Business

Gold prices decline on eve of Federal Reserve's decision to raise interest rates

Sep 17, 2026

New York [US], September 17: Gold prices continued to decline on the eve of the Federal Reserve's decision to raise interest rates by a quarter of a percentage point.
The yellow metal fell 1% in spot trading to reach $4,249 per ounce.
Several central banks raised their key interest rates today following the US central bank's decision, including the central banks of Saudi Arabia, Oman, Qatar, and Bahrain, while the Central Bank of Kuwait kept its interest rates unchanged.
Source: Emirates News Agency

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L-R: Dr. Narayanam Srikanth, Dy DG, CCRAS; Dr. Ajay Kumar Meena, Asst. Director, CCRAS; Prof. Vaidya Rabinarayn Acharya, DG, CCRAS; Ameve Sharma, Founder, Kapiva; Dr. R. Govindarajan, CIO, Kapiva

Kapiva Partners with Central Council for Research in Ayurvedic Sciences (CCRAS) to Commercialise Clinically Evaluated Ayurvedic Formulations

New Delhi [India], September 17: Kapiva, one of India’s most trusted science-backed Ayurvedic brands, has entered into a strategic technology transfer and commercialisation alliance with the Central Council of Research in Ayurvedic Sciences (CCRAS), an apex research body under the Ministry of AYUSH, Government of India, to bring clinically evaluated Ayurvedic technologies and formulations to a wider consumer base.

Sep 17, 2026