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Gold prices fell in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 9,163.75 Indian Rupees (INR) per gram, down compared with the INR 9,272.21 it cost on Tuesday. The price for Gold decreased to INR 106,883.00 per tola from INR 108,148.30 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,163.75 10 Grams 91,636.47 Tola 106,883.00 Troy Ounce 285,027.20   Daily Digest Market Movers: Gold price bulls remain on the defensive amid hopes for a US-China trade deal US...

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...

India’s forex reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly increase, reflecting that India’s economy remains robust despite turbulent timesread moreOn Friday, the Reserve Bank of India (RBI) said that the country’s forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11.This is the sixth consecutive week the Indian forex has seen a jump. The overall reserves jumped by $10.8 billion to $676.2 billion in the previous reporting week ended April 4.It is...

The Indian Rupee gathers strength in Wednesday’s early European session.  The softer US Dollar and lower crude oil prices continue to underpin the INR.  The US March Retail Sales report and speech by Fed Chair Powell will be the highlights later on Wednesday.  The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency’s losses. It’s worth noting that India is the world's third-largest oil consumer, and...

The 21st Director General-Level Talks on Customs Cooperation was held between India and Nepal in Kathmandu on April 10-11, 2025 Published Date - 13 April 2025, 02:50 PM New Delhi: Customs authorities of India and Nepal have discussed ways to check trans-border criminal activities, smuggling of gold and narcotics, and fake currency notes (FCN), the finance ministry said in a statement on Sunday. The 21st Director General-Level Talks on Customs Cooperation was held between India and Nepal in Kathmandu on April 10-11, 2025, it said. Issues...

(MENAFN- IANS) Mumbai, April 11 (IANS) India's foreign exchange reserves surged by $10.8 billion to $676.3 billion during the week ended April 4, according to data released by the Reserve Bank of India on Friday.This is the fifth consecutive week to register an increase in forex reserves.The foreign currency assets, a component of India's reserves, rose by $9 billion to $574.08 billion, while the gold reserves portion increased by $1.5 billion to $79.36 billion, the RBI's weekly statistical report showed.Besides, Special Drawing Rights (SDR) went up by $186 million to...

(MENAFN- IANS) Mumbai, April 11 (IANS) India's foreign exchange reserves surged by $10.8 billion to $676.3 billion during the week ended April 4, according to data released by the Reserve Bank of India on Friday.This is the fifth consecutive week to register an increase in forex reserves.The foreign currency assets, a component of India's reserves, rose by $9 billion to $574.08 billion, while the gold reserves portion increased by $1.5 billion to $79.36 billion, the RBI's weekly statistical report showed.Besides, Special Drawing Rights (SDR) went up by $186 million to...

(MENAFN- IANS) Mumbai, April 11 (IANS) India's foreign exchange reserves surged by $10.8 billion to $676.3 billion during the week ended April 4, according to data released by the Reserve Bank of India on Friday.This is the fifth consecutive week to register an increase in forex reserves.The foreign currency assets, a component of India's reserves, rose by $9 billion to $574.08 billion, while the gold reserves portion increased by $1.5 billion to $79.36 billion, the RBI's weekly statistical report showed.Besides, Special Drawing Rights (SDR) went up by $186 million to...

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...

Former World Bank Chief Economist Kaushik Basu analyzes the impact of US reciprocal tariffs on India, stating it will have a negative impact on both countries. He suggests India focus on expanding trade with other nations.New Delhi, Apr 6 (PTI) Former World Bank Chief Economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the US.Basu further said that it is...