Gold price prediction today: Gold prices are anticipated to exhibit a slightly bearish trend due to easing geopolitical tensions and positive trade deal discussions ahead of the US tariff deadline. Despite support from ETF inflows and a weaker dollar, focus shifts to trade negotiations and corporate earnings.
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US President Donald Trump announced a signed trade agreement with China, hinting at a potentially significant deal with India soon. He suggested this India agreement would further open up trade opportunities. While expressing openness to deals, Trump indicated that not all nations would receive such offers, with some facing tariffs.
A 24-year-old law student was allegedly gang-raped inside South Calcutta Law College by an alumnus and two senior students after she rejected a marriage proposal. The survivor reported a brutal assault, including filming and threats. Police have arrested the three men, triggering political uproar and protests, with the state government and national commission intervening.
England executed a brilliant run chase, securing a five-wicket victory against India in the Headingley Test and taking a 1-0 series lead. Ben Duckett and Zak Crawley's commanding opening stand laid the foundation for the chase of 371. Joe Root and Jamie Smith then calmly guided England home, showcasing a measured approach to secure the win.
Flight operations at Delhi's IGI Airport faced major disruptions with 48 cancellations, impacting Air India and IndiGo significantly. Airports across India, including Ahmedabad, Thiruvananthapuram, and Mangaluru, experienced delays due to airspace restrictions over Qatar and the Gulf region. Cochin and Lucknow airports issued advisories amid heightened Middle East tensions following Iran's missile strike on U.S. bases in Qatar and Iraq.
In a stunning upset, Zohran Mamdani, a democratic socialist of Indian origin, defeated former governor Andrew Cuomo in New York City's Democratic mayoral primary. Mamdani, leading with 43% of the vote, awaits final ranked-choice tabulations. Cuomo conceded, congratulating Mamdani. If confirmed, Mamdani would be the city’s first Muslim and Indian American mayor.
Elon Musk is threatening to form a new "America Party" if Republicans pass Donald Trump's spending bill. He pledged support for primary opponents against GOP members, specifically targeting fiscal conservatives.
Following India's defeat in the first Test against England, former Australia captain Michael Clarke advocates for Kuldeep Yadav's inclusion in the second Test at Edgbaston. Clarke emphasizes Kuldeep's wicket-taking ability, suggesting India prioritizes bowlers who can secure 20 wickets. Echoing this sentiment, former England batter Nick Knight believes Kuldeep's variations could challenge England's aggressive batting.
NASA's Curiosity rover finds strange rock formations on Mars. These look like spiderwebs. The rover spots these on Mount Sharp. Scientists think these formations formed from old groundwater. The mineral-rich ridges may hold clues about Mars' past. The discovery could help understand if Mars once supported microbial life. Curiosity will study the formations further.
House Republicans passed the 'ONE BIG BEAUTIFUL BILL,' securing President Trump's signature on July 4. The legislation makes permanent $4.5 trillion in tax cuts, introduces new tax breaks, and enacts $1.2 trillion in spending cuts targeting Medicaid and food stamps. It also allocates $350 billion for border security and raises the national debt ceiling by $5 trillion.
Mark Zuckerberg's unannounced entry into an Oval Office meeting between President Trump and military officials caused a stir, leading to concerns about security protocols. Zuckerberg was reportedly asked to leave due to clearance issues while sensitive topics were being discussed. A White House representative disputed the account, stating Zuckerberg's visit was brief and pre-arranged.