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Tom Hanks Opposes New Oscar Category for Voice Acting Performances

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Taylor Swift

LOS ANGELES — Tom Hanks has voiced opposition to creating a dedicated Oscar category for voice actors, arguing instead that exceptional vocal performances should compete directly in the best actor and best actress categories.

The two-time Academy Award winner made the comments while promoting Disney and Pixar’s “Toy Story 5,” in which he reprises his iconic role as Woody. Speaking with Gold Derby, Hanks emphasized that the existing acting categories already provide sufficient recognition for performances that move audiences, regardless of whether they appear on camera.

“I think they have enough categories,” Hanks said about the Oscars. “The truth is, truly, a voice actor can win Best Actor. The judgment is ‘any performance that moved you.’”

He cited examples of actors who have come close to recognition without traditional on-screen appearances, including Andy Serkis, whose motion-capture work as Gollum in “The Lord of the Rings” films generated significant awards discussion. Hanks noted that pure vocal performances should be eligible under the same criteria applied to all acting work.

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“If they are moved, that means they are moved by a human being’s performance. That’s all the requirement,” Hanks added.

Historical Context and Precedents

The Academy of Motion Picture Arts and Sciences has never nominated a voice-only performance in the lead or supporting acting categories. Scarlett Johansson generated considerable Oscar buzz for her voice role in Spike Jonze’s 2013 film “Her,” which ultimately won best original screenplay, but she was not nominated for acting. Similarly, motion-capture performances have struggled for recognition despite critical acclaim.

Zoe Saldaña, who portrays Neytiri through performance-capture technology in James Cameron’s “Avatar” franchise, has spoken about the oversight. In 2024, she told The Independent that longstanding traditions within the Academy make change difficult. “Old habits die hard, and when you have old establishments, it’s really hard to bring forward change,” Saldaña said. “And I understand that, so I’m not bitter about it, but it is quite deflating when you give 120% of yourself into something.”

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Cameron has been equally vocal in support of Saldaña’s work, telling Variety in 2024 that her contributions equal those of traditional Academy Award-winning actors. “I’ve worked with Academy Award-winning actors, and there’s nothing that Zoe’s doing that’s of a caliber less than that,” Cameron said. “But because in my film she’s playing a ‘CG character,’ it kind of doesn’t count in some way, which makes no sense to me whatsoever.”

Hanks, who won best actor for “Philadelphia” in 1993 and “Forrest Gump” in 1994, brings particular credibility to the discussion. He received an Annie Award nomination for his voice work as Woody in the original “Toy Story” in 1995 but has never been recognized by the Oscars for the role despite the character’s cultural impact.

Broader Debate on Acting Recognition

The conversation reflects ongoing discussions within the film industry about how to honor evolving performance techniques. Motion capture and voice acting have become increasingly sophisticated, blurring traditional lines between live-action and animated work. Proponents of new categories argue they would provide appropriate recognition for specialized skills, while opponents like Hanks contend that strong performances should compete on merit regardless of delivery method.

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The Academy has expanded categories over time to reflect industry changes, including best animated feature and various technical honors. However, the core acting categories have remained largely consistent, focusing on performances that audiences experience as human characters, whether captured traditionally or through advanced technology.

Critics of the current system point to cases where groundbreaking work in voice or performance capture has been overlooked, potentially discouraging innovation in storytelling methods. Supporters of maintaining the status quo emphasize the importance of preserving the integrity of acting awards as celebrations of human emotion and craft.

Implications for “Toy Story 5” and Animation

Hanks’ comments come as “Toy Story 5” prepares for its theatrical release on June 19. The film continues the beloved franchise that helped establish Pixar’s reputation for emotional storytelling through computer animation. Hanks has voiced Woody across all installments, contributing significantly to the character’s enduring appeal.

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The franchise’s success demonstrates the power of voice performances to connect with audiences across generations. While unlikely to compete in traditional acting categories, the films have earned multiple Oscar nominations and wins in animated feature and technical categories.

Industry observers note that voice actors in major animated releases often deliver performances comparable in depth and nuance to live-action roles. The emotional range required to convey complex characters through voice alone represents a distinct but equally demanding skill set.

Academy’s Position and Future Considerations

The Academy has not publicly responded to recent calls for new acting categories. Its awards structure undergoes periodic review, with changes typically driven by member consensus and industry evolution. Any proposal for a voice acting or motion-capture category would require broad support and careful definition of eligibility criteria.

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Past expansions, such as the introduction of best animated feature in 2001, show the organization’s willingness to adapt. However, core acting categories have proven more resistant to subdivision, maintaining focus on overall performance impact rather than technical delivery methods.

Industry Reactions and Perspectives

Voices across Hollywood have weighed in on the debate. Some actors and directors support greater recognition for non-traditional performances, arguing it would encourage creative risk-taking and technical excellence. Others worry that additional categories could dilute the prestige of existing honors or create unnecessary fragmentation.

Hanks’ stance carries particular weight given his stature and personal experience with voice work. His belief that strong vocal performances should compete directly challenges assumptions about what constitutes eligible acting and invites further industry conversation.

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Looking Ahead

As “Toy Story 5” approaches release, Hanks’ comments add an intriguing layer to discussions about performance recognition in modern cinema. The film’s success will likely renew attention on the contributions of voice actors in animated features, even if Oscar eligibility remains limited to existing categories.

The broader debate reflects cinema’s ongoing evolution. As technology advances and storytelling methods diversify, awards bodies face the challenge of balancing tradition with innovation. Hanks’ perspective offers one viewpoint in a conversation that is likely to continue as more performers deliver compelling work outside traditional parameters.

For now, the two-time Oscar winner maintains that existing categories suffice when performances truly move audiences. “We’ve talked about, for example, Andy Serkis,” Hanks said. “Even though he does not appear as Andy Serkis, he gives all the raw material to it. There’s been people who have been close to being nominated that do not appear on camera. That could happen to a pure-vocal actor.”

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The Academy’s next awards cycle will provide another opportunity to observe how voters respond to innovative performances across all formats. Whether voice and motion-capture work gains greater recognition remains an open question, but Hanks’ clear position adds a prominent voice to the discussion.

As the film industry continues evolving, conversations about how best to celebrate excellence in acting will remain central. Hanks’ comments while promoting “Toy Story 5” serve as a timely reminder that emotional impact, rather than technical delivery, should ultimately define great performances.

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(VIDEO) Bronx Man With Criminal Record Dating to 1999 Charged in Killing of Ex-Officer’s Son

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Bronx Man With Criminal Record Dating to 1999 Charged in

A 45-year-old Bronx man with a criminal history stretching back more than two decades has been charged with murder in the fatal shooting of a 12-year-old boy, the son of a retired New York Police Department officer, who was struck by gunfire while riding his bike near a Bronx bodega Saturday.

A chaotic scene captured on video

Police responded to reports of multiple people shot outside Wanda Deli Grocery at 104 Elliot Place in the Mount Eden section of the Bronx shortly before 5 p.m. Saturday. Surveillance footage released by the NYPD showed a group of men engaged in a physical altercation on the street near the intersection of Walton Avenue and Elliot Place, just before one of them pulled out a gun and opened fire. The video showed a 12-year-old boy, later identified as Jacob Freytes, standing near his bicycle on the sidewalk directly beside the confrontation when the shooting began. Additional footage showed Freytes running into the bodega, holding his chest, before collapsing inside near a deli worker and a customer.

Freytes was struck in the shoulder and rushed to NYC Health and Hospitals/Lincoln, where he was pronounced dead. Two other men, ages 25 and 34, were also struck by gunfire during the shooting; the 25-year-old was hit in the buttocks and the 34-year-old in the foot. Both are expected to survive, and both were listed in stable condition after being treated.

A father who was out of state

Freytes was the son of a retired NYPD officer. According to family members, his father, an NYPD sergeant, was traveling in Connecticut at the time of the shooting. A relative described Freytes as a well-liked, respectful child within the neighborhood. “He was a good kid,” the relative said. “He’s gonna be missed.”

Suspect arrested outside his home

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NYPD Commissioner Jessica Tisch announced Sunday morning that detectives had arrested William Ferrer, 45, of the Bronx, taking him into custody outside his home. Ferrer faces charges of second-degree murder, first-degree manslaughter, second-degree attempted murder, first- and second-degree assault, and second-degree criminal possession of a weapon, according to the NYPD; some reporting has cited additional counts of attempted murder and assault beyond the initial charges announced. Attorney information for Ferrer was not immediately available.

Announcing the arrest, Tisch emphasized the senselessness of the shooting. “No arrest can ever ease the pain of this unimaginable loss,” Tisch said, adding that the department would continue working to seek justice for Freytes. Police said investigators believe the shooting may be connected to gang activity, though the underlying dispute between the individuals in the confrontation had not been fully detailed publicly as of Sunday.

A lengthy record predating the shooting

According to law enforcement sources cited by the New York Post, Ferrer has had multiple prior encounters with law enforcement dating back to 1999, with a record that reportedly includes past arrests on allegations of drug possession, driving while intoxicated, possession of stolen property, menacing and criminal contempt. It remains unclear how many of those prior arrests resulted in convictions.

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A community in mourning

Fernando Mateo, a spokesman for the United Bodegas of America, addressed the shooting during a Sunday press conference outside the bodega, describing Freytes’ death as a devastating reminder of the continued toll gun violence takes on New York City. Bronx Borough President Vanessa Gibson also spoke out following the shooting, describing the incident as an unimaginable pain for the community in a video statement shared on social media.

New York City’s Office of the Public Advocate also issued a statement mourning Freytes’ death. “Nothing could be more tragic: An innocent child on his bike,” the office wrote, adding that ensuring children’s safety remains a collective responsibility and calling for the urgent implementation of strategies proven to make communities safer.

An investigation that remains active

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According to police, the men involved in the initial altercation fled the scene before patrol officers arrived, and investigators have continued reviewing surveillance footage and interviewing witnesses in the aftermath of the shooting. The NYPD said the broader investigation into the circumstances surrounding the confrontation remains ongoing even after Ferrer’s arrest, as detectives work to establish a fuller account of what led to the altercation turning violent.

Part of a broader pattern of stray-bullet violence involving children

Freytes’ death adds to a string of recent shootings in New York City in which children have been struck by gunfire not directed at them specifically. Earlier this month, an 8-year-old boy was shot in the thigh in the Bronx’s Mott Haven neighborhood while getting off a school bus, an incident that similarly prompted charges against a suspect on counts including attempted murder and reckless endangerment. Such cases have repeatedly drawn public attention to the risks posed to bystanders, including children, when gunfire erupts during unrelated disputes in residential and commercial areas of the city.

What comes next

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Ferrer is expected to be arraigned on the charges against him in the coming days, with the case likely to proceed through the Bronx court system as prosecutors build their case using the surveillance footage, witness accounts and physical evidence gathered at the scene. The NYPD has said its investigation into the shooting remains active, and it remains unclear whether additional individuals involved in the initial altercation may face charges as the case continues to develop. For Freytes’ family and the broader Mount Eden community, the shooting has renewed calls from local officials and advocacy groups for continued efforts to address gun violence affecting bystanders, particularly children, across the city.

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EasyJet to launch flights from Bristol Airport to historic Christmas market city

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The service will start in November and will run twice a week

An easyJet plane

An easyJet plane

Budget airline easyJet is launching a new direct route from Bristol Airport to the historic city of Strasbourg in France.

UNESCO-listed Strasbourg is home to one of the oldest and most famous Christmas markets in Europe. Each year, the city is transformed during the festive season, with the 2026 market running from November 27 to December 27.

Flights from Bristol to Strasbourg will start on November 20 and will operate twice a week on Mondays and Fridays .

Kevin Doyle, easyJet’s UK country manager, said: “We are delighted to be adding Strasbourg to our Bristol network, offering customers in the South West a new unique destination and we will be the only airline to provide a direct connection.”

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The news comes just days after the carrier confirmed it was expanding its base in Bristol. The airline is adding its 20th plane to the airport in a move it says will support some 400 jobs.

“Another route addition demonstrates our continued commitment to Bristol,” added Mr Doyle.

“With 90 routes now available from Bristol to destinations across Europe and North Africa, we remain focused on providing greater choice, strengthening regional connectivity and making travel easy and affordable for millions of customers.”

EasyJet now offers 91 routes from Bristol to 27 countries across Europe and North Africa, serving around six million customers each year from the airport.

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Recent additions to the network include Reus, Thessaloniki, Seville, Cape Verde and Bari, with Budapest flights starting this winter.

Rupert Lawrie, commercial director at Bristol Airport, said: “The introduction of direct flights from Bristol Airport to Strasbourg gives customers the opportunity to discover one of France’s most beautiful and historic cities.

“Strasbourg is renowned for its stunning architecture, picturesque canals, world-class restaurants, and is home to one of Europe’s oldest and most celebrated Christmas markets.

“easyJet’s continued investment at Bristol Airport reflects the demand for travel from our region and provides even greater choice for customers, enabling them to enjoy an even wider range of destinations from their local airport.”

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Carrefour: Core Markets Are Better, But H2 Has To Deliver

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(VIDEO) Suspect in Deadly Berlin Pride Parade Attack Shot Dead by Police After 24-Hour Manhunt Sunday Evening

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Suspect in Deadly Berlin Pride Parade Attack Shot Dead by

BERLIN — The suspect in a deadly vehicle-ramming and stabbing attack at Berlin’s Pride celebrations was shot and killed by police Sunday evening, following a manhunt that stretched nearly 24 hours across the German capital, authorities said.

A violent end to an hours-long search

Berlin police said the suspect was located in a garden allotment complex in the western Berlin borough of Spandau around 6 p.m. Sunday, roughly 20 hours after the attack. Officers from the city’s special police unit said the man rushed toward them holding what was described as a stabbing weapon, prompting officers to open fire. Firefighters attempted to resuscitate him, but he died at the scene.

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Police identified the suspect as Abdul Ballout, a 21-year-old German citizen of Lebanese background who was born in Germany in 2004 or 2005, according to differing accounts from German authorities. German privacy laws initially led domestic outlets to withhold his last name, though it was published by several international news organizations.

A van and a blade turned on a crowd

The attack unfolded Saturday night, when a white van rammed into a crowd of people in Berlin’s Tiergarten park before colliding with a tree. The area was near the closing celebrations of Christopher Street Day, Berlin’s oldest and largest Pride event, named after the New York street that was the site of the 1969 Stonewall riots. According to German Interior Minister Alexander Dobrindt, the attacker used a blade, believed to be a machete, to assault bystanders after crashing the vehicle. A woman was killed in the attack, and at least 29 others were injured, some critically, authorities said.

The violence did not occur along the parade route or at the festival’s closing party near the Brandenburg Gate, but rather several hundred meters away on a path through Tiergarten park, striking a crowd that likely included both festivalgoers and other locals passing through the area.

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A history of radicalization and a prior brush with the courts

German authorities said the attack bore the hallmarks of Islamist extremism. “Everything we see here points to an Islamist terrorist attack,” Dobrindt said, adding that the suspect had undergone radicalization and belonged to what he described as the “Islamist scene.” According to the Berlin Public Prosecutor’s Office, Ballout had allegedly developed a desire to join the Islamic State group’s armed struggle, made a failed attempt to travel to Syria to join the militant organization, and made contact with individuals in Lebanon he believed were affiliated with the group.

While in Lebanon, he was sentenced to three months in prison for inciting religious and sectarian conflict, according to the prosecutor’s office. After serving that sentence, he returned to Germany in November, where he was arrested at Berlin’s international airport and spent six months in pretrial detention. A Berlin juvenile court subsequently handed him a suspended sentence of one year and ten months for preparing a serious act of violence and publishing Islamic State propaganda, and he was released pending appeal. According to German newspaper Die Welt, Ballout had also begun a voluntary deradicalization counseling program, though officials had not yet decided whether he would be formally admitted, having attended only two sessions with counselors who described him as polite and cooperative, even as doubts lingered about whether he intended to genuinely engage with the process.

A nationwide manhunt across trains, airports and borders

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Following the attack, German authorities launched an extensive nationwide search, with police scouring train stations, airports and border crossings in an effort to locate the suspect before he could flee the country. More than 2,200 officers had already been deployed in Berlin since Saturday morning to secure the Pride parade and related events, according to Reuters.

A celebration abruptly halted

The attack cut short what had otherwise been a peaceful Pride celebration, with participants having marched through the city for hours, dancing to techno music and cheering dozens of parade floats before the violence occurred. Organizers canceled the remainder of Saturday’s events, and the attack site remained under lockdown as investigators gathered evidence.

Germany’s leaders respond

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German Chancellor Friedrich Merz condemned the attack in strong terms, saying, “We are open and freedom-loving — and we will preserve and defend that,” and pledging that the case would be investigated and prosecuted with the utmost severity. Separately, Merz described the attack as “a heinous act.” Berlin Mayor Kai Wegner characterized the violence as a direct assault on the city’s open society, writing on social media that the attack targeted “the assembly for a tolerant and peaceful Berlin” and describing Berlin as “the city of freedom.” Wegner later clarified that while security at the event itself had been robust, the attack occurred on a pathway roughly a quarter-mile from the main festival site, an area the perpetrator was ultimately unable to reach due to police security measures already in place.

By Sunday afternoon, mourners carrying Pride flags gathered at the Brandenburg Gate for a vigil, laying flowers, candles and handwritten signs at a growing memorial near the attack site.

A politically charged backdrop

The attack has reignited Germany’s long-running debate over migration and religious extremism, arriving just weeks ahead of closely watched regional elections in which the far-right Alternative for Germany party is currently leading in polling. The AfD has campaigned on mass deportations and stricter border controls, and has previously moved quickly to capitalize politically on earlier extremist attacks in Germany, including a memorial rally it organized in Magdeburg just three days after a deadly Christmas market attack there in 2024.

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Part of a broader pattern in Europe

Saturday’s attack adds to a series of vehicle-ramming and knife attacks attributed to Islamist extremists that Germany has faced in recent years, including the killing of a police officer at an anti-Islam rally in Mannheim in 2024 and a knife attack at a street festival in Solingen months later that killed three people and was claimed by the Islamic State group. Vehicle rammings specifically have remained a recurring extremist tactic across Europe since the Islamic State began promoting the method roughly a decade ago, with researchers documenting several dozen such attacks worldwide since 2000. Germany has remained on heightened alert for the tactic since a truck was driven into a Berlin Christmas market in 2016, killing 12 people, while the deadliest such attack in Europe remains the 2016 Bastille Day attack in Nice, France, in which a truck was driven into crowds, killing 86 people.

What comes next

With the suspect now dead, German authorities are expected to continue their investigation into the attack, including further examination of Ballout’s radicalization history, his prior legal proceedings, and how he came to be released pending appeal before carrying out Saturday’s violence. The case is likely to intensify political debate in Germany in the weeks leading up to the country’s upcoming regional elections, even as the Berlin LGBTQ+ community and the wider city continue to mourn the woman killed and the dozens of others injured in the attack.

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Welspun Corp Q1FY27 slides: record EBITDA, strong order book

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DiJonai Carrington Accuses Ex-Girlfriend NaLyssa Smith of Cheating With Multiple WNBA Players in Viral Post

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DiJonai Carrington

Chicago Sky guard DiJonai Carrington sparked one of the WNBA’s biggest off-court storylines of the season this weekend, publicly accusing her former girlfriend, Las Vegas Aces forward NaLyssa Smith, of infidelity with multiple other players in the league.

A viral post during All-Star weekend

The accusation surfaced Saturday during the WNBA’s All-Star weekend in Chicago, when Carrington shared a message on the social media platform Threads that quickly circulated across X, Instagram and other platforms. In the post, Carrington directly named two other WNBA players, writing, “Since mfs wanna be funny today ima be hilarious! yes, nalyssa cheated on me with Deja Kelly and Aaliyah Nye +++ many more.” Kelly plays for the Las Vegas Aces, while Nye plays for the Atlanta Dream.

Screenshots of the post spread rapidly, with thousands of fans weighing in across social media as the allegation quickly became one of the weekend’s most discussed storylines, overshadowing other coverage from All-Star festivities that had included appearances from former President Barack Obama at a practice session earlier in the weekend. As of publication, neither Smith, Kelly nor Nye had issued a public response to the allegations.

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A relationship that began in college

Carrington and Smith had been one of the WNBA’s more publicly visible couples in recent years, with a relationship dating back to 2020, when the two were teammates at Baylor University. Smith went on to become the No. 2 overall pick in the 2022 WNBA Draft following a college career that included an NCAA championship and multiple national awards. She spent her first three professional seasons with the Indiana Fever, earning WNBA All-Rookie Team honors in 2022, before being traded to the Dallas Wings ahead of the 2025 season as part of the deal that sent guard Sophie Cunningham to Indiana. Smith was later traded again that year to the Las Vegas Aces, where she helped the franchise capture the 2025 WNBA championship. The pair also briefly played together as teammates during a stretch of the 2025 season before eventually separating.

Carrington was present for Smith’s championship run last year and publicly celebrated the win at the time, writing on social media, “My baby is a WNBA champion,” and describing Smith as the turning point of the Aces’ season.

A breakup previously described as amicable

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News of Carrington and Smith’s split first emerged publicly in November 2025, at which point Carrington characterized the end of the relationship in relatively neutral terms. Addressing the breakup directly at the time, Carrington said, “We’re good, but we’re not together anymore,” adding that the split had happened on good terms and that the two had simply grown in different directions. That earlier characterization stood in sharp contrast to the tone of Saturday’s post, which painted a considerably more contentious picture of how the relationship had actually ended.

A messy chapter unfolding in public

The situation adds another layer of off-court drama to a WNBA season that has already generated significant attention beyond the court, from roster moves to viral pregame fashion moments involving the league’s biggest stars. Reaction to Carrington’s post was mixed, with some fans expressing sympathy for the public nature of the allegations and others noting the broader challenges that can arise in a relatively small professional league where players frequently date and socialize within the same competitive circles.

Notably, Carrington is scheduled to face off against both Smith and Kelly in upcoming league play, adding an additional layer of attention to the situation as the teams involved prepare to meet on the court in the coming weeks.

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No formal response from those named

As of this report, Smith, Kelly and Nye had not issued any public statements addressing Carrington’s allegations, either individually or collectively. Representatives for the WNBA and the teams involved have similarly not commented publicly on the matter. Given the personal nature of the claims and the lack of any independent confirmation beyond Carrington’s own social media post, the allegations remain unverified beyond what Carrington herself has stated publicly.

A pattern of off-court storylines shaping WNBA coverage

The episode reflects a broader pattern that has increasingly defined WNBA media coverage in recent seasons, where storylines involving player relationships, social media activity and off-court dynamics have at times drawn as much attention as on-court performance. League observers have noted that the increasing visibility of players’ personal lives, driven in large part by widespread social media use among athletes, has made moments like Carrington’s post capable of dominating national sports conversation within hours of being posted, regardless of whether all details have been independently verified.

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With training and competition continuing across the league following All-Star weekend, attention is likely to remain focused on whether Smith, Kelly or Nye offer any public response to Carrington’s claims, and how the situation may factor into upcoming matchups between the players’ respective teams. For now, the allegations remain confined to Carrington’s own account of events, with the league, the teams involved, and the other players named all staying silent as the story continues to circulate widely across social media and sports media coverage.

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Why is Irish Continental stock soaring 26% today?

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Gold Climbs Toward $4,100 as US-Iran Pause Eases Inflation Fears, Pulls Metal From 9-Month Low This Week

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Gold prices climbed roughly 1% Monday, moving away from nine-month lows as a weekend pause in hostilities between the United States and Iran sent oil prices sharply lower, easing inflation concerns that had weighed heavily on the precious metal in recent weeks.

A modest but meaningful rebound

Gold futures rose to $4,092.40 an ounce, up $21.60, or 0.53%, according to trading data Monday, with the spot price climbing toward the $4,100 mark during the session. The gain builds on a broader recovery that has taken hold since Friday, when gold traded closer to $4,030 an ounce, and reflects a notable shift in sentiment following the de-escalation between Washington and Tehran over the weekend.

A pause in fighting drives the rally

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The catalyst behind Monday’s advance was a decision by the United States to suspend its nearly two-week campaign of strikes against Iran, a shift that began late Friday without an official public announcement. Iran, for its part, said it had ended its own retaliatory strikes in response and entered discussions with Oman regarding safe navigation through the Strait of Hormuz, one of the world’s most critical energy shipping corridors. That mutual de-escalation triggered a sharp decline in oil prices, with Brent crude falling roughly 6% to trade around $90 a barrel, easing fears of prolonged supply disruptions that had been building since fighting between the two countries intensified earlier this year.

For gold, the retreat in oil prices carried significant implications. Lower energy costs typically ease broader inflation pressures, which in turn reduces the perceived need for further interest rate increases from central banks, a dynamic that tends to support demand for non-yielding assets like gold. With some of that inflationary pressure now easing, at least temporarily, investors moved back into the precious metal Monday after weeks of comparatively weaker demand.

A difficult recent stretch for the metal

Gold’s rebound follows a rough patch over the preceding two weeks. Prices fell toward $4,030 an ounce Friday, extending a nearly 2% decline from the previous session, as surging oil prices tied to the escalating Middle East conflict strengthened the case for tighter monetary policy in the United States. President Donald Trump had warned of expanded military action against Iran during that stretch and vowed to hold Tehran accountable for any future attacks by Houthi forces on commercial vessels in the Red Sea, comments that helped push Brent crude above $100 a barrel for the first time since May and stoked broader inflation fears across financial markets.

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Those elevated oil prices, and the resulting expectations for tighter Federal Reserve policy, weighed on gold throughout the period, pulling prices down to levels not seen in roughly nine months even as the metal remains up more than 23% compared to the same point last year.

Central bank policy also in focus

Beyond the Middle East conflict, monetary policy decisions have continued to shape gold’s trajectory in recent sessions. The European Central Bank kept interest rates unchanged the previous Thursday, while leaving the door open to a potential rate increase in September, a stance that added another layer of complexity to the broader global rate outlook investors have been weighing alongside developments in the Iran conflict.

Diverging demand trends across Asia

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Physical demand for gold has shown notable regional divergence in recent weeks. In India, gold discounts widened to a seven-week high as elevated prices curbed retail buying interest, according to trading data, reflecting how price-sensitive consumer demand in one of the world’s largest gold markets has cooled somewhat as prices have remained elevated. In China, by contrast, buying interest reportedly improved over the same period, suggesting demand patterns across the two major Asian gold markets have moved in somewhat opposite directions even as the global price backdrop has remained broadly similar for both.

A mixed picture in local Indian gold markets

Domestic gold prices in India also reflected the broader recovery Monday. In Delhi, the 24-karat gold rate rose 96 rupees per gram to 14,604 rupees, extending gains after gold held steady the previous day and advanced the day before that. Despite the recovery, prices in Delhi remained about 52 rupees below the recent high of 14,656 rupees per gram reached on July 22, following a sharp pullback that saw gold slip 23 rupees on July 23 before falling another 185 rupees the following day. A similar pattern played out in Kolkata, where 24-karat gold rose 96 rupees to 14,589 rupees per gram, extending a recovery from a sharper correction seen the previous week. On India’s Multi Commodity Exchange, futures prices for 24-karat gold rose 0.56% to reach 143,904 rupees per 10 grams as trading resumed Monday following a two-day market closure.

A year defined by extraordinary gains

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Monday’s advance adds to what has already been an extraordinary year for gold. The metal set a fresh all-time high near $4,736 an ounce in January, extending a rally that gained momentum in the final quarter of 2025 and carried into the new year. That record marked a gain of more than 70% from gold’s 52-week low near $2,703, and stands in stark contrast to the metal’s all-time low of roughly $866, recorded back in April 2009, underscoring the scale of gold’s cumulative rise over the past decade and a half.

With the pause in U.S.-Iran hostilities still fragile and markets watching closely for signs of whether it holds or gives way to renewed fighting, gold traders are likely to remain highly sensitive to any fresh developments out of the Middle East in the days ahead. At the same time, upcoming signals from the Federal Reserve and other major central banks regarding the future path of interest rates are expected to continue shaping demand for the metal, particularly given how closely gold’s recent swings have tracked shifts in both geopolitical risk and the broader inflation outlook throughout this volatile stretch of 2026.

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ECB data shows steady lending growth in June

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Sensex Jumps Over 500 Points, Nifty Nears 24,000 as Banking, IT and FMCG Stocks Lead Monday’s Broad Rally

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Indian benchmark stock indices opened the new trading week sharply higher Monday, with the Sensex and Nifty 50 both climbing on broad-based buying across banking, information technology and consumer goods stocks, helping the market recover from a choppier stretch of trading the previous week.

A strong start to the week

The BSE Sensex jumped roughly 550 points in early trade Monday, opening at 76,608.98 and touching an intraday high of 76,696.38 within minutes of the session beginning, before settling into gains of around 0.69% to 0.76% as the morning progressed. The NSE Nifty 50 climbed alongside it, opening at 23,928 and advancing to 23,938.90, up 171.45 points, or 0.72%, as of early afternoon trading in Mumbai. The rally reclaimed the psychologically significant 23,900 level for the Nifty, with some reports noting the index moved to within striking distance of the 24,000 mark during the session.

Sectors driving the advance

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Gains were broad-based across the market, with banking, information technology and fast-moving consumer goods stocks leading the charge. Heavyweight names including IndiGo, Infosys and Bajaj Finance ranked among the session’s top gainers, according to market data. Trading Economics also flagged strength in Tata Consumer Products, which advanced after reporting stronger-than-expected quarterly earnings, and SBI Card, which climbed on improved asset quality alongside solid quarterly results. Real estate developer Lodha Developers also gained following a rise in its quarterly profit.

Not every stock participated in the rally. Bank of Baroda came under pressure Monday after reporting a decline in quarterly earnings, standing out as a notable laggard even as most of the broader banking sector traded higher. Among individual gainers beyond the blue-chip names, Caliber Mining and Logistics rose 8.9%, Ratnaveer climbed 8.1%, Dr. Lal PathLabs added 6.6%, IDFC First Bank gained 6.2%, Infosys rose 3.1%, and Laurus Labs advanced 2.9%.

A weaker dollar and shifting investor sentiment

Currency markets also moved in India’s favor Monday. The rupee strengthened against the U.S. dollar, trading around 96.22 to 96.49 per dollar depending on the point in the session, compared with a previous close near 96.56. Analysts pointed to a broader shift in global investor sentiment away from safe-haven assets like the dollar and toward emerging-market currencies such as the rupee, a dynamic tied in part to a pause in hostilities in West Asia that has eased some of the geopolitical risk weighing on markets in recent weeks.

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Broader global sentiment also appeared supportive heading into Monday’s session, with Asian markets trading higher across the region as investors turned their attention toward an upcoming U.S. Federal Reserve policy decision, even as renewed tensions in the Middle East continued to represent a source of caution for global markets more broadly.

Recovering from a rockier previous week

Monday’s gains helped offset a more volatile stretch of trading in the prior week, during which Indian benchmark indices experienced sharper swings amid a mix of global and domestic factors. Over the trailing month, India’s benchmark indices have shown only modest movement on a net basis, with the Sensex down slightly over the past month and down more meaningfully compared with the same point a year earlier, according to Trading Economics data, underscoring that Monday’s rally, while strong, arrives against a backdrop of a market that has faced periodic turbulence throughout the year rather than moving in an uninterrupted upward trend.

Earnings season adds to the momentum

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Corporate earnings reports continued to shape individual stock movements Monday, with several of the session’s biggest gainers and decliners tied directly to quarterly results. Strong earnings from companies like Tata Consumer Products and SBI Card provided specific catalysts for those stocks, while Bank of Baroda’s weaker quarterly performance dragged on its share price even as the broader banking sector advanced. With India’s quarterly earnings season continuing in the weeks ahead, additional company-specific results are likely to keep individual stock movements active alongside the broader market’s overall direction.

A market shaped by global and local currents

India’s stock market has increasingly moved in tandem with global developments this year, including swings in U.S. Federal Reserve policy expectations, fluctuations in global oil prices tied to Middle East tensions, and broader shifts in how international investors allocate capital between developed and emerging markets. Monday’s rally reflected several of those currents converging at once: easing geopolitical risk, a weaker dollar benefiting emerging-market currencies like the rupee, and continued strength in some of India’s largest and most closely watched corporate names.

What investors are watching next

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With the Federal Reserve’s next policy decision on the horizon and India’s corporate earnings season still unfolding, market participants are likely to remain focused on how upcoming U.S. monetary policy signals interact with domestic earnings results in shaping the market’s direction over the coming weeks. Continued developments in West Asia, where a pause in hostilities has already influenced currency and equity markets this week, are also likely to remain a key factor investors watch closely, given how directly regional tensions have affected oil prices, currency movements and broader risk sentiment across Indian markets throughout the year.

For now, Monday’s session offered a strong start to the trading week, with the Sensex and Nifty both posting solid gains across a broad swath of sectors, even as the underlying market continues to navigate a mix of global uncertainty and a still-developing domestic earnings picture.

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