Gold price rises ₹10 to ₹1,48,590; silver up ₹100, trading at ₹2,60,100

Gold price rises ₹10 to ₹1,48,590; silver up ₹100, trading at ₹2,60,100



Gold Price Today: The price of 24-carat gold rose ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,48,590, according to the GoodReturns website. However, the price of silver also climbed by ₹100, with one kilogram of the precious metal selling at ₹2,60,100. 

 


The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,36,210. 

 


The price of ten grams of 24-carat gold stood at ₹1,48,590 in Mumbai, Kolkata, Hyderabad and ₹1,50,560 in Chennai.

 


In Delhi, the price of ten grams of 24-carat gold stood at ₹1,45,830.

 


  


In Mumbai, the price of ten grams of 22-carat gold was ₹1,36,210, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,38,010 in Chennai.


                   

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,36,360.  

 


The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,60,100. 

 


The price of one kilogram of silver in Chennai stood at ₹2,65,100. 

 


US gold prices rose 2 per cent on Thursday, with US President Donald Trump calling off planned military strikes on Iran easing fears of oil-driven inflation and elevated interest rates.

 


Spot gold jumped 2 per cent to $4,153.71 per ounce at 2:00 p.m. ET (1800 GMT), after hitting its lowest point since late November earlier in the session.

 


US gold futures for August delivery settled 0.5 per cent lower at $4,114. Spot gold has been under pressure since the outbreak of the US-Israeli war against Iran in late February, as rising oil prices fuel expectations of prolonged high interest rates. While gold is viewed as a hedge against inflation, higher interest rates tend to weigh on the metal.

 


Spot silver rose 3.3 per cent to $65.78 per ounce, platinum gained 2.6 per cent to $1,708.38 and palladium climbed 4.4 per cent to $1,267.50.

 


(with inputs from Reuters) 

 



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OpenAI under investigation by coalition of US state attorneys general

OpenAI under investigation by coalition of US state attorneys general



By Shirin Ghaffary and Erik Larson

 


OpenAI is under investigation by a coalition of state attorneys general who requested information from the artificial intelligence company on a wide range of topics. 


A spokesperson for the company said it was cooperating with the probe.

 


“AI is a new and powerful technology, and we work every day to safely bring its benefits to people in a responsible way,” the spokesperson said Friday. “We take the concerns raised by state attorneys general seriously and intend to engage constructively with their offices.”

 


OpenAI’s introduction of ChatGPT in late 2022 set off the explosion of interest in artificial intelligence and its greater use throughout the economy. The company is among the most-valuable global startups, with a valuation of $852 billion in a fundraising round in March. OpenAI said earlier this week it filed confidentially for an initial public offering.

 
 


Earlier this month, the state of Florida sued OpenAI and Chief Executive Officer Sam Altman, accusing the company of ignoring safety warnings and releasing its ChatGPT chatbot while knowing it was harmful to users.

 


OpenAI also has been sued by individuals claiming a range of harms from the company’s chatbot on children and adults alike, including accusations it has led to deaths by suicide.

 


“Today’s ChatGPT includes a more protective experience for minors and people experiencing difficult situations, with safeguards that direct them to real-world resources and trusted human contacts,” the spokesperson said.

 


The company spokesperson declined to provide details on the information requested of the company or the states involved in the probe. 

 


The Wall Street Journal reported the investigation earlier.



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Anthropic halts foreign access to advanced AI models on US govt's directive

Anthropic halts foreign access to advanced AI models on US govt's directive


Anthropic added that it believed there was a “misunderstanding” and that it is working to restore access to the models as soon as possible (Photo: Reuters)


Anthropic said on Friday it has been ordered by the U.S. government to suspend access for all foreign nationals to its Fable 5 and Mythos 5 artificial intelligence models, citing national security concerns.

 


The company said it received the export control directive on Friday from the government, which gave no specific details of its national security concern.

 


It is Anthropic’s understanding, however, that the government believes it has become aware of a method of bypassing, or “jailbreaking,” Fable 5, according to the company’s statement.

 


“The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Anthropic models will not be affected,” Anthropic said.

 
 


Anthropic added that it believed there was a “misunderstanding” and that it is working to restore access to the models as soon as possible.

 


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

 

First Published: Jun 13 2026 | 7:25 AM IST



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Congress-NCP (SP) merger buzz intensifies

Congress-NCP (SP) merger buzz intensifies


MUMBAI: Amid speculation over a merger between the Congress and Trinamool Congress (TMC), talk of a merger between the Sharad Pawar-led NCP (SP) and the Congress has gained traction.

Congress-NCP (SP) merger buzz intensifies

Congress insiders claimed the party had received feelers from the NCP (SP) leadership but no formal discussions had taken place. While NCP (SP) national working president Supriya Sule and state unit chief Shashikant Shinde dismissed reports of any such proposal, former Maharashtra Congress president Nana Patole suggested that efforts were underway to prevent a division of secular votes.

Chief minister Devendra Fadnavis, however, described the Congress as a “sinking ship”, saying seasoned regional leaders would have little incentive to associate with it. A merger of any regional party with the Congress would, in fact, create greater political space for the BJP, he said.

Talk of a merger come amid reports that five to six NCP (SP) MPs are warming up to the BJP, raising concerns about possible defections. On Thursday, three NCP (SP) MLAs — Uttam Jankar, Abhijeet Patil and Narayan Patil — attended a meeting chaired by Solapur guardian minister Jaykumar Gore and BJP state president Ravindra Chavan, in connection with the upcoming legislative council elections.

Jankar even declared support to the ruling Mahayuti alliance’s candidate, claiming he had been “betrayed” over the selection of a legislative council candidate.

Patole said today, “A proposal for the merger had been made by Pawar saheb but a decision was delayed. Now, considering what is happening in the country’s politics and the gradual deterioration of the constitutional system, a process has begun to bring all secular parties together.”

However, state NCP (SP) chief Shashikant Shinde said, “I am surprised to hear this. The speculation is completely baseless. Neither our party nor the Congress has made any such proposal.”

Sule responded with ambiguity, when asked how she would react if the Congress extended an offer. “If it rains, I haven’t decided yet whether I would rather use an umbrella or wear a raincoat,” she said.

Maharashtra Congress president Harshwardhan Sapkal downplayed the speculation. “It would be better for the party leadership to comment on the issue. As Maharashtra president, I will state my position if I am asked to do so. It would be inappropriate to comment on a matter that is not under discussion at present,” he said.

“NCP (SP) leadership has sent feelers to the party but it has not reached the discussion level. We also need to see the conditions that will accompany the proposal. In my view, the party leadership will respond positively,” said a Congress insider. Another Congress insider said the NCP (SP) first floated the idea of a merger shortly after the party split in 2023. “The political situation has changed considerably since then, and the Congress would welcome such a development as it would strengthen the opposition space,” the leader said.

Meanwhile, Fadnavis said, “I believe the leaders of these regional parties are wise enough not to board a sinking ship. One should not be hypothetical in politics, but if these smaller parties were to merge with the Congress, it would benefit the BJP as such a merger would create additional consolidated political space for us.”



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Scientists trace origin of euphrates river in major geological discovery

Scientists trace origin of euphrates river in major geological discovery


Scientists have uncovered new details about the origin of the Euphrates River, one of the world’s most historically significant waterways. (A file photo)
| Photo Credit:
NOUR FOURAT

Uruk, the world’s first metropolis and the birthplace of written language, was nourished by the Euphrates River, as was Babylon, ancient Mesopotamia’s grandest city. The fertile plain between the Euphrates and its companion waterway, the Tigris River, was one of humankind’s cradles of civilization.

Researchers now have deciphered how the Euphrates first formed, looking much further back in time than the era of these great urban centers that arose mere millennia ago. Guided by seismic images of buried sediments and other data, they said the Euphrates appears to have been born between 3.6 million and 1.6 million years ago as two earlier river systems merged due to tectonic activity in the Taurus Mountains in the southern part of modern-day Turkey.

A river spanning modern nations

The Euphrates, the longest river in southwest Asia, extends about 1,700 miles (2,800 km), originating in Turkey and flowing through Syria and Iraq before emptying into the Gulf. Present-day cities on the banks of the Euphrates include Birecik in Turkey, Raqqa in Syria, and Ramadi, Fallujah, and Nasiriyah in Iraq. Ancient cities on the Euphrates also included Ur and Mari.

While the Euphrates has long shaped the region’s geology, the timing of its origin and the evolution of its present course had remained enigmatic. The researchers said decoding the river’s backstory was important for understanding the milestones in human culture in agriculture, writing, urban development, and other areas that occurred on its floodplains.

Seismic imaging reveals buried river systems

Geologists using subsurface seismic data while trying to identify possible gas reserves under the Mediterranean spotted buried channel-like features dating to a time more than 5 million years ago when large parts of the sea had dried up, an event called the Messinian salinity crisis.

They determined that two separate rivers—predecessors to the modern-day Karasu and Murat rivers in Turkey—flowed across a region spanning Turkey and Syria and emptied into the Mediterranean basin. The scientists believe tectonic activity in this earthquake-prone region caused the Murat predecessor to divert toward the Gulf, with the Karasu predecessor later joining it. This, they said, formed a powerful single river system that became the Euphrates.

Seismic technology uncovers hidden landscapes

A key tool used by the scientists was seismic imaging, a technique that creates detailed two- and three-dimensional maps of Earth’s subsurface by recording how sound waves travel through and bounce off underground rock layers. It was through seismic imaging that they detected the features that were ancient river channels hidden beneath the seabed.

“This technology is the equivalent of using ultrasound to image fine details of a developing baby or an arthritic knee, but in this case we use it to image buried gravels, sands, mud, limestone and salt that have been compacted and turned into rock,” said University of Western Australia geoscientist Simon Lang, who helped with the study published in the journal Nature Geoscience, along with geologist Andrew Madof of Chevron.

Ancient river strength and reconstruction of origins

The scientists, through modeling of the underground features, determined that these two ancient rivers had flow rates exceeding the modern-day Nile and Tigris-Euphrates. Working backward, the scientists traced the two ancient rivers to onshore Turkey. By examining geological data from sediments in valleys and coal deposits now uplifted into the Taurus Mountains, they determined that the present-day Karasu and Murat rivers were likely the original sources of those buried channels.

“But somehow they had got cut off from their western lower valley reaches, and had joined together to form what is now the modern-day Euphrates River. That ‘somehow’ was, of course, tectonic activity across eastern Anatolia,” Lang said.

“Today, the waters along the Euphrates and the Tigris join near Basra to form a huge delta at the head of the Persian Gulf. They have filled in a large area of Mesopotamian plain upon which early agriculture developed, including early city-states and the development of cuneiform writing so vital to early human development,” Lang said.

Rivers as dynamic geological systems

The flow of even the mightiest rivers can be changed by dramatic geological events. “The biggest river on the planet—the Amazon—used to flow west towards modern-day Colombia and Peru towards its paleo-Pacific deltaic coast before the rise of the Andes. As the Andes grew with huge uplifts, all the former distributaries reversed direction over millions of years, and now the Amazon flows into the Atlantic,” Lang said.

Published on June 13, 2026



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