Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
The State Bank of India (SBI) has blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI).
Consequently, SBI bank customers cannot transfer funds via UPI to crypto exchanges to buy cryptocurrencies, including bitcoin.
Several banks in India have been clamping down on fund transfers to crypto exchanges.
However, the National Payments Corporation of India (NPCI) said it would not block payments to crypto companies using UPI.
Instead, it advised banks to make their own decisions whether to allow transactions involving cryptocurrencies based on their risk assessment.
SBI's decision could make many other banks reluctant to onboard crypto merchants on their respective UPI platforms.
Nischal Shetty, CEO of Wazirx, one of the largest Indian cryptocurrency exchanges, said they’re trying to discuss and put forward their points to SBI as millions of Indians are currently affected.
