Gold (XAU/USD) price is holding in a bullish territory after climbing from the start of the week’s low near $1,821 and reaching a high of $1,847. However, the yellow metal finished with a loss on Thursday, following three three-day winning streak, as strength in the U.S. dollar weighed. The US Dollar Index, DXY,a measure of the greenback’s strength against a basket of rivals, gained 0.6% to 105.102
The stock fell as much as 10% to Rs 1,407 apiece after the large trade.
The company emerged as the lowest bidder for manufacturing-cum-maintenance of Vande Bharat train sets, including upgradation of the government manufacturing units and trainset depots, in joint venture with selected partners.
Silver stays firm after rallying more than 6% on Monday on investors’ flight to safety following the collapse of the Silicon Valley Bank and Signature Bank. Nevertheless, worries about a potential spread had waned. At the time of writing, the XAG/USD (Silver) exchanges hands at $21.68 a troy ounce.
Shares of Paytm parent, One 97 Communications Ltd. declined 6.75% to Rs 592.2 apiece in trade on Tuesday.