Globe Capital Research Report

BULLION –  Gold trades near record levels on rate cut hopes, tariff jitters

• Bullions counter may trade on positive path as gold prices inched higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.

On an annual basis, headline inflation was at 2.8%, while core was at 3.1%. Both also were 0.1 percentage point below the Wall Street consensus and the previous month’s levels.

BULLION – Gold steady with focus on US inflation data, Trump tariffs

Bharti Airtel has announced a partnership with SpaceX, the aerospace company led by billionaire Elon Musk, to introduce Starlink satellite internet services in India. In a joint statement released on March 11, the companies highlighted that the agreement marks Starlink’s first formal partnership in India. However, its implementation is contingent upon SpaceX securing the necessary authorizations to operate Starlink services within the country.

BULLION- – Gold drifts higher ahead of US inflation data