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NSE:AXISSIL 5 February 2026

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 MCX fell 10% Thursday, with March contracts down Rs 26,850 to Rs 2,42,000 per kg. MCX Clearing Corporation raised margins to 4.5% for silver and 1% for gold, with more hikes expected Friday. Silver ETFs in India dropped up to 21%, while global spot silver plunged 9.3% to $79.88 an ounce. Gold futures and ETFs also declined amid a stronger dollar and weak industrial demand.
5 February 2026
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Stock Market Today

  • S&P 500 Futures Gain as Investors Await Federal Reserve Decision
    April 29, 2026, 7:37 AM EDT. US stock futures edged higher with the E-mini S&P 500 and Nasdaq 100 up ahead of the Federal Reserve's April meeting, where rates are expected to hold steady. The 10-year Treasury yield hovered near 4.35%, and falling oil inventories pressured energy costs. Key sectors like housing, banks, and growth stocks face challenges amid sustained higher borrowing costs. Centene surged nearly 14% following an analyst upgrade, while Revolution Medicines and AvalonBay Communities also climbed. Major earnings from tech giants Alphabet, Microsoft, and Meta, as well as healthcare and financials, are due in the coming sessions, setting the tone for growth and spending trends. Investors are advised to monitor resilient stocks with low risk amid market volatility.

Latest article

SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

29 April 2026
SoFi Technologies reported first-quarter adjusted net revenue up 41% to $1.087 billion, beating estimates, with net income more than doubling to $166.7 million. Lending originations jumped 68% to $12.18 billion, while deposits rose to $40.2 billion. Technology Platform revenue dropped 27% after a major client exit. SoFi began minting SoFiUSD, a dollar-backed stablecoin, and expanded digital asset efforts.
South Africa Stock Market Today: JSE Slips as Rand Wobbles Before Fed Decision

South Africa Stock Market Today: JSE Slips as Rand Wobbles Before Fed Decision

29 April 2026
The JSE All Share fell 0.28% and the Top 40 dropped 0.36% by late morning Wednesday as investors reduced risk ahead of the U.S. Federal Reserve decision. The rand weakened to 16.5550 per dollar, pressured by high oil prices and global uncertainty. Richemont, Gold Fields, and AngloGold Ashanti declined, while banks gained modestly. Canal+ confirmed plans to list in Johannesburg on June 3.
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