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Gold’s ‘semi-rational’ run gives Wall Street vertigo

Financial Express Delhi

|

October 18, 2025

WALL STREET HAS finally capitulated to gold's record-breaking run.

- SHULI REN

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's reluctant endorsement was the inflection point."This is one of the few times in my life it's semi-rational to have some in your portfolio," said Dimon, adding that he was not a buyer, because "it costs 4% to own it," referring what he could have earned in money markets instead. Gold's relentless rise this year has caught a lot of professionals off guard.According to the latest Bank of America Merrill Lynch money manager survey, a whopping 39% have no holdings, thereby missing out on the bull market.

FLERE HISTORIER FRA Financial Express Delhi

Financial Express Delhi

US, Australia join hands on rare earths to counter China

BOTH COUNTRIES TO INVEST $1 BN EACH IN MINING PROJECTS

time to read

1 min

October 22, 2025

Financial Express Delhi

When justice prevails over monopoly

Court denial to Roche to block generic version of Risdiplam redresses growing imbalance between intellectual property protection & public health needs

time to read

3 mins

October 22, 2025

Financial Express Delhi

Modest Muhurat gains for indices

AFTER HITTING NEW 52-week highs in the one-hour special Muhurat trading on Tuesday, equity benchmarks-Nifty 50 and Sensex-closed only around 0.1% higher largely due to profit-booking.

time to read

1 mins

October 22, 2025

Financial Express Delhi

'Higher small savings rates hit monetary transmission'

SMALL SAVERS GET BETTER RETURNS THAN FORMULA RATES, BANK DEPOSITS LOSE OUT

time to read

2 mins

October 22, 2025

Financial Express Delhi

Coming: Insolvency law for civic bodies

Move to boost credit profile & capex of urban local bodies

time to read

1 min

October 22, 2025

Financial Express Delhi

'Managing gold loan risk now a bigger challenge than demand'

South Indian Bank posted its highest-ever quarterly net profit of₹351.36 crore in Q2.MD & CEO PR Seshadri tells Narayanan V that the performance was driven by growth in MSME and retail segments, the bank's preparedness for ECL framework, and its cautious approach to jewel loans. Excerpts:

time to read

2 mins

October 22, 2025

Financial Express Delhi

Gold slumps most in 4 years as rally cools

GOLD SLID THE most in four years, after gaining for weeks in a rapid rally that has stretched technical indicators.

time to read

1 min

October 22, 2025

Financial Express Delhi

Nitish launches Bihar poll campaign

Nitish Kumaron Tuesday charged hisarchrival Lalu Prasad with doing “nothing for women’ while in power, and propping up wife Rabri Devi when the charge sheet in the fodder scam caused him to step down.

time to read

1 min

October 22, 2025

Financial Express Delhi

$100,000 H-1B fee won't apply to status change or renewals: USCIS

THE $100,000 FEE imposed bytheTrumpadministration on new H-1B visa petitions willnotapply toapplicants seeking a “change of status” or “extension of stay’,according to fresh guidelines.

time to read

1 mins

October 22, 2025

Financial Express Delhi

PFRDA releases draft norms on pension wealth accumulations

THE PENSION FUND Regulatory and Development Authority (PFRDA) has released a comprehensive consultation paper which aims to present pension wealth accumulations more clearly to subscribers while ensuring long-term financial stability and economic relevance.

time to read

1 min

October 22, 2025

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