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Bank of America has boosted its price targets for gold and silver. Gold is now projected to reach $5,000 per ounce by 2026. Silver's target is set at $65 per ounce. These forecasts are supported by fiscal deficits and a push for lower interest rates. Silver has already seen significant gains this year, crossing the $50 mark.
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Eyewear retailer Lenskart and financial services firm Billionbrains are poised to raise a combined $1.7 billion through IPOs this month, bolstering India's booming stock market. Lenskart targets $900 million, while Groww's parent Billionbrains aims for $750 million, with listings expected by early November.
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Average mortgage rates have increased month-on-month for the first time since February, says Moneyfacts.
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News and Media
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