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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...

The Indian Rupee strengthens in Tuesday’s Asian session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar demand might cap its upside. Investors brace for India’s HSBC Manufacturing PMI data and Fed’s Powell speech later on Tuesday. The Indian Rupee (INR) edges higher on Monday as the dovish remarks from the US Federal Reserve (Fed) and rising fiscal worries undermine the Greenback. Additionally, a decline in Crude oil prices provides some support to the INR. It’s worth noting that India is the world's third-largest oil consumer, and...

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...

Despite stabelcoins’ role here as well as in bridging the gap between traditional financing and crypto trading, RBI remains cautious of stablecoins | Photo Credit: hocus-focus Indian crypto investors are taking a keen interest in stablecoins which accounted for over 25 per cent of spot trading volume on crypto platforms like Coinswitch in the first four months of calendar 2025. Stablecoins offer a relatively stable entry and exit point in crypto markets for users, pegged to real-world assets like the US dollar, euro, or gold and offer price stability that...

India's external debt rose significantly by 10 per cent, reaching USD 736.3 billion at the close of March 2025, compared to USD 668.8 billion in the previous year, as stated by the Reserve Bank of India (RBI) on Friday.This increase boosted the percentage of external debt to GDP, which now stands at 19.1 per cent, up from 18.5 per cent a year ago. The RBI highlighted a 'valuation effect' driven by the appreciation of the US dollar, adding USD 5.3 billion. Without this effect, external debt would have risen...

Asian stock markets advanced broadly at Friday’s open, with a key gauge of global equities on track for another record high, as calming geopolitical concerns and rising expectations for US Federal Reserve interest-rate cuts this year fueled investor optimism. Trading desks across Asia are buzzing with excitement again, as the region appears to be shaking off recent tariff shocks and once again attracting investors with its solid growth prospects.The positive momentum in Asia-Pacific markets largely tracked gains seen on Wall Street. This followed comments from White House spokesperson Karoline Leavitt,...

Asian stock markets presented a mixed picture on Thursday, with Japanese equities climbing to a four-month high while other regional indices stuttered. Investors are navigating a complex landscape of geopolitical, economic, and fiscal uncertainties as they brace for US President Donald Trump’s fast-approaching deadline on tariffs. A fragile ceasefire between Israel and Iran has provided some market relief, but attention is shifting to US policy and its potential impact on global markets.Markets have been somewhat soothed by a ceasefire between Israel and Iran that appears to be holding, for now....

The Indian Rupee gains further to near 85.80 against the US Dollar amid a positive market mood.Oil prices are likely to fall further if Israel and Iran keep to the truce.Fed’s Powell reiterates that the central bank needs more clarity on tariffs before reducing interest rates.The Indian Rupee (INR) extends winning streak against the US Dollar (USD) for fourth trading day on Wednesday, posts a fresh weekly high around 85.80. The USD/INR pair slides further as the Indian currency strengthens on expectations that the Oil price could decline further, following...

Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to surge against the US dollar in recent weeks and dropped hints it would be comfortable with more if the moves were “orderly”. South Korea’s giant national pension fund has ended its five-month support of the won.A major reason for these moves is a simple change in...