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Gold hits new record high amid Federal Reserve chief's warning

Bullion gained as much as 0.4% to $3,357.78 an ounce, after adding 3.5% on Wednesday in its biggest one-day gain since March 2023.
Published on Apr 17, 2025 07:20 AM IST

US stocks dip, dollar weakens after Jerome Powell flags tariff concerns

US equities opened lower, shrugging off solid retail sales data. But the market dropped much more after Powell warned that Trump's tariffs could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment. (File)
Published on Apr 17, 2025 03:18 AM IST

Gold crosses 95,000 for the first time as dollar weakens, trade war persists

One of the reasons why this came about was the US dollar weakening by 0.65%, as per data from Bloomberg's Dollar Index Spot.
Published on Apr 16, 2025 04:33 PM IST

China's yuan ends at 1-month low as markets brace for Trump's tariff plan

A half percent move in renminbi actually is considered quite big, given that the fixing is stable.
Published on Apr 02, 2025 02:51 PM IST

Markets brace for Trump's tariffs, dollar holds steady amid economic concerns

As investors prepared for retaliatory tariffs that US President Donald Trump is expected to announce on Wednesday, the dollar remained mostly stable on Tuesday.
Published on Apr 01, 2025 10:12 PM IST
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