The rupee opened lower at 65.06 as against yesterday's close of 64.76 at the inter-bank foreign exchange here.
Spot gold had slipped by 0.1 percent to $1,328.65 an ounce at 0130 GMT and was down for a fourth straight session. Prices fell 1.3 percent on Tuesday, in their biggest one-day percentage decline since Dec. 7, 2017.
Spot gold was down 0.4 percent at $1,341.20 an ounce at 0340 GMT. Earlier, it fell to as low as $1,340.16, the lowest since Feb. 14.
Spot gold was mostly unchanged at $1,317.51 an ounce, at 0321 GMT. Prices touched their lowest since Jan. 4 at $1,306.81 on Thursday.
Brent futures were down 38 cents or 0.6 percent, at $64.43 a barrel by 0146 GMT. On Thursday, Brent fell 1.1 percent to its lowest close since Dec. 20.
A list of important headlines from across news agencies that could help in your trade today.
Spot gold on Friday declined 1.2 percent, its biggest one-day fall since Dec. 7. Last week, the metal saw its largest weekly decline since the week-ending Dec. 8.
Yellen tells CBS' "Sunday Morning" that the stock market, despite the Dow's 665-point drop Friday, is high, and that the financial system is in better shape to handle a sharp sell-off than it was during the 2008 financial crisis.
Spot gold was down 0.2 percent at $1,342.70 per ounce at 0112 GMT.
The Federal Reserve said it expects inflation to move up this year — a possible signal of faster rate increases ahead.
Spot gold had risen 0.2 percent to $1,341.15 per ounce by 0359 GM. In the previous session, it touched its lowest since Jan. 23 at $1,334.10 an ounce.
Spot gold was up 0.3 percent at $1,331.10 an ounce by 0324 GMT. Gold on Thursday touched its weakest level since Jan. 12 at $1,323.70, having fallen from recent four-month highs.
Forex dealers said the dollar was weak against other currencies overseas which supported the rupee.
Fuelled both by consumer and business spending, the economy should grow at about a 2.5 percent pace this year, though the recently passed tax cuts could drive growth even faster and will continue to provide a lift to the economy next year as well, Mester said.
A San Francisco Fed spokesman declined to comment to Reuters. The Wall Street Journal said it was unclear whether Williams is a front runner.
Spot gold was down 0.2 percent at $1,324.90 per ounce, as of 0402 GMT. Earlier in the session, it touched its lowest since Jan. 12 at $1,323.70.
The rupee opened lower at 64.0750 as against yesterday's closing level of 64.04 at the inter-bank foreign exchange here on trade deficit concerns. Later, it bounced back smartly on subdued dollar overseas to trade 63.75 before quoting at 63.95 per dollar at 1030 hrs.
Spot gold was up 0.3 percent at $1,341.96 an ounce by 0123 GMT. It touched its strongest since Sept. 8 at $1,344.44 on Monday.
The rupee came under pressure as trade deficit widened to three-year high at USD 14.88 billion in December,government data showed yesterday, imports surged nearly 21.1 per cent year-on-year to USD 41.90 billion last month while exports grew 12.4 per cent on-year to USD 27.03 billion.
Prices have been driven up by production curbs in OPEC nations and Russia, as well by robust demand on the back of healthy global economic growth.
Spot gold was up 0.2 percent at $1,340.72 an ounce by 0302 GMT, after touching its strongest since Sept. 8 at $1,342.06
The rupee opened higher at 63.60 per dollar from yesterday's closing level of 63.66 at the inter-bank foreign exchange market today.
U.S. West Texas Intermediate (WTI) crude futures were at $63.50 a barrel at 0529 GMT, 7 cents below their last settlement, but still close to a December-2014 high of $63.67 per barrel reached the previous day.
Spot gold was up 0.2 percent at $1,318.98 an ounce by 0242 GMT. Prices rose to as high as $1,326.56 an ounce on Wednesday, the most since Sept. 15.
Several policymakers are encouraging the U.S. central bank to review its method for controlling inflation and consider a system that makes up for weak inflation in one year by allowing prices to rise more quickly in future years so that the overall level, over time, stays on a set path.