Gold Drops 1% to $5,016.56 Amid Dollar Rise and Fed Watch

February 10, 2026

Gold Drops 1% to $5,016.56 Amid Dollar Rise and Fed Watch

Gold prices fell 1% to $5,016.56 per ounce as the US dollar gained strength. Investors await key US jobs and inflation data this week for signs on Federal Reserve policies.

Actis Begins Bidding for Shell's Sprng Energy Valued up to $2 Billion

February 10, 2026

Actis Begins Bidding for Shell's Sprng Energy Valued up to $2 Billion

Actis LLP has started due diligence after being shortlisted to buy Shell’s Sprng Energy. Final bids expected by March-end with a value up to $2 billion.

NHB Pushes Housing Finance Firms to Lower Loan Rates Amid Falling Borrowing Costs

February 10, 2026

NHB Pushes Housing Finance Firms to Lower Loan Rates Amid Falling Borrowing Costs

NHB pressures housing finance companies to reduce home loan rates for borrowers as their funding costs drop but benefits are not reaching customers yet. Some lenders have started cutting rates.

Kotak Silver ETF Jumps 9.4% as Silver and Gold ETFs Rally After Sharp Drops

February 10, 2026

Kotak Silver ETF Jumps 9.4% as Silver and Gold ETFs Rally After Sharp Drops

Kotak Silver ETF gained 9.4%, leading a silver ETF rally of 8.2%-8.7%. Gold ETFs also recovered with gains up to 2.85%. This follows a sharp weekly fall amid market swings.

Moody’s Downgrades Pakistan Banking Outlook to Stable Amid Slow Recovery and Risks

February 10, 2026

Moody’s Downgrades Pakistan Banking Outlook to Stable Amid Slow Recovery and Risks

Moody’s Rating agency has changed Pakistan’s banking system outlook from positive to stable. The change is due to slow economic recovery and challenges in asset quality and profitability. Banks hold high government securities, posing risks tied to the country’s fiscal health.