to launch a new…

PoliceAI UK: How AI in policing will save 6 million hours and speed up crime investigations

UK PoliceAI is introducing artificial intelligence into policing to speed up investigations, process CCTV and digital evidence faster, transcribe emergency calls, and link fragmented crime data across systems. Backed by major government investment, the programme aims to save millions of working hours annually while improving efficiency, accuracy, and response across police forces through structured, centrally…

AI Wants to Answer Your Phone Now: Equal AI’s $30 Million Bet on the Future of Call Screening in India

Indian startup Equal AI has raised $30 million to expand its AI-powered call screening platform that answers and filters calls on users’ behalf. As spam, telemarketing, and service calls continue to overwhelm consumers, the company is betting that AI assistants will become a new layer between people and their communications. The funding reflects growing investor…

Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank report

Deutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve implements three to four rate hikes. This shift comes as resilient US economic data and monetary policy tightening are increasingly influencing gold prices, overshadowing geopolitical tensions and oil prices. Asian demand also shows…

What happens when ChatGPT can shop for you? Inside Visa and OpenAI’s AI commerce vision

Visa’s partnership with OpenAI could mark the beginning of a new phase in digital commerce, where AI assistants move beyond product recommendations to actively participate in transactions. As intelligent agents become more involved in purchasing decisions, businesses may need to rethink how products are marketed, discovered, and evaluated in an increasingly AI-driven marketplace.

AI chatbot’s BMW buy-back offer sparks questions over accountability in automated customer interactions

A customer’s attempt to sell his BMW back to a dealership turned into a lesson in AI accountability when an artificial intelligence chatbot mistakenly negotiated a higher buy-back price than intended. After initially revoking the offer, the dealership ultimately honoured it following media scrutiny. The incident highlights growing questions around the legal and operational responsibilities…