​Gold ETFs, or exchange-traded funds, are vehicles that allow investors to take exposure to gold prices without the need to buy or store physical gold. They are traded on stock exchanges like regular stocks and their value reflects the performance of gold and investors can buy them during trading hours.

Trump’s comments on the Fed chief late Tuesday in Washington walk back opinions expressed earlier in the week that sparked concerns about the US central bank’s independence. Progress in various trade talks also helped improve market sentiment after investors had broadly retreated from US assets this month following the announcement of century-high levies.

State-owned Power Finance Corporation said it is actively pursuing further action and "exploring all possible options" on pending dues of Rs 307 crore from Gensol Engineering.

Gold prices saw a decline. This happened after US President Donald Trump softened his stance on the Federal Reserve chair. Treasury Secretary Scott Bessent hinted at easing trade tensions. This reduced gold s appeal as a safe investment. Silver saw a slight increase. Platinum and palladium experienced losses.

Oil prices saw a rise on Wednesday. This happened because of new Iran sanctions. Also, US crude stocks dropped. Donald Trump s comments on the Federal Reserve also helped. Brent crude futures increased. US West Texas Intermediate crude also went up. The US imposed sanctions on an Iranian network. This network ships Iranian oil. US crude oil inventories decreased last week.

Ather Energy s IPO, priced at Rs 304-321 per share, opens April 28, aiming to raise funds for expansion and R&D. The IPO includes a fresh equity issue and an offer for sale by promoters.

President Trump has softened his stance on firing Federal Reserve Chair Jerome Powell, reassuring markets after previous threats rattled investors. While stating he has no intention of firing Powell, Trump still wants the Fed to cut interest rates. This development, along with optimism about a potential trade deal with China that could lower tariffs, boosted investor confidence.

Neel Kashkari, President of the Federal Reserve Bank of Minnesota, stated that it s premature to determine how tariffs will impact interest rates, inflation, and the economy. He acknowledged the uncertainty surrounding trade policy is causing anxiety and hindering economic growth. Kashkari defended the Fed s independence, emphasizing that policy decisions are driven by economic data, not politics.

Tankup Engineers Rs 20 crore SME IPO is set to open on April 23, offering about 13.95 lakh fresh equity shares. With a price band of Rs 133-140 per share, the IPO aims to raise funds for debt repayment, working capital, and general corporate needs. The company manufactures specialized vehicle superstructures for various industries, reporting Rs 12.