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  • Gold holds steady on softer dollar, investors eye Jerome Powell's speech Aug 27, 2020 09:15 AM IST

    Gold holds steady on softer dollar, investors eye Jerome Powell's speech

    Powell is set to speak at a virtual Jackson Hole symposium on Thursday, where he is expected to provide more insight on the U.S. central bank's strategy on inflation and monetary policy.

  • Indian rupee settles 3 paise higher at 74.30 against US dollar Aug 26, 2020 02:35 PM IST

    Indian rupee settles 3 paise higher at 74.30 against US dollar

    At the interbank forex market, the domestic unit opened at 74.34, against Tuesday's closing of 74.33 and finally ended at 74.30 against the greenback, higher by 3 paise over its previous close.

  • Indian rupee pares early gains, settles 1 paisa down at 74.33 against US dollar Aug 25, 2020 02:42 PM IST

    Indian rupee pares early gains, settles 1 paisa down at 74.33 against US dollar

    At the interbank forex market the domestic unit witnessed highly volatile trade. It opened on a strong note at 74.17, but lost ground during the day and finally ended at 74.33 against the greenback, down 1 paisa over its previous close of 74.32 against the American currency.

  • Gold ticks higher as dollar slips; focus turns to Jerome Powell's speech Aug 25, 2020 09:45 AM IST

    Gold ticks higher as dollar slips; focus turns to Jerome Powell's speech

    Spot gold was up 0.2% to $1,935.88 per ounce by 0335 GMT. U.S. gold futures gained 0.1% at $1,941.60.

  • Indian rupee settles 6 paise lower at 74.90 against US dollar Aug 14, 2020 03:03 PM IST

    Indian rupee settles 6 paise lower at 74.90 against US dollar

    At the interbank forex market, the local unit opened at 74.85 against the US dollar, then lost ground and finally settled at 74.90 against the American currency, registering a decline of 6 paise over its previous close of 74.84.

  • Gold falls below $1,900 level as US dollar, yields rise Aug 12, 2020 09:45 AM IST

    Gold falls below $1,900 level as US dollar, yields rise

    Spot gold declined as much as 2% to a near three-week low of $1,872.19, resuming its free fall after a brief hiatus in early trade. It was down 1.1% to $1,889.59 by 0330 GMT, extending losses after a 6% plunge on Tuesday. U.S. gold futures slid 2.4% to $1,900.

  • Indian rupee settles 12 paise higher at 74.78 against US dollar Aug 11, 2020 02:42 PM IST

    Indian rupee settles 12 paise higher at 74.78 against US dollar

    At the interbank forex market, the local unit opened at 74.83 against the US dollar, then gained further ground and finally settled at 74.78, up 12 paise over its previous close of 74.90 against the American currency.

  • Indian rupee settles nearly flat at 74.93 against US dollar Aug 07, 2020 03:25 PM IST

    Indian rupee settles nearly flat at 74.93 against US dollar

    Starting off on a tepid note, the rupee fell to a low of 75.04, but recovered slightly thereafter and moved in a narrow band throughout the session. It finally settled at 74.93, gaining 1 paisa over its previous close.

  • Indian rupee settles flat at 74.94 against US dollar after RBI keeps rates on hold Aug 06, 2020 02:45 PM IST

    Indian rupee settles flat at 74.94 against US dollar after RBI keeps rates on hold

    At the interbank forex market, the domestic unit had opened strong at 74.82 against the greenback, but lost ground during the day and finally settled at 74.94 against the American currency, unchanged from its previous close.

  • Gold extends record rally on softer dollar, stimulus bets Aug 05, 2020 08:55 AM IST

    Gold extends record rally on softer dollar, stimulus bets

    Spot gold hit a record high of $2,030.72 in early Asian trade around 0234 GMT, but later dipped to $2,014.41, with the slight retreat attributed to profit-taking.

  • Indian rupee settles 3 paise down at 75.04 against US dollar Aug 04, 2020 02:42 PM IST

    Indian rupee settles 3 paise down at 75.04 against US dollar

    The rupee opened weak at 75.13 at the interbank forex market, then pared some of its early losses to settle at 75.04 against the US dollar, down 3 paise over its previous close of 75.01 against the greenback.

  • Gold rockets toward $2,000 as Fed stimulus sinks dollar Jul 28, 2020 07:30 AM IST

    Gold rockets toward $2,000 as Fed stimulus sinks dollar

    The prospect of endless stimulus allowed Asian shares to shake off coronavirus concerns and Sino-U.S. tensions to make early gains.

  • Gold price today: Indian futures rise as global prices climb to 9-year high Jul 22, 2020 09:42 AM IST

    Gold price today: Indian futures rise as global prices climb to 9-year high

    Gold and silver prices remain firm and further stimulus talks from developed economies and weakness in dollar index will continue to support prices.

  • Gold sprints to nine-year peak on softer dollar, stimulus bets Jul 22, 2020 09:15 AM IST

    Gold sprints to nine-year peak on softer dollar, stimulus bets

    Spot gold was up 0.9% at $1,857.86 per ounce by 0232 GMT, after hitting its highest since September 2011 at $1,865.35 earlier in the session. U.S. gold futures rose 0.8% to $1,858.20.

  • Indian rupee settles 17 paise higher at 74.74 against US dollar Jul 21, 2020 02:42 PM IST

    Indian rupee settles 17 paise higher at 74.74 against US dollar

    During the session, it touched an intra-day high of 74.73 and a low of 74.87 against the US dollar and finally settled at 74.74, up 17 paise over its previous close.

  •  These 13 stocks are likely to benefit the most from a stronger rupee: ICICI Direct Jul 10, 2020 01:05 PM IST

     These 13 stocks are likely to benefit the most from a stronger rupee: ICICI Direct

    India is a major beneficiary of improved global liquidity on lower crude prices. Cheaper crude is a big positive for the Indian economy in such trying times.

  • Indian rupee pares initial gains, settles 2 paise down at 74.68 against US dollar Jul 06, 2020 02:36 PM IST

    Indian rupee pares initial gains, settles 2 paise down at 74.68 against US dollar

    Forex traders said positive equities, foreign fund inflows and weak US currency supported the local unit, however rising COVID-19 cases weighed on investor sentiment.

  • Indian rupee jumps 38 paise to close at 74.66 against US dollar Jul 03, 2020 02:41 PM IST

    Indian rupee jumps 38 paise to close at 74.66 against US dollar

    Forex traders said investors were bullish on emerging market assets following encouraging vaccine test results. Moreover, positive domestic equities, steady crude oil prices and weak US currency supported the local unit.

  • Indian rupee settles 7 paise higher at 75.58 against US dollar Jun 29, 2020 02:30 PM IST

    Indian rupee settles 7 paise higher at 75.58 against US dollar

    Forex traders said weak domestic equities, foreign fund outflows and rising COVID-19 cases weighed on investor sentiments. However, weak American dollar supported the local unit and restricted the decline.

  • Indian rupee settles flat at 75.65 against US dollar Jun 26, 2020 02:41 PM IST

    Indian rupee settles flat at 75.65 against US dollar

    The rupee opened on a strong note at the interbank forex market at 75.51 against the US dollar, but pared the initial gains and settled at 75.65 against the US dollar, unchanged against its previous close.

  • Indian rupee surges 17 paise to 76.03 against US dollar Jun 22, 2020 02:45 PM IST

    Indian rupee surges 17 paise to 76.03 against US dollar

    At the interbank foreign exchange market, the rupee opened strong at 76.16 and it further rushed to touch a high of 75.98 during the trade.

  • Major central banks to cut frequency of dollar-funding operations: Bank of Japan Jun 19, 2020 04:06 PM IST

    Major central banks to cut frequency of dollar-funding operations: Bank of Japan

    In view of improvements in US dollar funding conditions and after consulting with the US Federal Reserve, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank have jointly decided to reduce the frequency of their seven-day operations from daily to three times a week, the BOJ said in a statement.

  • Indian rupee settles 6 paise lower at 76.20 against US dollar Jun 19, 2020 02:30 PM IST

    Indian rupee settles 6 paise lower at 76.20 against US dollar

    Forex traders said factors like strengthening US dollar, rising coronavirus cases and border tension between India and China dragged down the local unit, while positive domestic equities and fresh foreign fund inflows supported the rupee and restricted the decline to some extent.

  • Gold ticks higher on virus fears; firm dollar limits upside Jun 19, 2020 11:50 AM IST

    Gold ticks higher on virus fears; firm dollar limits upside

    Spot gold rose 0.2% to $1,725.88 per ounce by 0506 GMT. The bullion has fallen 0.3% so far this week. U.S. gold futures rose 0.2% to $1,735.10.

  • Indian rupee pares initial gains, settles 17 paise down at 76.20 against US dollar Jun 16, 2020 02:56 PM IST

    Indian rupee pares initial gains, settles 17 paise down at 76.20 against US dollar

    In a massive rise of border tension, an Indian Army officer and two soldiers were killed during a violent confrontation with Chinese troops in the sensitive Galwan Valley in eastern Ladakh on Monday night, the Army said.

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