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Gold price prediction amid US-Iran war: What’s the gold rate outlook for March 13, 2026? Resistance seen near Rs 1,60,300 – The Times of India

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Gold price prediction amid US-Iran war: What’s the gold rate outlook for March 13, 2026? Resistance seen near Rs 1,60,300 – The Times of India


Gold is trading near the lower Bollinger band after an extended decline, indicating strong downside momentum. (AI image)

Gold price prediction today: Gold prices are seeing intraday weakness and a sell on rise strategy makes sense, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold April futures on MCX are trading near ₹1,59,860 after witnessing persistent selling pressure through the session. The price structure reflects a clear downward bias with successive lower highs and lower lows forming on the intraday chart. Momentum indicators remain weak, suggesting that any short-term recovery toward resistance levels could attract fresh selling interest.Technical SetupPrice is trading below the short-term EMA cluster, with the 8 EMA trending beneath the 21 EMA. Both averages are sloping downward, confirming the continuation of the bearish intraday trend. The ₹1,60,300 level aligns with the immediate moving average resistance zone.Gold is trading near the lower Bollinger band after an extended decline, indicating strong downside momentum. A pullback toward the mid-band could provide a selling opportunity before the trend resumes.The chart shows a consistent lower-high pattern, confirming supply dominance. Until prices reclaim ₹1,61,000, the broader intraday sentiment remains negative.RSI Indicator:RSI is hovering near 23, entering oversold territory. While this may trigger a minor bounce, it does not invalidate the prevailing bearish trend.MACD remains in negative territory with expanding red histogram bars, reflecting continued bearish momentum.Gold Intraday Trading View

  • Strategy: Sell on Rise
  • Sell Level: ₹1,60,300
  • Stop-Loss: Above ₹1,61,000
  • Target: ₹1,59,000

Bias: Bearish below ₹1,60,300; trend reversal only above ₹1,61,000.Gold’s intraday structure remains weak with strong downward momentum reflected through falling moving averages and a sub-30 RSI reading. Any pullback toward ₹1,60,300 is likely to face selling pressure. Traders may consider selling on rise near ₹1,60,300 with a stop-loss above ₹1,61,000, targeting ₹1,59,000 during the session.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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New Irish investment into UK part of ‘flourishing’ ties, Keir Starmer says

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New Irish investment into UK part of ‘flourishing’ ties, Keir Starmer says



More than £900 million of new Irish investment into the UK is part of the “flourishing” ties between Ireland and Britain, Sir Keir Starmer has said.

The British Prime Minister announced the funding from Irish entities as he emphasised aims to deepen co-operation between Dublin and London.

Sir Keir was greeted in Cork on Thursday by Irish Premier Micheal Martin as he arrived for the second UK-Ireland Summit.

The gathering of British and Irish ministers included a roundtable with business leaders in the energy and infrastructure sectors on Thursday evening.

The £937 million in new investment from companies in Ireland is expected to create around 850 jobs across London, Doncaster, South Wales and Scotland.

Gas Networks Ireland is to invest £170 million; Amach, the AI and cloud-computing company to the aviation sector, is to invest £45 million and create 150 jobs; and Focus Capital Partners is to invest £3 million.

Ayrton Group, which is based in Cork, will invest more than £1 million in its UK arm to boost “AI-empowered services” and double its London team.

As the high cost of fuel and energy is expected to dominate discussions at the Cork summit, energy links between Britain and Ireland will also be emphasised.

An interconnector between Wales and Ireland is expected to provide enough power for 570,000 homes, and represent at least £740 million of private investment.

A separate energy connector between Northern Ireland and Ireland aims to lower electricity costs on the island.

The UK and Irish governments are also expected to discuss joint exercises to test the resilience of subsea fibre optic cables which run between the UK and Ireland, and a “crackdown” on shadow fleets and other threats in the Irish and Celtic seas through a refreshed UK-Ireland Defence Memorandum of Understanding.

Sir Keir said: “As people on both sides of the Irish Sea are feeling the cost-of-living squeeze, we are investing in partnerships that make us better off and more secure.

“The UK’s close friendship with Ireland is going from strength to strength and I am pleased that we are going further in working together on growth, energy, security and more.

“This new Irish investment coming into the UK is one part of a much bigger picture of our flourishing cultural, commercial and security ties.

“The action this Government has taken to reset relationships and deepen partnerships with our closest allies is paying off.

“It will help us withstand global challenges and protect money in the pockets of families up and down the country.”

Robert Adams, president of Focus Capital Partners, said the UK was “a highly attractive market for investment”.

He added: “Expanding our presence in London allows us to work more closely with ambitious UK companies and to support Irish and international businesses and investors seeking opportunities in the UK market.”

Ayrton managing director Kieran Linehan said its strategy for several years had been to expand beyond Ireland.

“Thus, the UK market has always been our most strategic fit, for many reasons,” he said.

“These include the UK being a significantly larger market than Ireland, it is a very diverse and established market, with whom we have an extremely strong relationship, culturally.

“Doing business in the UK for Irish companies is much easier than other markets, due to the historical relationships, geographical location, our common language and cultural synergies.

“Additionally, investing in the UK market is an opportunity to enhance the services we provide, including engineering and associated services, to our clients and we have always wanted to bring our Irish market expertise to compete in such a larger market that is the UK.

“With our ‘Group’ structure, we feel we can cost-effectively serve the UK market and our UK clients, thus investment in the UK is a good return on our investment in that market.”

O’Flynn Group chairman and chief executive Michael O’Flynn said it would deliver student accommodation valued at £35 million in Manchester.

He added: “The UK remains one of the most important and dynamic student accommodation markets globally, and our new Manchester development reflects our continued confidence in UK university cities and our long-term commitment to delivering high-quality, professionally managed accommodation that supports students, universities, and local communities.

“We have built a strong operational platform in the UK over nearly three decades, and we continue to see attractive opportunities to invest further in partnership with institutional capital.”



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WNBA players say they’re ‘feeling movement’ as league, union push toward landmark CBA

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WNBA players say they’re ‘feeling movement’ as league, union push toward landmark CBA


A general view of the WNBA logo on the court before a WNBA game between the Atlanta Dream and the Connecticut Sun at Mohegan Sun Arena in Uncasville, Connecticut, Sept. 1, 2025.

Erica Denhoff | Icon Sportswire | Getty Images

The Women’s National Basketball Association and its Players Association are inching closer to a collective bargaining agreement, now two days past their self-imposed deadline.

The parties have been meeting around the clock at a midtown hotel in New York, with negotiations stretching into the late morning hours to hammer out a deal, according to a person familiar with the process, who asked not to be named because they were not authorized to speak publicly. There have been nine proposals exchanged between the two sides in recent days addressing nearly every issue up for discussion, the person said.

The negotiations come as women’s sports have seen major financial growth from bigger media deals and strong demand.

The WNBA previously said the new CBA would need to be in place by March 10 in order to start their season on time. Negotiations continued Thursday. It’s unclear what the delay will mean for the scheduled season start.

WNBPA President Nneka Ogwumike told reporters late Wednesday that players are “feeling movement” in the talks. The Players Association said it has been and will continue to be fully engaged in the negotiations.

“We want to play. We’ve heard that from the other side as well,” Ogwumike told reporters.

The latest league proposal included increases in nearly every category, according to a copy of the details obtained by CNBC.

According to the proposal, the league is offering a salary cap four times higher than the current cap — at $6.2 million, up from the existing cap of $1.5 million. That cap would grow annually with team and league revenue growth, per the proposal.

Average salaries would also see a major increase, starting at $570,000 in year one and growing to $850,000 in year six. The current average player salary in the league is about $120,000, according to a second person familiar with the current CBA, who asked not to be named because they were not authorized to speak on the matter publicly.

The proposal includes maximum salaries exceeding $1.3 million and growing to nearly $2 million. The current maximum contract under the existing CBA is just under $250,000, the second person added.

The sides are still at odds over revenue sharing, however, according to the first person familiar with the matter.

The latest proposal from the league includes a new uncapped revenue-sharing system that is tied to both league and team revenues, according to the version obtained by CNBC. It no longer includes minimum thresholds for sharing to be triggered.

The league is also offering new minimum standards for facility upgrades, such as locker rooms, weight rooms and treatment areas, as well as charter flight and first-class travel amenities for all league events and increased performance bonuses.

The WNBA season is set to kick off Friday, May 8, and the draft is scheduled for April 13.

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