The rupee resumed lower at 61.15 per dollar as against the last weekend's level of 61.07 at the Interbank Foreign Exchange market and hovered in the range of 61.15 and 61.28 before quoting at 61.24 per dollar at 1030 hours.
Analysts worry that without more fundamental reforms, India will struggle to contain its record high current account deficit and hence support the rupee.
Countering the opposition claim that farmers across the country are agitated over the three new laws, he said that those in just one state are being misinformed and instigated.
The government and the farmers must come back to the negotiating table with only the interest of the country in mind, suggests Vivek Gumaste.
Silver also recorded a significant rise of Rs 950 to Rs 38,750 per kg.
The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.
Dealers said the country's trade balance numbers were inline with expectations as India's exports rose an annual 0.8 per cent in January and imports for the month rose 6 per cent, leaving a trade deficit of $20 billion.
Traders said emergence of buying at existing lower levels to meet the ongoing marriage season demand mainly led to recovery in gold prices.
The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
When journalism is destroyed, what is destroyed is a common man's weapon against the might of the establishment, notes Sumit Bhattacharya.
Bajpai said he quit the AAP as he felt "suffocated" over the "misbehaviour and insult" meted out by the party and claimed that several other legislators of the ruling party in the national capital felt the same way.
The partially convertible rupee closed at 60.19/20 per dollar versus its close of 59.75/76 on Wednesday after earlier gaining to a one-week high of 59.57.
The Bharatiya Janata Party on Wednesday played down the remark made by Shiromani Akali Dal leader and Punjab Deputy Chief Minister Sukhbir Singh Badal on backing Foreign Direct Investment in retail if the United Progressive Alliance government addresses the concerns of traders.
Silver, however, declined by Rs 220 to Rs 35,180 per kg.
Scattered low level buying by retailers helped gold prices to trade marginally higher.
Sinha said the youth, farmers and the traders were dissatisfied with present policies of the saffron party.
Addressing the party workers and people of Bihar through a virtual rally, he attacked the opposition Rashtriya Janata Dal saying the growth rate of the state was just 3.9 per cent when the party was in power, but it rose to 11.3 per cent under the NDA.
Can Modi enthuse BJP workers to pursue the end of single-use plastic with the same vigour and enthusiasm as they celebrated the attack on a neighbour, asks Aditi Phadnis.
Why you are so egoistic? You have branded everyone in the country a black marketeer and have yourself turned into a saint ," Banerjee said.
Around 8 out of every 10 cars manufactured in the UK is now exported, bound for one of 160 markets worldwide
A drop in demand from local jewellers and retailers at current levels weighed on the prices
To tackle the resultant inflation, the Indira Gandhi government had imposed price controls on manufactured products, including soaps and vanaspati, in 1973.
Yadav said the nationwide strike has affected over 35 lakh (3.5 million) people.
Intriguingly, the agenda for the Cabinet meeting convened on Wednesday evening has not been circulated as the government wants to study the Opposition's mind before deciding how the Cabinet handles the FDI-in-retail decision it had taken on November 24.
Gold on Thursday slipped from record highs by losing Rs 200 to Rs 30,200 per 10 grams in the national capital due to meagre demand for the precious metal at prevailing high levels.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
Selling gathered momentum as gold dropped in global markets before a report that may show US employers added more jobs last month, reducing the appeal of bullion as a haven, traders said.
Traders are looking ahead at the consumer prices data due on Wednesday, amid rising expectation the Reserve Bank of India could opt for earlier-than-expected cuts in interest rates should inflation continue to ease.
Money 'collected' as donations from traders in Kolkata nurture Bengal's terror networks.
'If the BJP comes back to power, Sterlite will open in one week.' 'If the Congress comes to power, it will open in one month.'
Gold drifted lower by Rs 200 to trade at one-week low of Rs 31,050 per ten grams.
The dollar's weakness against other currencies overseas and a higher opening in the domestic equity market supported the rupee, forex dealers said.
Mangoes from India are popular in the Middle East, the Far East, the United States and European countries.
Gold on June 6 hit a fresh all-time high by adding Rs 100 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend. Silver followed suit, and shot up by Rs 1,200 to Rs 55,500 per kg on increased offtake by industrial units and coin makers.
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
Globally, gold fell 0.14 per cent to $1,250.10 an ounce.
Dutch theatre artiste Caroline Bech will be cast opposite Malayalam superstar Mammootty
Silver also eased by Rs 160 to Rs 41,100 per kg.
Singh asserted that the people have made up their minds to vote out the government
Media, brokers and bullion traders have been predicting various numbers which gold will touch subsequently.