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Gold prices returned to the green zone in India on Eaaster Monday, tracking the renewed record-setting rally in its Comex counterpart. The relentless US Dollar (USD) sell-off remains the primary reason for the buying resurgence in the USD-denominated Gold price on Comex. The USD remains heavy against its major currency rivals due to increased risks to US Federal Reserve's (Fed) independence and mounting recession fears, fuelled by the US-China trade war escalation.  Gold price edges up to 9,280.92 Indian Rupees (INR) per gram, as of writing, following Friday's close of...

US Stock Market Live: US futures have extended their losses this morning Indian time, having opened lower. Futures on the Dow Jones are now down 300 points, while those on the S&P 500 and Nasdaq are down 35 and 110 points respectively. Thursday's trading session saw the benchmark indices post their seventh negative week in the last nine. Asian markets, whichever are open for trading, have opened mostly lower. Watch this space for all the Live updates.US Stock Market Live: US futures have extended their losses this morning Indian time,...

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...

(MENAFN- Daily Forex) During the trading session on Monday, we have seen a lot of volatility around the world, as the trading environment seems to be changing from moment to moment. That being said, what I am watching closely here is the 0.81 level, which is an area that's been important a couple of times in the long term. This is an area that seems to be holding up over the last couple of days, but if we were to break down below here, there's not much to keep this...

Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.   Gold price also shrugs off the ongoing Chinese disinflation amid the market's nervousness on US-Sino trade woes and ahead of the US Consumer Price Index (CPI) data release.  At the time of writing, Gold price changes hands at 8,668.09 Indian Rupees (INR) per gram, advancing from Wednesday's close of INR 8,550.30, according to data...

According to RBI data, forex reserves have increased cumulatively by $20.1 billion over the past three weeks and by about $6.6 billion in the latest reporting week In a significant development, India's foreign exchange reserves rose from $6.596 billion to $665.396 billion in the week that ended on March 28, extending gains for the fourth straight week, official data released by RBI showed.This significant jump is the highest in nearly five months, after witnessing a period of downturn.According to RBI data, forex reserves have increased cumulatively by $20.1 billion over...

Having touched a new record high in India on Tuesday, Gold price has entered a phase of upside consolidation early Wednesday. The traditional safe haven, the Gold price, benefited from tariff concerns ahead of US President Donald Trump's announcement on April 2.  As of writing, Gold price is ticking slightly higher to Indian Rupees (INR) 8,583.84 per gram after settling Tuesday at INR 8,572.42, according to data compiled by FXStreet. Meanwhile, Gold price advanced to INR 100,120.70 per tola from Tuesday's close of INR 99,986.97 per tola. Unit measure Gold Price in INR...

Gold prices fell in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 8,308.97 Indian Rupees (INR) per gram, down compared with the INR 8,321.84 it cost on Tuesday. The price for Gold decreased to INR 96,914.88 per tola from INR 97,064.31 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,308.97 10 Grams 83,090.28 Tola 96,914.88 Troy Ounce 258,438.20   Daily digest market movers: Gold price underpinned by high inflation expectations The US 10-year T-note yield is down three...

Gold prices fell in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,409.45 Indian Rupees (INR) per gram, down compared with the INR 8,447.88 it cost on Thursday. The price for Gold decreased to INR 98,085.98 per tola from INR 98,534.41 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,409.45 10 Grams 84,093.86 Tola 98,085.98 Troy Ounce 261,563.30   Daily Digest Market Movers: Gold price is pressured by modest USD strength; downside potential seems limited The US Dollar...