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Gold Hits Record Highs in 2024, Outperforms Global Assets

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

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12 Dec 2024 21:19 PM 1.28k views

Gold Hits Record Highs in 2024, Outperforms Global Assets

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

Business

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

Finance & Economics

02 Dec 2024 01:22 AM 1.09k views

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

Finance & Economics

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

The Indian rupee opened flat at 84.24 against the US dollar on Thursday, following a slight dip of 11 paise to close at 84.45 on Wednesday. On Tuesday, it had closed at 84.34. The minor decline reflects the ongoing volatility in the foreign exchange market. The rupee had also opened weaker by 5 paise at 84.39 on Wednesday morning. Analysts predict that the rupee's range for the day will likely stay between 84.30 and 84.50. Anil Kumar Bhansali, head of treasury and executive dire

Business

28 Nov 2024 00:52 AM 994 views

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

The Indian rupee opened flat at 84.24 against the US dollar on Thursday, following a slight dip of 11 paise to close at 84.45 on Wednesday. On Tuesday, it had closed at 84.34. The minor decline reflects the ongoing volatility in the foreign exchange market. The rupee had also opened weaker by 5 paise at 84.39 on Wednesday morning. Analysts predict that the rupee's range for the day will likely stay between 84.30 and 84.50. Anil Kumar Bhansali, head of treasury and executive dire

Business

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

27 Nov 2024 00:58 AM 1.28k views

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

The Indian rupee opened at 84.39 against the US dollar on Wednesday, remaining near its all-time low of 84.4162. The Reserve Bank of India (RBI) is continuing its efforts to stabilize the currency, with analysts Amit Pabari and Anil Kumar Bhansali suggesting that the ce

Business

13 Nov 2024 04:12 AM 905 views

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

The Indian rupee opened at 84.39 against the US dollar on Wednesday, remaining near its all-time low of 84.4162. The Reserve Bank of India (RBI) is continuing its efforts to stabilize the currency, with analysts Amit Pabari and Anil Kumar Bhansali suggesting that the ce

Business

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#us-dollar

Gold Hits Record Highs in 2024, Outperforms Global Assets

Gold Hits Record Highs in 2024, Outperforms Global Assets

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

Garlic: Beyond Culinary Delight

77% of Gen Z Jobseekers Bring Parents to Interviews, Let Them Negotiate Salaries: Study

US, UK, China warn against travel to India-Pakistan border after Operation Sindoor

Cloud Contracts and AI Boom Push Oracle’s Ellison Ahead of Zuckerberg in Billionaire List

Pawan Khera Targets Tharoor Over Strike Remarks

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

Violence in D.C. neighborhoods raises doubts over official crime statistics

Health Benefits of Sesame Seeds: A Nutrient-Packed Superfood

PPF account guidelines for NRIs: Key rules, tax benefits, and maturity terms

Iran retaliates after US-Israel attacks as Khamenei compound destroyed in Tehran

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Garlic: Beyond Culinary Delight

77% of Gen Z Jobseekers Bring Parents to Interviews, Let Them Negotiate Salaries: Study

​US, UK, China warn against travel to India-Pakistan border after Operation Sindoor

Cloud Contracts and AI Boom Push Oracle’s Ellison Ahead of Zuckerberg in Billionaire List

Pawan Khera Targets Tharoor Over Strike Remarks

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

Violence in D.C. neighborhoods raises doubts over official crime statistics

Health Benefits of Sesame Seeds: A Nutrient-Packed Superfood

PPF account guidelines for NRIs: Key rules, tax benefits, and maturity terms

Iran retaliates after US-Israel attacks as Khamenei compound destroyed in Tehran

#us-dollar

Gold Hits Record Highs in 2024, Outperforms Global Assets

Gold Hits Record Highs in 2024, Outperforms Global Assets

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

Garlic: Beyond Culinary Delight

77% of Gen Z Jobseekers Bring Parents to Interviews, Let Them Negotiate Salaries: Study

​US, UK, China warn against travel to India-Pakistan border after Operation Sindoor

Cloud Contracts and AI Boom Push Oracle’s Ellison Ahead of Zuckerberg in Billionaire List

Pawan Khera Targets Tharoor Over Strike Remarks

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

Violence in D.C. neighborhoods raises doubts over official crime statistics

Health Benefits of Sesame Seeds: A Nutrient-Packed Superfood

PPF account guidelines for NRIs: Key rules, tax benefits, and maturity terms

Iran retaliates after US-Israel attacks as Khamenei compound destroyed in Tehran

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US, UK, China warn against travel to India-Pakistan border after Operation Sindoor

US, UK, China warn against travel to India-Pakistan border after Operation Sindoor