World

Gold edges higher as risk sentiment deteriorates on mixed US jobs data, geopolitical tension, Fed comments

Dec 18, 2025

New York [US], December 18: The XAU/USD pair continues to advance amid a weakening market mood, trading near weekly highs around $4,340. Gains in the precious metal remain cautious, as investors await key economic events in Europe and the United States.
It climbed on Wednesday, gaining 0.87% after a mixed US employment report, escalating tensions between the United States and Venezuela, and remarks by Federal Reserve Governor Christopher Waller.
At the time of writing, gold is trading at $4,337, retreating from an intraday high of $4,349.
Source: Emirates News Agency

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Enord Secures Landmark Multi-Crore Indian Army Order for Indigenous VR Drone Training Simulators

New Delhi [India], December 22: Enord Pvt. Ltd., a pioneering AI-on-Edge drone technology startup, has secured a landmark multi-crore contract from the School of Artillery, Deolali, Nashik, Indian Army, for the supply of Made-in-India Standalone VR Drone Training Simulators. The order has been placed under the Emergency Powers Revenue (EP) 2025 mandate, marking a significant milestone in India's drive toward Aatmanirbhar Bharat in defence technology.

Dec 22, 2025