uk inflation

Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Millions of children aged five to 15 in England will receive free local bus travel throughout August as part of a government initiative to ease the cost of living. This "Great British Summer Savings" package aims to help families with rising expenses during the school holidays, potentially saving households significant amounts.

As rising costs, visa uncertainty, and unstable job markets reshape global education, Indian students are beginning to view studying abroad less as a dream and more as a financial gamble. Behind university brochures and migration promises lies a generation burdened by debt, anxiety, and the fear that overseas education may no longer guarantee stability, mobility, or a better future.

Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

A young couple's struggle to buy a home in Bangalore, despite dual incomes, contrasts sharply with their swift purchase of a three-bedroom house in the UK on a single salary. The viral X post highlights India's 'broken' real estate market, marked by exorbitant prices and a lack of transparency, while the UK offered affordability and a smooth, honest buying process.

The Sensex tumbled over 1,000 points to slip below the 74,300 mark, while the Nifty 50 dropped more than 300 points to trade under 23,350. The steep decline erased nearly Rs 7 lakh crore from the total market capitalisation of BSE-listed companies, reducing it to around Rs 454 lakh crore.

Gold and silver prices are expected to trade within a narrow band this week, with investors closely watching US-Iran peace talks and key global economic data. Analysts noted that while gold's momentum appears steady, silver shows positive movement. Geopolitical tensions and central bank buying are also influencing precious metal markets.

As the clock ticks toward November, UK families are bracing for an alarming 50% hike in food prices, a stark reminder of the ongoing cost-of-living crisis. Factors such as climate change, disrupted supply chains, and erratic energy prices are driving this inflationary tide, hitting essentials like pasta and olive oil hard.

RBI is not alone in repatriating its gold reserves. Several central banks like France’s Banque de France, Germany’s Deutsche Bundesbank, Serbia’s National Bank have done the same - buy why?

Claire's has abruptly closed all 154 of its UK and Ireland standalone stores, resulting in over 1,300 job losses. The teen jewellery giant's decades-long high street presence collapsed due to a combination of online shopping shifts, rising costs, and financial struggles.

Gold price prediction today: Gold prices are likely to take cues from the US Federal Reserve stance on rate cuts in the near future, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.