Yen trims weekly advance as investors weigh BOJ, election impacts

Yen trims weekly advance as investors weigh BOJ, election impacts

The yen edged lower on Friday, trimming its sharpest weekly gain in more than four months, as traders considered the impact of potential rate increases by the Bank of Japan and a leadership election this weekend. BOJ Governor Kazuo Ueda reiterated that the central bank would continue raising interest rates if the economy and prices … Read more

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity appreciated Rs 1,800 … Read more

Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold prices dropped Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 1,00,420 per 10 grams in the previous market close. In the local market, … Read more

Gold climbs Rs 800 to scale new record of Rs 1,03,420 per 10 gram

Gold climbs Rs 800 to scale new record of Rs 1,03,420 per 10 gram

Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity added Rs 3,600 in the preceding session to hit a … Read more

Gold falls Rs 160 to Rs 99,800 per 10 g; silver trades flat

Gold falls Rs 160 to Rs 99,800 per 10 g; silver trades flat

Gold price fell by Rs 160 to Rs 99,800 per 10 grams in the national capital on Monday due to continuous selling by jewellers and stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 99,960 per 10 grams on Friday. Gold of 99.5 per … Read more

Rupee ends lower on foreign banks’ dollar bids, dip in regional peers

Rupee ends lower on foreign banks’ dollar bids, dip in regional peers

The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline. The rupee closed at 84.4325 against the U.S. dollar, down 0.2% on the day. The offshore Chinese yuan retreated from a near six-month high hit on Monday on … Read more

Gold climbs Rs 200 to Rs 99,400/10 gm amid renewed concerns over US-China standoff

Gold climbs Rs 200 to Rs 99,400/10 gm amid renewed concerns over US-China standoff

Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity took a U-turn from the historic Rs 1 lakh-mark and declined Rs … Read more

Promoter Ajay Singh sells nearly 1% stake in SpiceJet for Rs 52 crore

Promoter Ajay Singh sells nearly 1% stake in SpiceJet for Rs 52 crore

Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction. According to the bulk deal data on the BSE, Ajay Singh sold over 1.15 crore shares, amounting to a 0.9 per cent stake in … Read more