United States Dollar

Gold off 2-month low but headed for 4th losing week

Apart from weak economic data from China, gold has also been hit by US Treasury yields climbing to multi-month highs and an increase in the cost of dollar funding.

Gold rises but gains may be capped on doubling of import duty

Gold added $9.35 to trade at $1,662.84 an ounce after posting a 3 percent fall last week in its second-biggest weekly decline this year, on fading expectations of more monetary easing in the United States.

Rupee down 17 paise, breaches 50-mark as dollar demand rises

Traders said the increased demand for the US currency from importers and weak opening in the equity market put pressure on the rupee.

Gold at 2-week high on gains in equities, euro

Sentiments are positive after the Fed's action and the huge rally in Wall Street last night

Wall Street ends up on data, euro slips on debt fears

Meanwhile, oil prices finished at a 16-week high after data showed US retail sales in October rose more than forecast by economists.

Rupee snaps 3-day winning spree vs dollar, drops 37 paise

Forex dealers said fresh dollar demand from banks and importers on the back of a firm dollar in the overseas market mainly affected the rupee value against the dollar.

Rupee posts biggest single session fall in 3 weeks

The partially convertible rupee ended at 49.335/345 per dollar, 0.7 percent down from its previous close, making it the largest single session drop since Sept 22.

Gold is still a safe haven. Here's why

In fact, gold remains one of the best-performing asset classes of 2011 and recent falls have only wiped out the gains of August. The precious metal's price is still 13 percent higher this year.

Why the rupee is marching to its own gloomy beat

The rupee is in a decline of its own making. But the stock markets seem to be holding up. What is the reason for this divergence?

RBI, oil firms discuss potential dollar purchase measures

After rupee hitting a lifetime low of 57.25 to dollar, RBI has asked the state-run oil firms to steer 50 percent of their dollar purchases through a single state-owned bank.