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Tag "DOLLAR"

Rupee Likely to Depreciate Further to 78/USD in 2019: Report

Rupee Likely to Depreciate Further to 78/USD in 2019: Report 0

🕔11:19, 6.Feb 2019

According to Karvy’s Annual Commodity and currency report 2019, this is expected to be a “mixed year” for the commodities and currencies market and the rupee may depreciate further on account of twin-deficits.The rupee may depreciate to 78 per US

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Gold Recovers Above $1310, Remains in the Negative Territory

Gold Recovers Above $1310, Remains in the Negative Territory 0

🕔04:07, 5.Feb 2019

The XAU/USD pair slumped to a 6-day low of $1308.50 earlier in the day before staging a modest recovery in the NA session. As of writing, the pair was trading at $1314, losing 0.25% on a daily basis. The broad-based

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Gold Slips on Firm Dollar, Robust US Jobs Data

Gold Slips on Firm Dollar, Robust US Jobs Data 0 Updated

🕔04:16, 4.Feb 2019

Gold prices dipped slightly on Monday as the dollar held steady on upbeat U.S. jobs and factory data that prompted markets to reduce bets on a rate cut later this year.Spot gold was down 0.3 percent to $1,314.47 per ounce as

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