All posts tagged: record high

Gold prices hover near record high as Trump tariff fears boost its safe haven appeal

Gold prices hover near record high as Trump tariff fears boost its safe haven appeal

Gold prices are hovering around a new record high as investors rushed to put their money into the safe haven asset following US President Donald Trump’s global tariff threats. Sovereign Gold Bond is issued by the Reserve Bank of India (RBI) on the government’s behalf. (Representative Image) According to Bloomberg data, bullion traded near $2,935 an ounce in the global markets after earlier hitting a fresh record high of $2,947.01. Also Read: Microsoft creates an ‘entirely new state of matter’, Satya Nadella calls it a breakthrough In India, gold traded at ₹85,879 for 10 grams on the Multi Commodity Exchange (MCX) for April 2025 futures. The high was ₹86.592. Last Tuesday, Trump pledged to impose 25% tariffs on automobile, semiconductor and pharmaceutical imports into the US. Another aspect contributing to the rising gold prices is the escalating geopolitical tensions after senior officials from the US and Russia met for a first round of talks over the war in Ukraine. Also Read: X looks to raise funds at $44 billion, same price that Elon Musk paid …

18 Pakistani soldiers killed in fighting with separatist rebels in Balochistan | Pakistan News

18 Pakistani soldiers killed in fighting with separatist rebels in Balochistan | Pakistan News

Pakistani troops fought separatist insurgents who set up roadblocks in the restive northwestern region of Balochistan, leaving 18 paramilitary security forces and 23 rebels dead in some of the heaviest clashes in recent years, officials said Saturday. The military said troops suffered casualties when they engaged the insurgents who erected barricades on a key highway in Kalat, bordering Afghanistan. The security forces “successfully removed the roadblock” following the fighting overnight into Saturday morning, the military said in a statement. Story continues below this ad It said 18 security personnel died during the operation and vowed that “the perpetrators, facilitators and abettors of this heinous and cowardly act, will be brought to justice.” Security forces recovered the bodies of 12 insurgents, the military said. Troops also killed another 11 insurgents in an operation that was still underway, it said. Pakistan’s civil and military security forces in 2024 witnessed a 40% surge in militant attacks by all groups, compared to 2023. However, in December the military insisted that security forces killed 925 insurgents in 2024, a record …