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CHENNAI: The Indian Rupee showed resilience, strengthening against the US dollar amid favorable market conditions. Gold prices remained steady, with a positive outlook for the coming year due to ...
Prices on the near-month gold futures contract was also weak, as prices fell sharply by 2.5 percent to close at Rs 30,753 per 10 gm. Appreciation in the Rupee led to sharper fall in Indian gold ...
New investors should gradually build a 5 to 10 per cent allocation to gold. Illustration: Dominic Xavier/Rediff.com The rupee hit a new low of Rs 84.5 against the US dollar recently. While the ...
Rupee depreciation played a major role in lifting the gold price by Rs1,000 on Wednesday to a two-week high at Rs125,800 per tola (11.66 grams), said All Sindh Saraf and Jewellers Association ...
A surge in supply of foreign currency compared to its demand supported the partial recovery of the rupee. Besides, gold price dropped Rs2,350, or over 2%, to a four-month low of Rs110,500 per tola ...
Mumbai: The rupee slipped after a higher start on Friday as traders grabbed an arbitrage opportunity in the futures and forward markets, while gold-related demand for dollars also weighed on the ...
As the rupee continued to see no major changes, gold prices gained for the second straight day on Tuesday. The price of gold (24 carats) increased by Rs300 per tola and Rs257 per 10 grams to reach ...
The Express Tribune on MSN4mon
Gold prices, rupee value depreciate
The rupee experienced a minor decline against the ... Reserve is expected to keep interest rates steady. Meanwhile, gold prices in Pakistan continued their decline on Monday, in line with global ...
With reference to the article "India rules out converting idle gold into bullion" (Sept. 1), the Indian rupee has been on a decline along with the currencies of other Asian economies like the ...