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Sugandha Sachdeva

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Traders turn bearish as gold loses glitter

A steep fall in gold prices and breaking of crucial technical support levels have led to an increase in bearish bets by traders, as reflected in rising open interest, which went up to 11,562 lots......

Gold prices to fall further on rupee gains

Gold prices are set to drop further in the domestic market, owing to the rupee’s appreciation. Last week, the Reserve Bank of India (RBI) had eased import norms for gold; it is expected the......

Rupee at 11-month high as BJP sweeps election

Narendra Modi-led BJP's thumping victory on Friday lifted the rupee to an 11-month closing high of 58.79 against the US dollar, adding 50 paise in the third straight day of gains as exporters sold......

3 reasons why gold prices will decline further

Gold prices are likely to decline further, amid expectations of a further rise in the rupee against the dollar and favourable policies after a stable government is formed at the Centre. Speculation......

Rupee drops 44 paise to 10-week closing low of 63.10 vs dollar

Succumbing to a rout in emerging markets, the rupee slipped past the 63-mark for the first time in ten weeks on Monday and closed 44 paise lower at 63.10 versus the dollar amid fears that further......

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