Gold and Silver Plunge as Strait of Hormuz Blockade Fears Trigger Global Market Sell-Off
Precious metals traded under significant pressure on Monday, reacting sharply to fresh geopolitical tensions. The global sentiment took a downturn after the US announced a blockade of the Strait of Hormuz...
Seoul, April 10 – South Korea's central bank kept its benchmark rate unchanged on Friday, as uncertainty in the Middle East prompted a cautious stance amid risks of inflation, currency weakness, and slower growth.In a widely anticipated decision, the Monetary Policy Board of the Bank of Korea...
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Rupee Performance Amid Global Uncertainty
New Delhi, March 30 – Finance Minister Nirmala Sitharaman stated on Monday that India’s economic fundamentals remain robust, and the Indian rupee is performing well against the US dollar when compared to other emerging market economies.
Rupee...
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Gold, Silver Prices Seen in Corrective Phase Next Week Amid West Asia Tensions and Key Global Data
New Delhi, March 29
Precious metal prices are likely to remain in a corrective phase in the coming week as investors closely monitor geopolitical developments in West Asia and a series of key...
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New Delhi, March 25 Gold prices rose by Rs 5,091 to Rs 1.44 lakh per 10 grams in futures trading on Wednesday, driven by strong global trends and a weak US dollar.On the Multi Commodity Exchange, gold for the April contract increased by Rs 5,091, or 3.66 per cent, to Rs 1,44,003 per 10 grams...
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South Korean Won Rises as Trump Signals End to Middle East Conflict
Seoul, March 25 – The South Korean won strengthened against the US dollar on Wednesday following indications from US President Donald Trump regarding a potential resolution to the escalating Middle East conflict.The won opened...
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Gold and Silver Prices Plunge Amid Strong Dollar, Rising Yields, and Geopolitical Tensions
New Delhi, March 23 – Gold and silver prices tumbled sharply on Monday, driven by profit-taking, a stronger US dollar, and rising real yields.MCX April gold futures fell 6.91% to ₹1,34,506 per 10 grams...
Bond Yields Rise to 14-Month High Amid Geopolitical Concerns
Mumbai, March 23 – The benchmark bond yield in India climbed to a 14-month high on Monday, driven by rising Brent crude oil prices and escalating tensions in the Middle East.Bond Market Reaction
The yield on the 10-year government...
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Indian Rupee Hits Record Low of 93.12 Against US Dollar Amid West Asia Tensions
Rupee Weakens Sharply as Global Risks Intensify
Mumbai, March 20: The Indian rupee plunged to a record low on Friday, falling to 93.12 against the US dollar, as escalating conflict in West Asia disrupted global...
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South Korea’s Per Capita Income Rises Slightly in 2025 as Weak Won Limits Dollar Gains
Per Capita GNI Stays in the $36,000 Range
South Korea’s per capita income recorded only marginal growth in 2025, as the depreciation of the Korean won against the US dollar offset stronger gains in local...
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Indian Rupee Opens Near Record Low as Oil Price Surge and Global Risk-Off Sentiment Weigh on Currency
Rupee Opens Sharply Weaker on Monday
The Indian rupee opened sharply weaker on Monday, hovering close to its all-time low as a surge in crude oil prices and a broad risk-off mood across global...
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Rupee Depreciation Boosts IT Stocks on March 4
The Nifty IT index emerged as the only sectoral gauge trading in positive territory on Wednesday, as the Indian rupee weakened sharply to a fresh record low of 92.28 against the US dollar on March 4.The sharp depreciation in the domestic currency...
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New Delhi, February 24: Gold prices advanced in the national capital on Tuesday, climbing Rs 400 to Rs 1,63,200 per 10 grams, as sustained buying by dealers and a weaker rupee supported domestic rates, according to local market traders.The precious metal of 99.9 percent purity had closed at Rs...