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Gold Prices Hold High in India, Fed and U.S.-Iran Deal Keep Bullion Unsettled

New Delhi, June 17, 2026, 16:38 IST Gold prices in India held steady at high levels on Wednesday. Bullion’s two-day rebound pushed retail rates to some of the highest in recent sessions, and traders were looking to the Federal Reserve for what comes next. Oil is down and some inflation fears have faded after the U.S.-Iran peace deal, but precious metals have stayed volatile. Timing is still in play. Gold tends to move up when markets see rates dropping since gold doesn’t pay interest—bonds and deposits do. (Reuters) Spot gold was steady at $4,323.50 an ounce at 0852 GMT. Prices

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UCO Bank climbs after SAMCO analyst stays bullish on sub-₹50 stocks; Ola Electric risk lingers

Mumbai, June 17, 2026, 15:34 IST UCO Bank shares jumped more than 7% in late trade Wednesday. The move put UCO Bank at the front of a group of lower-priced Indian stocks after a technical analyst backed the state-run lender along with Central Bank of India and Ola Electric Mobility. Business Standard’s quote page pegged UCO Bank at ₹28.31 on the BSE at 3:15 p.m., up 7.48%. Data from Moneycontrol showed the stock hit ₹30.04 earlier in the day. (Business Standard) Indian stocks finished higher for the fourth day in a row. The Nifty topped 24,050, and the Sensex ended

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Vedanta Aluminium shares drop after listing, raising questions about Vedanta demerger value

Mumbai, June 17, 2026, 14:40 IST Vedanta Aluminium Metal Ltd touched its lower circuit for the third session in a row Wednesday, as the stock again hit the exchange-imposed daily limit before trimming some of its losses. That marks a shaky opening for the largest of Vedanta’s recent spin-offs to hit the market. The stock opened at ₹447.56, climbed to ₹488.75, then changed hands at ₹465.60, off 1.17% as of 14:37 IST, according to Upstox. Shares hit the NSE on Monday at ₹522 before ending that day at ₹495.90. Wednesday’s low put the stock nearly 14% below its listing price.

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