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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.

business

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)

business

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.

business

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.

business

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.

world news

Published on Apr 01, 2025 10:12 PM IST

What stirred America’s gold conspiracy rumours amid dollar anxiety?

The United States Depository for gold reserves stands in Fort Knox, Kentucky.

us news

Published on Mar 24, 2025 07:42 PM IST

Why Social Security payments could be delayed this month? Details here

The importance of keeping Social Security account records cannot be overstated, as Social Security benefits make up a sizable amount of many people's retirement income flow.

us news

Published on Mar 21, 2025 07:19 PM IST

Social Security overpayments: When will they begin and who will be impacted?

On March 27, 2025, the Social Security Administration (SSA) declared that it will start withholding 100% of Social Security benefits.

us news

Published on Mar 11, 2025 05:26 AM IST

Euro gains after Germany's conservatives win, USD drops over US growth worries

In the broader market, the dollar fell ahead of a busy week packed with U.S. economic data and speeches from various Federal Reserve officials.

business

Published on Feb 24, 2025 07:31 AM IST

Sitharaman quotes Raghuram Rajan to explain rupee dip in LS: ‘Reality is…'

FInance Minister Nirmala Sitharaman quoted her long-time critic Raghuram Rajan while explaining the dip in rupee

business

Published on Feb 11, 2025 07:32 PM IST

Rupee declines to 87.58, marking worst performance among Asian currencies

A day before a significant monetary policy decision, the Indian rupee fell to its lowest level ever on Thursday as a slide in its Asian counterparts exacerbated the already pessimistic outlook on the currency

business

Published on Feb 06, 2025 05:29 PM IST

Rupee hits record low of 87.29 against dollar as Trump tariffs spook investors

Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76%

business

Published on Feb 03, 2025 11:07 AM IST

Dollar falls amid Trump remarks; markets turn to tariffs, central bank actions

U.S. President Donald Trump

world news

Updated on Jan 24, 2025 01:30 AM IST

Gold set for weekly rise; market awaits Trump's policy moves

As focus shifted to U.S. President-elect Donald Trump's planned policy changes that might affect the future outlook for the economy and interest rates, gold gained ground on Friday due to a weaker U.S. dollar and safe haven flows. The metal is headed for a weekly gain

business

Published on Jan 03, 2025 10:11 AM IST

Rupee expected to open higher amid Dollar decline and RBI policy review

Before the RBI makes a rate decision, the dollar retreats to strengthen the rupee.

business

Published on Dec 06, 2024 09:26 AM IST

If you invested ₹10,000 in Bitcoin in 2010, it would now have become…

An employee watches an electronic signboard displaying the prices of Bitcoin and other cryptocurrencies at the lounge of Bithumb cryptocurrency exchange in Seoul, South Korea, Thursday, Nov. 21, 2024

business

Published on Nov 25, 2024 10:31 AM IST

China's yuan weakens to 3-1/2-month low as Trump tariff threat weighs

us news

Published on Nov 12, 2024 09:29 AM IST

Rupee falls to an all-time low as Donald Trump win pressures Asian currencies

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu.

business

Published on Nov 11, 2024 11:24 AM IST

Dollar slips before Federal Reserve rate cut decision

Powell may be likely to keep his options open however, and reiterate that the U.S. central bank remains data dependent given the uncertainty over how a Trump administration will play out.

us news

Updated on Nov 07, 2024 10:33 PM IST

Dollar, Bitcoin rally as early US votes boost ‘Trump trades’

The dollar index - which measures the currency against six major peers including the euro and yen - climbed 0.75% to 104.14 as of 0148 GMT.

business

Published on Nov 06, 2024 09:01 AM IST

Dollar dips as polls show Harris-Trump race on knife’s edge

This combination of file photos shows Republican presidential nominee former President Donald Trump, left, speaking at a campaign rally, Oct. 18, 2024, in Detroit, and Democratic presidential nominee Vice President Kamala Harris, right, speaking at a campaign rally in Green Bay, Wis., Oct. 17, 2024. (AP Photo)

world news

Published on Nov 04, 2024 12:11 PM IST