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US-India Trade Deal:  US President Donald Trump on Monday (local time) took to Truth Social and announced that India and America have ‘agreed to a Trade Deal’. Both countries agreed to the deal after several months of talks. During the negotiation process the Trump administration imposed a 50 percent tariff on Indian exports to US. Of this 25 percent was linked to New Delhi’s crude oil purchases from Russia which Washington said was indirectly funding Russia’s war against Ukraine. Under the current deal India will stop purchasing Russian crude oil and buy more from America and potentially Venezuela’s crude oil. Following the major announcement Asia-Pacific markets have started to rise on Tuesday. Investors are taking the India-US decision to cut tariffs on each other’s goods very positively. The US President took to Truth Social and wrote that PM Modi had agreed to step up purchases of US goods. It is to be noted that President Trump and PM Modi had a telephonic conversation but no details were shared by either government. US ambassador to India Sergio Gor took to X and wrote ‘stay tuned’. Asia Markets Rise On US-India Trade Deal Optimism After the announcement Japan’s Nikkei 225 started showing gains adding 2.44 percent while Topix added 1.94 percent. South Korea’s Kospi witnessed a jump of 5 percent indicating a buy emotion. According to Korea Exchange the jump witnessed after KOSPI 200 futures climbed more than 5 percent for more than a minute. On Monday the sidecar was activated following Kospi 200 futures’ 5 percent drop. This development also prompted authorities to temporarily halt trading. The small-cap Kosdaq rose 2.32 percent. Symbol Company Index Name Price Change % Change .AXJO S&P/ASX 200 ASX 200 8884.50 +105.90 +1.21% .HSI Hang Seng Index HSI 26995.76 +220.19 +0.82% .KS11 KOSPI Index KOSPI 5176.61 +226.94 +4.58% .N225 Nikkei 225 Index NIKKEI 54187.44 +1532.26 +2.91% .NSEI NIFTY 50 NIFTY 50 25088.40 UNCH UNCH .SSEC Shanghai SHANGHAI 4015.746 UNCH UNCH   Hang Seng Futures Trade Higher Australia’s ASX 200 Climbs 1.3 percent Hong Kong Hang Seng index futures climbed above the benchmark at 26953 it was last closed to 26775.57. Meanwhile Australia’s S&P/ASX 200 also witnessed a rise of 1.3 percent. Index Closing Level Change (%) Dow Jones Industrial Average 49407.66 +1.05% S&P 500 6976.44 +0.54% Nasdaq Composite 23592.11 +0.56% Close Eye On Gold And Silver Prices Investors are keeping a close eye on gold and silver prices following recent volatility during which silver prices dipped around 30 percent on Friday. It was the silver’s worst one-day performance since 1980. The yellow metal also plunged to 10 percent. Spot gold added 2.22 percent to  USD4769.33 per ounce. Silver added 3.81 percent to  USD82.39 per ounce. Overnight in America stocks jumped as Wall Street started the new month. Investors are brushing aside recent losses in silver and bitcoin.