Economy

Gold price
Metal crash shocks: “A historic collapse”

The sharp decline in the price of gold and silver over two trading days has sent the market reeling.

– I have never seen anything like it, says Handelsbanken's commodities analyst Christan Kopfer to DI.

Ole Hansen, head of commodities at Saxo Bank, describes the price drops as a “historic collapse”. Jyske Bank's chief strategist shares the same opinion.

– I have been in the game for a few years, and I have not seen a fall of that size before, he says.

Tariff crisis  Reactions to tariffs
Slow start in car trade – tariffs and uncertainty weigh

The car trade had a weak start to 2026, new figures from Mobility Sweden show. In January, sales fell by 18 percent compared to the same month last year.

The weak start to the year is a continuation of the autumn's development, which was marked by concerns about tariffs and geopolitics, according to the company's chief economist Sofia Linder.

- This means that both private and corporate customers are being cautious and postponing their car purchases, she says in a comment.

Sales of electric cars increased by around 19 percent, with Tesla seeing an upturn of over 26 percent. 

The tariff crisis  Trump's tariff policy
White House: Additional punitive tariffs against India are being lifted

The United States is removing the additional 25 percent tariff imposed on Indian imports after the country agreed to stop buying Russian oil. This is confirmed by a White House official, writes Reuters.

The information clarifies previous uncertainty about the scope of the new trade agreement that US President Donald Trump presented after a phone call with Indian Prime Minister Narendra Modi.

In a post on Truth Social, Trump wrote that US tariffs on Indian goods would be reduced from 25 to 18 percent, but it was not clear whether the separate punitive tariff imposed due to India's Russian oil purchases would also be removed.

Elon Musk's wealth
Space X and X AI reportedly become one of the world's most valuable companies

Elon Musk's space company SpaceX has merged with his AI company XAI, according to a press release.

The merged company is expected to be valued at $527 per share, equivalent to $1.25 billion, according to sources to Bloomberg.

Currently, that would make the company the eleventh most valuable company in the United States.

Both Bloomberg and Reuters have previously reported information that talks about a merger are underway ahead of Space X's planned IPO later this year.

Bloomberg has reached out to Space X and XAI for comment.