Gold price prediction today: Gold prices are expected to trade sideways due to diminished safe-haven demand as the US secures trade deals. Profit booking and easing global trade tensions have also contributed to the downward pressure.
Related news
Import duties on Scotch and gin in India will decrease from 150% to 75%, but the full effect won't be seen until at least 2035 due to ratification and a phased reduction. While the UK agreed to a minimum import price, consumer price drops may only be around 10% because of state taxes. The move is expected to benefit Indian Made Foreign Liquor manufacturers and boost trade.
Prime Minister Modi, ahead of a crucial parliamentary debate on the Pahalgam terror attack and Operation Sindoor, asserted India's firm stance against terrorism. Speaking in Tamil Nadu, Modi emphasized that the precision strikes in Pakistan sent a clear message: terrorists have no safe havens. He highlighted the operation's role in fostering national self-confidence.
England won the toss for the fourth time in the Anderson-Tendulkar Trophy and chose to field against India at Old Trafford. England leads the series 2-1. Sai Sudharsan replaced Karun Nair, while Anshul Kamboj is making his debut. Gill expressed confusion but acknowledged England's strong performance. Stokes cited favorable bowling conditions and Dawson's inclusion.
Dwight Muhammad Qawi, the former two-division world champion and International Boxing Hall of Famer, has passed away at 72 after a five-year battle with dementia. Known as "The Camden Buzzsaw," Qawi's life was a story of redemption, transforming from a prison inmate convicted of armed robbery to a boxing icon.
National Girlfriend's Day, celebrated on August 1st, honors the profound connections between women, emphasizing friendship and mutual support. It's a day to appreciate the women who uplift and stand by you, whether they are best friends or romantic partners. The celebration focuses on female connection, offering thoughtful messages to express gratitude and love for the women who enrich our lives.
India Champions will not play Pakistan in the World Championship of Legends semi-final. The team had earlier refused to play Pakistan in the league stage. A key sponsor, EaseMyTrip, withdrew support for the semi-final. They cited concerns about normalising relations with a country that promotes terrorism. India Champions had a mixed tournament, losing matches to South Africa, Australia, and England.
Sanjay Manjrekar lauded KL Rahul and Shubman Gill's resilient 174-run partnership against England, highlighting their restraint and mental fortitude after India's shaky start. Despite their aggressive IPL backgrounds, they curbed instincts to bat time, showcasing remarkable discipline. Experts emphasise the critical nature of the first 30 minutes and the new ball on Day 5 for India's survival.
Dehradun Police filed a second case involving six individuals for allegedly converting a 28-year-old woman and attempting to send her to the UAE with forged documents for marriage. SSP Ajai Singh revealed links to the banned Muslim Brotherhood. The woman, Sumaiyya, was influenced through online interactions, including a Pakistani cleric and a Dubai-based contact.
Dwyane Wade and Gabrielle Union are cherishing family time with their daughter, Kaavia, after a challenging year that included Wade's kidney surgery. Union recently shared her past struggles with miscarriages, including a particularly difficult experience while filming 'Being Mary Jane.' The couple, who married in 2014, faced fertility issues and ultimately welcomed Kaavia via surrogacy.
Donald Trump announced a 25% tariff on imports from India, effective August 1, 2025. This raises concerns about potential iPhone price increases in the US. However, current exemptions protect Apple's iPhone exports from India. The US has exempted smartphones from reciprocal tariffs. Made-in-India iPhones are safe for now, but this could change. Future tariffs could make these iPhones pricier.