For the first time in history, gold has surged past the $5,000 per ounce mark. The rally is being driven by aggressive buying from central banks—including the RBI—as they look to hedge against a volatile U.S. dollar and shifting global trade policies.
- The Catalyst: Economic uncertainty following new rounds of global trade tariffs and the “de-dollarization” trend has led central banks in Poland, Brazil, and India to significantly increase their gold reserves.
- India’s Position: Gold now accounts for roughly 17% of India’s total forex reserves, up from 12% just last year, providing a massive buffer for the national economy.
🗞️ Other Trending Headlines
If you’re looking for more variety, here is what’s making the “next page” today:
- ⚡ Tech: The “Phonon Laser” Breakthrough Engineers have successfully created a device that generates tiny vibrations on a microchip, potentially replacing traditional electronics with ultra-efficient, earthquake-like pulse technology. This could lead to smartphones that are smaller and significantly faster than anything on the market today.
- 🏏 Sports: T20 World Cup Prep & Fitness Scares Indian all-rounder Washington Sundar is in a race against time to recover from a rib injury before India’s warm-up matches. Meanwhile, veteran Shreyas Iyer remains in the squad for the current New Zealand series as the team finalizes its lineup for the 2026 World Cup.
- 🏛️ Politics: All-Party Meet Before Union Budget Ahead of tomorrow’s Budget Session, the government has convened an all-party meeting. All eyes are on whether the 2026 Budget will include the rumored customs reforms and further tax incentives for the “luxe” tech manufacturing sector.
- 🦕 Science: AI Solves Dinosaur Mystery A new AI tool developed by paleontologists has successfully identified a series of previously “unclassifiable” dinosaur footprints by scanning micro-patterns in the sediment, solving a puzzle that had stumped researchers for over 40 years.