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Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,179.10 Indian Rupees (INR) per gram, up compared with the INR 9,139.19 it cost on Thursday. The price for Gold increased to INR 107,063.80 per tola from INR 106,597.70 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,179.10 10 Grams 91,792.59 Tola 107,063.80 Troy Ounce 285,505.00   Gold daily digest market movers: Can Thursday's data sway the Fed and drive bullion? The ADP Employment Change report released...

Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 9,010.69 Indian Rupees (INR) per gram, up compared with the INR 8,998.38 it cost on Friday. The price for Gold increased to INR 105,098.90 per tola from INR 104,955.30 per tola on friday. Unit measure Gold Price in INR 1 Gram 9,010.69 10 Grams 90,107.03 Tola 105,098.90 Troy Ounce 280,269.10   Daily Digest Market Movers: Gold price gains momentum on increased optimism of a Fed rate cut “The slowdown in geopolitics...

The euro is the world’s second most-used currency, accounting for 20% of global foreign exchange reserves, compared with 58% for the US dollar.Harbour Asset Management fixed income and currency strategist, Hamish Pepper, said the greenback was losing favour, but only at the margin.“The set-up to this weakness in the US dollar was one where pretty much everybody acknowledged that it was an expensive, or overvalued, currency,” Pepper said.AdvertisementAdvertise with NZME.“It’s been supported by this exceptional US economy, so that was the story.“All of a sudden we’ve had a couple of...

Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,480.17 Indian Rupees (INR) per gram, up compared with the INR 9,366.50 it cost on Thursday. The price for Gold increased to INR 110,593.10 per tola from INR 109,249.10 per tola a day earlier. FXStreet calculates Unit measure Gold Price in INR 1 Gram 9,480.17 10 Grams 94,818.31 Tola 110,593.10 Troy Ounce 294,868.70   Daily digest market movers: Gold price surges as the Greenback and US yields tumble The Greenback plunges...

Here is what you need to know on Thursday, June 5:Major currency pairs fluctuate within their weekly ranges early Thursday. The European Central Bank (ECB) will announce monetary policy decisions and the US economic calendar will offer Challenger Job Cuts data for May, weekly Initial Jobless Claims reading, alongside the Goods Trade Balance figures for April. ECB President Christine Lagarde will speak on the outlook and respond to questions in the post-meeting press conference. Finally, several Federal Reserve (Fed) policymakers are scheduled to deliver speeches in the second half of...

Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,297.71 Indian Rupees (INR) per gram, down compared with the INR 9,313.37 it cost on Wednesday. The price for Gold decreased to INR 108,443.00 per tola from INR 108,629.30 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,297.71 10 Grams 92,974.23 Tola 108,443.00 Troy Ounce 289,191.40   Gold daily market movers: XAU/USD soars as US Treasury yields plummet, weighing on the US Dollar Gold price rallies...