By TOI GLOBAL DESK
Gold and silver prices fell sharply despite high global tensions. Gold dropped $44 to $5,199 per ounce, and silver fell to $86–$87. A stronger U.S. dollar, rising Treasury yields, and a 36% margin hike on silver futures forced traders to sell. Analysts call it a short-term correction, with long-term demand for metals still strong.
Gold and silver prices fell sharply despite high global tensions. Gold dropped $44 to $5,199 per ounce, and silver fell to $86–$87. A stronger U.S. dollar, rising Treasury yields, and a 36% margin hike on silver futures forced traders to sell. Analysts call it a short-term correction, with long-term demand for metals still strong.
By TOI GLOBAL DESK
U.S. stock markets declined as the Dow Jones Industrial Average fell more than 500 points after oil prices surged amid tensions between the United States and Iran near the Strait of Hormuz. Rising crude prices raised concerns about inflation and higher business costs, while technology stocks like Oracle Corporation provided limited support.
U.S. stock markets declined as the Dow Jones Industrial Average fell more than 500 points after oil prices surged amid tensions between the United States and Iran near the Strait of Hormuz. Rising crude prices raised concerns about inflation and higher business costs, while technology stocks like Oracle Corporation provided limited support.
By TOI GLOBAL DESK
Users of Claude AI reported widespread disruptions on Wednesday, with many facing slow responses, login failures, and repeated error messages while using the chatbot. Complaints increased on Downdetector, crossing 1,400 reports at the peak. Anthropic said it is investigating issues affecting Claude.ai and Claude Code, though the Claude API continued to function normally.
Users of Claude AI reported widespread disruptions on Wednesday, with many facing slow responses, login failures, and repeated error messages while using the chatbot. Complaints increased on Downdetector, crossing 1,400 reports at the peak. Anthropic said it is investigating issues affecting Claude.ai and Claude Code, though the Claude API continued to function normally.
By TOI GLOBAL DESK
Tinder will pay $60.5 million to settle a lawsuit claiming older users were charged higher prices for premium subscriptions. California residents over 29 who purchased Tinder Plus or Tinder Gold after March 2, 2015, may be eligible. The company did not admit wrongdoing. The settlement highlights age-based pricing concerns in digital services and app subscriptions.
Tinder will pay $60.5 million to settle a lawsuit claiming older users were charged higher prices for premium subscriptions. California residents over 29 who purchased Tinder Plus or Tinder Gold after March 2, 2015, may be eligible. The company did not admit wrongdoing. The settlement highlights age-based pricing concerns in digital services and app subscriptions.
By TOI GLOBAL DESK
US stock markets fell sharply as oil prices surged above $100 per barrel, raising fears of stagflation. The Dow Jones, S&P 500, and Nasdaq all closed lower, while financials, airlines, and some tech stocks faced pressure. Investors are now focused on upcoming inflation data, including the Consumer Price Index and Personal Consumption Expenditures, as well as corporate earnings reports.
US stock markets fell sharply as oil prices surged above $100 per barrel, raising fears of stagflation. The Dow Jones, S&P 500, and Nasdaq all closed lower, while financials, airlines, and some tech stocks faced pressure. Investors are now focused on upcoming inflation data, including the Consumer Price Index and Personal Consumption Expenditures, as well as corporate earnings reports.
By TOI GLOBAL DESK
Gold prices fell on March 9 as a stronger US dollar and expectations of higher interest rates reduced demand for the metal. Rising oil prices linked to tensions in the Middle East added inflation concerns. Meanwhile, silver rebounded above $84 after touching a key support level, supported by technical buying and strong industrial demand.
Gold prices fell on March 9 as a stronger US dollar and expectations of higher interest rates reduced demand for the metal. Rising oil prices linked to tensions in the Middle East added inflation concerns. Meanwhile, silver rebounded above $84 after touching a key support level, supported by technical buying and strong industrial demand.
By TOI GLOBAL DESK
The Dow Jones Industrial Average plunged 1,212 points as Iran threatened to close the Strait of Hormuz, sending oil prices soaring above $84 for Brent and $77 for WTI. Tech stocks fell sharply while U.S. energy companies surged. Gold and silver declined due to cash-driven selling. Geopolitical tensions escalated with missile attacks and U.S. evacuations.
The Dow Jones Industrial Average plunged 1,212 points as Iran threatened to close the Strait of Hormuz, sending oil prices soaring above $84 for Brent and $77 for WTI. Tech stocks fell sharply while U.S. energy companies surged. Gold and silver declined due to cash-driven selling. Geopolitical tensions escalated with missile attacks and U.S. evacuations.
By TOI GLOBAL DESK
Gasoline prices in the United States have risen above $3 per gallon, reaching a national average of $3.11. The increase follows rising crude oil prices driven by tensions involving Iran and seasonal production of costlier summer fuel blends. Analysts warn that prices could rise further, affecting transportation costs, goods, and overall inflation.
Gasoline prices in the United States have risen above $3 per gallon, reaching a national average of $3.11. The increase follows rising crude oil prices driven by tensions involving Iran and seasonal production of costlier summer fuel blends. Analysts warn that prices could rise further, affecting transportation costs, goods, and overall inflation.
By TOI GLOBAL DESK
Missile strikes on Tehran by the United States and Israel led to a sudden surge in cryptocurrency withdrawals from Iranian exchanges. Blockchain data showed that about $10.3 million moved out within 72 hours. Nobitex alone saw a 700% spike in outflows. Bitcoin briefly dropped before recovering as global markets reacted to the rising tensions.
Missile strikes on Tehran by the United States and Israel led to a sudden surge in cryptocurrency withdrawals from Iranian exchanges. Blockchain data showed that about $10.3 million moved out within 72 hours. Nobitex alone saw a 700% spike in outflows. Bitcoin briefly dropped before recovering as global markets reacted to the rising tensions.
By TOI GLOBAL DESK
Gas prices in the United States are nearing three dollars per gallon. The rise follows disruptions to global oil supplies tied to tensions between the United States and Iran. The Strait of Hormuz, a critical oil transit route, is facing navigation challenges. Analysts say the development could influence the upcoming elections, with further price increases expected.
Gas prices in the United States are nearing three dollars per gallon. The rise follows disruptions to global oil supplies tied to tensions between the United States and Iran. The Strait of Hormuz, a critical oil transit route, is facing navigation challenges. Analysts say the development could influence the upcoming elections, with further price increases expected.