Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Silver ETFs crash 21% as MCX silver drops 10% in India, gold whipsaws on dollar and Fed nerves

Silver ETFs crash 21% as MCX silver drops 10% in India, gold whipsaws on dollar and Fed nerves

Silver futures on India’s Multi Commodity Exchange plummeted 10% Thursday, with the March contract sliding Rs 26,850 to Rs 2,42,000 per kg. Gold April contracts dipped 1.51%, ending at Rs 1,50,736 per 10 grams. The Axis Silver ETF hit a low of Rs 216.86. MCX Clearing Corporation announced margin hikes starting Thursday: 4.5% for silver and 1% for gold, with further increases expected Friday.
5 February 2026
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Stock Market Today

  • Nvidia Falls 5%, Loses $250 Billion in Value as OpenAI Funding Discussions Intensify
    July 28, 2026, 4:56 AM EDT. Nvidia (NASDAQ:NVDA) dropped 5% in premarket trade on July 28, 2026, wiping out roughly $250 billion in market capitalization-an amount equal to the reported financial support negotiated for OpenAI. Shares finished at $196.51, shedding 4.99%, undoing earlier gains from the week. The $250 billion backstop, associated with OpenAI and an Ohio data center initiative, is equal to 71 times Nvidia's last reported liabilities, spotlighting the company's rising exposure in large-scale AI financing deals.