central bank interest rates

Gold slips Rs 300 to Rs 98,600/10 g, silver plunges Rs 1,000 amid weak global cues

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Gold slips Rs 300 to Rs 98,600/10 g, silver plunges Rs 1,000 amid weak global cues

Gold prices slipped Rs 300 to Rs 98,600 per 10 grams in the national capital on Wednesday due to unabated selling by stockists in line with weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 98,900 per 10 grams on Tuesday. Extending … Read more

10-year bond yield dips to 3-year low as policy easing bets rise

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10-year bond yield dips to 3-year low as policy easing bets rise

Indian government bond yields declined in early deals on Wednesday, with the 10-year benchmark yield falling to its lowest level in nearly three years, on growing optimism over the domestic central bank easing interest rates this week. The benchmark 10-year yield was at 6.6928%, as of 10:00 a.m. IST, compared with its previous close of … Read more