International News
Clothing and jewellery top list of gifts US shoppers have purchased in Christmas season
Every year, the Saturday just before Christmas turns into a shopping frenzy called Super Saturday. This year, it falls five days before December 25, and experts predict it will be bigger than ever. According to the National Retail Federation (NRF), about 158.9 million Americans plan to shop on this day. That’s 1.7 million more shoppers than in 2024 and even beats the old record of 158.5 million from 2022. The NRF learned this from a survey they did with Prosper Insights & Analytics, asking thousands of people about their holiday plans.
What are people buying? Clothing, accessories, and jewelry top the list—48% of shoppers picked these so far. Toys came next at 30%, and gift cards at 27%. The fun doesn’t stop on Christmas Day either. About 70% of people said they’ll keep shopping the week after to snag sales, use gift cards, or handle returns. The NRF surveyed 8,005 adults from December 1 to 10 to get these insights. They also predict total holiday sales from November to December will jump 3.7% to 4.2% this year, topping $1 trillion.
Super Saturday is special for shoppers and stores because it’s the perfect time to grab last-minute gifts. Katherine Cullen, who studies shopping trends for the NRF, says it’s prime time for holiday buys. In the survey, 45% of people planning to shop said they’ll do it both online and in stores. Another 29% will only go to physical shops, while 26% stick to online shopping. By early December, most people had finished about half their holiday shopping. Those still shopping said they were deciding on gifts, busy with money matters, or waiting for ideas from family and friends. Overall, shoppers plan to finish up online (46%), at department stores (33%), or discount stores (26%).
International News
Significant Upside Trajectory In The Metals Sector
Precious Metals Surge on Geopolitical Optimism as Gold and Silver Rally, While Crude Oil Faces Downward Pressure Amid Ongoing US–Iran Developments
Gold rates and silver rates in India will be driven by global trends, as the Indian market is closed. Trading in commodities, including gold and silver, will be closed for half a day on April 14 at MCX.
We are seeing a significant upside trajectory in the metals sector, driven by recent geopolitical synergies:
- Gold Asset Class: Spot prices have achieved a value-add recovery, scaling past the $4,760/oz threshold.
- Silver Asset Class: Currently experiencing a high-growth phase, surging approximately 2% to reach a target density near $77/oz.
- Market Bandwidth: While the MCX interface is currently undergoing a scheduled half-day service window on April 14,
- Energy Sector Headwinds
Conversely, the energy vertical is facing downward scalability issues:
- Crude Oil Index: Both US WTI and Brent Crude are failing to gain leverage, currently underperforming by 2% and hovering around the $98/bbl mark.
Geopolitical Synergy & Risk Mitigation
The recent bullish momentum in precious metals is a direct byproduct of strategic bilateral engagement between the US and Iran. Key stakeholders are currently deep-diving into negotiations to extend the current truce framework.
- US Perspective: President Trump has acknowledged a proactive outreach from Tehran following the implementation of a naval blockade.
- Iranian Alignment: President Pezeshkian has signaled readiness to move the needle on peace discussions, provided all deliverables remain within the compliance framework of international regulations.
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