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ByteDance, the parent company of TikTok, has agreed to sell its gaming studio Moonton to Saudi Arabia’s Savvy Games Group for over $6 billion. The deal highlights ByteDance’s strategic pivot away from gaming toward artificial intelligence, while Saudi Arabia continues expanding its global gaming footprint.
Gold prices have sharply declined despite rising geopolitical tensions from the US–Iran war, surprising investors. A strong US dollar, rising crude oil prices, and inflation fears are outweighing gold’s traditional safe-haven appeal. Experts warn that gold prices in India could fall further to ₹1.27 lakh per 10 grams as global macroeconomic pressures intensify.
The US Federal Reserve has kept interest rates unchanged in its March 2026 policy meeting, highlighting ongoing inflation concerns and global uncertainties. Chair Jerome Powell emphasized a cautious, data-driven approach, with limited chances of aggressive rate cuts in the near term.