For a long time, the world of the energy and automotive industries has been striving to find a solution to the high carbon emissions coming from these sectors. To make this possible, different scientists and specialists have set to work and searched for a solution to help reduce or neutralize the carbon of these industries. Now, a megaproject has been launched to turn on more than 52 billion solar panels. It seems to be science-fictional, but now has been confirmed.
Elon Musk took to X to lay out a bold timeline for human settlement on Mars. The posts came after Bill Ackman advocated for a health-conscious ad campaign.
This is like doomsday for me. I feel so much grief. Can you imagine what I’ve gone through watching my children dying?” says Amina.
Seven-month-old Bibi Hajira is the size of a newborn. Suffering from severe acute malnutrition, she occupies half a bed at aard in Jalalabad regional hospital Afghanistan’s eastern Nangarhar province.
“My children are dying because of poverty. All I can feed them is dry bread, and water that I warm up by keeping it out under the sun,” Amina says, nearly shouting in anguish.
What’s even more devastating is her story is far from unique - and that so many more lives could be saved with timely treatment.
The price for Gold stood at 6,742.61 Indian Rupees (INR) per gram, broadly stable compared with the INR 6,740.18 it cost on Friday.
The price for Gold was broadly steady at INR 78,643.81 per tola from INR 78,616.10 per tola on friday.
Unit measure Gold Price in INR
1 Gram 6,742.61
10 Grams 67,425.53
Tola 78,643.81
Troy Ounce 209,720.30
FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.
Gold FAQs
Why do people invest in Gold?
Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
Who buys the most Gold?
Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.
How is Gold correlated with other assets?
Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.
What does the price of Gold depend on?
The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up
The Republican candidate has managed to delay three of the four trials until after the election, despite facing 88 criminal charges in total.
Republican presidential candidate and former President Donald Trump’s criminal trials: where do they stand now?
The Republican candidate has managed to delay three of the four trials until after the election, despite facing 88 criminal charges in total.
AFP
Republican presidential nominee and former President Donald Trump speaks to the Fraternal Order of Police in Charlotte, N.C., on September 6, 2024.
Republican presidential nominee and former President Donald Trump speaks to the Fraternal Order of Police in Charlotte, N.C., on September 6, 2024. | Photo Credit: NELL REDMOND
The year 2024 was set to be a judicial minefield for Donald Trump, with some thinking the former president could be behind bars before the November 5 presidential election.
However, the Republican candidate has managed to delay three of the four trials until after the election, despite facing 88 criminal charges in total.
He pulled it off via an array of appeals and other tactics by his army of lawyers, including a broad immunity ruling by the US Supreme Court.
He was only found guilty in the least serious case, which involved falsifying business records to cover up hush money payments made to porn star Stormy Daniels.
The latest good news for Trump came Friday, when a judge officially delayed his sentencing in that case to November 26 -- weeks after the US presidential election.
Here’s an overview of how his legal woes look currently.
The NZD/JPY pair fell sharply on Friday and reaching a low of 87.85.
The RSI has plunged to 36, indicating that the bears are in full control and the negative momentum is likely to persist.
Bears have the 87.00 threshold on their sight.
The NZD/JPY pair has maintained its bearish stance, extending the selloff that started in Tuesday's session. Technical indicators strongly suggest that the bears have the upper hand, and the pair could continue to decline in the coming days.
The Relative Strength Index (RSI) has reached 36 and approaches the oversold threshold. However, after the pair shed more than 3% this week, the cross might consolidate in the next sessions, as bears might run out of steam.
The 20-day SMA at 0.6160 provides strong support against the selling pressure but a break below this level would open the door for further declines toward 0.610-0.6150. However, if the pair manages to hold the line, the 0.6200 could be retested.
