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US dollar has maintained its position as a global safe-haven currency, says IMF
Gold and silver price today, 16 April: Check live rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities
On April 16, gold prices in India gained slightly due to the US dollar's weakness. Check retail rates of gold and silver in major cities of the country.
Rupee rises against dollar in early trade: Factors driving the currency today
Indian rupee opens stronger at 93.17 per dollar as softer crude prices, easing geopolitical tensions and improved global risk sentiment support the currency.
Gold, silver edge higher as easing oil prices and global risk sentiment shape trade
Gold and silver rise as oil steadies, COMEX gold up 0.41% to $4869.90, silver up 1.22% to $80.50, boosted by softer inflation and weaker dollar.
Gold falls to near one-week low; silver drops over 2% on MCX
Gold and silver futures fell in India, tracking global declines as a stronger US dollar and surging oil prices cut rate cut hopes and pressured bullion despite West Asia tensions.
INR settles lower amid lingering geopolitical uncertainties; RBI measures help retain support near 3-week high
The Indian rupee pared initial gains and settled for the day 24 paise lower at 92.76 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict. Rupee witnessed high volatility as the deadline for the RBI's instructions to banks to curb their overnight positions to USD 100 million closes on Friday amid heightened geopolitical uncertainty. At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then lost ground to touch an intra-day low of 92.76 against the greenback. It also hit the day's high of 92.41 during the session. Indian shares rallied on Friday in a broad market rally even as fresh Israeli strikes on Lebanon cast doubt over the durability of the fragile U.S.-Iran ceasefire. The Sensex closed at 77,550.25 and the Nifty 50 ended at 24,050.60.
China uses West Asia conflict to advance yuan's global payments debut
Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises
TikTok plans second billion-dollar data centre in Finland in move to store European user data locally
The move follows parent company ByteDance successfully averting a US ban in January regarding data security, while European regulators simultaneously intensify scrutiny on social media platforms concerning child safety and addictive algorithmic designs.
Rupee strengthens ahead of RBI policy as oil slump, ceasefire lift sentiment
Rupee strengthens to 92.64 per dollar before RBI decision, helped by lower oil prices, global equity rally and Iran ceasefire easing Hormuz disruption fears.
Rupee near 93 against dollar amid oil spike, global jitters
Rupee slips 17 paise to 93.07 per dollar on strong dollar, high oil and foreign outflows, RBI curbs speculation, currency seen range bound before policy decision.
US Dollar Bulls Eyeing a Break Above 100 as Global Economy Faces a Tough Test - Investing.com India
US Dollar Bulls Eyeing a Break Above 100 as Global Economy Faces a Tough TestInvesting.com India
Why gold, silver are falling despite persistent global tensions
Gold and silver dip as a stronger US dollar and rising yields offset safe haven demand from US Iran tensions, complicating inflation and rate outlooks.