Gold Silver Reports (GSR) – Rupee trades higher against US dollar –Â The Indian rupee strengthened against the US dollar, tracking gains in local equity and Asian currencies market.
At 9.15am, the rupee was trading at 68.72 a dollar, up 0.20% from its previous close of 68.85. The currency opened at 68.77 a dollar.
The 10-year bond yield stood at 7.788%, from its Friday’s close of 7.786%. Bond yields and prices move in opposite directions.Â
Gold Silver Reports (GSR) – Rupee recovers from record low against US dollar – The Indian-rupee (â‚ą) along with Asian currencies-reversed earlier declines on Friday triggered by China weakening the yuan’s daily fixing by the most in more than two years.
Gold Silver Reports (GSR) – Gold Will Rally To At Least $1700 — Lior Gantz — During this 40+ minute interview, Jason asks Lior about the current global macro situation given the Fed hiking rates this week and the ECB and BOJ still doing QE and whether a strong US Dollar on the US Dollar Index (because of a mostly weak Euro) will be a strong headwind for gold?
Gold Silver Reports (GSR) – Rupee Rebounds From Five-Month Low Against U.S. Dollar – After opening higher, the rupee shed 3 paise to 65.29 against the U.S. dollar in early trade today despite better-than-expected inflation numbers released yesterday.
đź‘ŤÂ Rupee opened marginally higher at 64.87 per dollar against yesterday’s close of 64.89.
Gold Silver Reports – Rupee Hits Two-Month Low Against US Dollar, Bond yields at Two-Year High — The Indian rupee on Tuesday hit a two-month low against the US dollar as foreign investors continued to liquidate their positions in local equity markets.
Gold Silver Reports – Gold bulls have something to cheer about today even before the champagne corks fly on Sunday night.