← Top stories
Market move● Neutral for Indian equities
Gold Falls; U.S. Dollar, Yields Key Obstacles for Price Gain
The brief
- Gold fell as the US dollar and Treasury yields impeded a return to its broader bullish path
- Gold weakness can reduce collateral values for Indian gold-loan lenders
- US dollar reaches 17-month high as global bond rout hits euro
- Dollar Hits 3-Month High on Prospect of Higher U.S. Rates
- Bears maintain grip on oil-importing Asian currencies as crude prices bite
- RBI forex swaps open lower-cost dollar funding route for Indian firms
- Dollar stays near two-month high as rising US Treasury yields support it