MUMBAI: The rupee briefly regained 84 levels to touch a 2025 high of 84.97 against the dollar on Friday as the greenback weakened globally before closing at 85.24, up 19 paise from Thursday’s close of 85.43. The strengthening of the rupee is expected to hurt exporters. The dollar index, which tracks the greenback’s movement against six major currencies, was down …
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Gold shines amid turmoil, logs new high at Rs 85k/10gm – The Times of India
HYDERABAD: Gold soared to lifetime high of $2883/ounce in the international spot market on Wednesday evening following US President Donald Trump’s tariff threats and amid geopolitical tensions. This sent the yellow metal hurtling to new highs of around Rs 85,000/10gm (24K without import duty & taxes) in local markets as the rupee plunged to a record low.According to HDFC Securities, …
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