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Rupee sheds tears
Jul 20,2017

Rupee closed lower at 64.4750/4775 per dollar on Thursday (20 July 2017), versus its previous close of 64.3625/3675 per dollar.

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Rupee edges up further
Jul 18,2017

Rupee closed higher at 64.4125/4300 per dollar on Tuesday (18 July 2017), versus its previous close of 64.4425/4475 per dollar.

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Rupee sustains momentum
Jul 13,2017

Rupee closed higher at 64.54/5425 per dollar on Thursday (13 July 2017), versus its previous close of 64.6725/6800 per dollar.

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Rupee weakens
Jul 11,2017

Rupee closed lower on Tuesday (11 July 2017) at 64.7275/7300 per dollar, versus its previous close of 64.6750/6800 per dollar.

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Rupee gains
Jul 10,2017

Rupee closed higher at 64.6750/6800 per dollar on Monday (10 July 2017), versus its previous close of 64.75/7525 per dollar last Friday.

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Rupee pares gains
Jun 29,2017

Rupee settled lower at 64.86/8625 per dollar on Thursday (29 June 2017), versus its previous close of 64.5150/5175 per dollar.

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Small gains for bullions
Jun 28,2017

Bullion prices ended higher at Comex on Tuesday, 27 June 2017. Gold edged higher on Tuesday to notch its fourth gain in five sessions as the dollar dropped and U.S. equities weakened, drawing investor attention to the precious metal. Prices finished off the days best levels, however, losing ground as Federal Reserve Chairwoman Janet Yellen started speaking about global economic issues at an event in London in the minutes ahead of golds price settlement.

August gold added 50 cents, or less than 0.05%, to settle at $1,246.90 an ounce after touching an earlier high of $1,253.80. September silver rose 2 cents, or 0.1%, to $16.651 an ounce after trading as high as $16.73.

The ICE U.S. Dollar Index was down 0.9% and weakness in the greenback tends to boost demand for dollar-priced gold from investors using another currency.

U.S. data on Tuesday showed a larger-than-expected rise to 118.9 in the consumer confidence index also helped fuel a decline in gold and silver from the sessions highs.

Early Tuesday, gold had found some underpinning as geopolitics clouded trade, lifting the short-term attraction of haven investments including the yellow metal.

Gold has marked weekly declines in each of the past three weeks yet prices have climbed by around 8% year to daten++close to what they gained for all of last year.

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Rupee slips
Jun 27,2017

Rupee closed lower at 64.54/5450 per dollar on Tuesday (27 June 2017), versus its previous close of 64.5300/5325 per dollar last Friday.

The currency which was trading as low as 64.42 per dollar intra-day lost momentum thanks to weak domestic market cues.

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Bullions shine on Friday
Jun 26,2017

Bullion metals ended higher on Friday, 23 June 2017. Gold climbed for a third session in a row on Friday, but its rise on the back of declines in the U.S. dollar and recent weakness in assets perceived as risky wasnt enough to give the metals prices a boost for the week.

August gold rose $7, or 0.6%, to settle at $1,256.40 an ounce, with futures down a dime from last Fridays settlement, after posting losses in each of the past two weeks.

July silver gained 13.8 cents, or 0.8%, to $16.647 an ounce. For the week, silver lost a bit more than a penny.

A softening dollar helped to give precious metals get a lift on Friday, with the ICE U.S. Dollar Index, a measure of the greenback against a half-dozen currencies, down 0.4%. Slack in the dollar can give commodities priced in the currency a boost, making them cheaper for buyers using weaker currencies.

Although the Federal Reserve last week lifted benchmark interest rates and communicated its intention to normalize monetary policy and shrink its $4.5 trillion balance sheet, gold has climbed. Higher rates can dull the demand for gold in favor of investments that do offer a yield and vice versa.

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Indian currency market closed for Holiday
Jun 26,2017

Indian currency market is closed for trading on account of public holiday in observance of Id-Ul-Fitr (Ramzan ID). The market will resume trading on Tuesday.

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Rupee closes higher
Jun 23,2017

Rupee closed higher at 64.5300/5325 per dollar on Friday (23 June 2017), versus its previous close of 64.6225/6250 per dollar.

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Bullions turn bright
Jun 23,2017

Bullion prices ended higher at Comex on Thursday, 22 June 2016. Gold tallied back-to-back session on Thursday, as the precious metal tried to clamber off five-week lows struck earlier this week.

August gold added $3.60, or 0.3%, to settle at $1,249.40 an ounce after tacking on about 0.2% a day earlier. That was the highest settlement since Friday and it comes just three days after the contract finished Tuesday at its lowest since May 16. ,

July silver gained 13.5 cents, or 0.8%, to $16.509 an ounce.

The closely watched dollar index traded little changed as gold prices closed, lessening the currency-related headwind for commodities priced in the currency, including gold. A stronger dollar tends to make assets pegged to the buck more expensive to buyers using other monetary units. U.S. equities, meanwhile, traded mostly higher after an earlier struggle for direction.

Gold came under pressure earlier in the week, and that downbeat tone continues to cloud the market, as recent comments from Federal Reserve officials raised expectations for further increases in interest rates this year. Higher rates dull the demand for gold in favor of investments that do offer a yield.

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Rupee extends losing streak
Jun 22,2017

Rupee continued its losing streak to close lower on Thursday (22 June 2017) at 64.6225/6250 per dollar, versus its previous close of 64.5825/5875 per dollar.

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Rupee sags
Jun 21,2017

Rupee closed lower at 64.5825/5875 per dollar on Wednesday (21 June 2017), versus its previous close of 64.5700/5725 per dollar.

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Rupee Closes Lower
Jun 20,2017

Rupee closed lower at 64.5700/5725 per dollar on Tuesday (20 June 2017), versus its previous close of 64.4975/5025 per dollar on Monday.

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