Analysts said erratic trade and tariff signals from the Trump administration have shaken confidence in U.S. assets, driving investors toward gold. Silver, platinum and palladium also gained sharply, with silver hitting fresh record highs. | Photo Credit: style-photography Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as […]
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue into the future. Here’s what you need […]
The Indian rupee plunged to a fresh all-time low today, as dollar demand from corporates and importers outweighed early moves and compounded existing pressure on the currency. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters) The rupee slipped […]
The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US dollar and diversify its forex reserves, joining a broader shift by some major economies out of the world’s biggest bond market. A man walks past a logo of the Reserve […]
The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise. The initiative to link BRICS digital currency to potentially bypass the US dollar can irk Donald Trump, […]
Apple Inc. has chosen Google Gemini over ChatGPT to power its AI technology as well as Siri in a multi-year deal, in what is seen as a big win for Alphabet Inc. over Sam Altman’s OpenAI in the global AI race. The Apple-Google deal unlocks unlocks two billion active Apple devices for Google Gemini to […]
The Reserve Bank of India (RBI) has once again resorted to heavy intervention to strengthen the rupee past the 90/dollar mark after a dip at the open, six traders said on Wednesday. An intervention by the Reserve Bank of India (RBI) strengthened rupee past the 90/dollar mark on Wednesday, 7 January 2026. (Reuters) The rupee […]
Deutsche Bank AG clinched the top slot arranging dollar bonds for Indian borrowers for the first time since 2007, taking over from Standard Chartered Bank as foreign currency debt issuance slowed. Deutsche Bank’s ascent came as Indian firms scaled back sales of foreign debt. (Reuters) The bank helped raise dollar bonds for a group of […]
The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters) What’s the rupee rate today? The rupee […]
The Indian rupee’s slide to repeated record lows against the US dollar is finally starting to pinch the equity outlook, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.2 trillion stock market. The Indian Rupee is Asia’s worst performing currency against the US dollar in 2025. (Reuters) Asia’s […]