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June 17, 2025
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  • Fed meeting

Tag: Fed meeting

  • Commodity Market

Gold reaches an all-time high and is close to the $3,000 level.

guna@fastura.com3 months ago3 months ago02 mins

Due to continued concerns about the trade war and anticipation of a rate cut by the US Federal Reserve, safe-haven gold rose to a record high on Friday, trading near the crucial $3,000 threshold. At the Morning, the price of spot gold was steady at $2,990.54 an ounce. A record high of $2,993.80 was reached…

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  • NYMEX Market

Rupee hits its lowest point in life and ends flat.

guna@fastura.com5 months ago03 mins

Following a lifetime low of 85.94 versus the dollar during intraday trading, the rupee finished Thursday down. The rupee kept falling while the dollar index kept rising. The US Fed is expected to slow down interest rate cuts this year due to persistently high inflation, the threat of widespread tariffs, and other possible policy changes,…

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  • Commodity Market

Amidst light year-end trading, gold prices remain stable, indicating exceptional annual gains

Mahalakshmi@fastura.com6 months ago02 mins

Gold prices in Asian trade remained unchanged, despite the US Federal Reserve’s interest rate cuts this year. Spot Gold was at $2,607.65 per ounce, while Gold Futures expiring in February edged 0.2% lower to $2,620.22 an ounce. Gold prices have risen more than 26% in 2024 due to the Fed’s outsized rate cuts earlier this…

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  • NYMEX Market

Rupee drops 12 paise against the US dollar in early trading, hitting an all-time low of 85.06.

guna@fastura.com6 months ago02 mins

As the US Federal Reserve’s hawkish stance triggered a broad dollar rally, the rupee fell 12 paise to its lowest point ever, 85.06, against the US dollar in early trading on Thursday. Forex dealers reported that the US Federal Reserve had changed its 2025 forecasts, indicating a more cautious approach to monetary policy and putting…

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  • NYMEX Market

The US economy’s slowdown could help the rupee.

guna@fastura.com10 months ago04 mins

During the week ending August 16, the Indian rupee saw little change, finishing at 83.95 with little variation. There was modest support for the rupee due to the US recession fears abating, carry trade unwinding slowing down, and oil prices easing. Pressure was applied, though, in part because of a larger trade imbalance in July…

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  • Commodity Market

Silver fell as the dollar appeared to be supported

Mahalakshmi@fastura.com2 years ago02 mins

As the U.S. dollar gained strength due to hopes that the Federal Reserve will maintain high borrowing costs and a robust U.S. economy, silver prices fell by 1.49% to settle at 71669. Silver received some assistance from China’s stimulus policies and a declining currency as a result of encouraging economic news from Europe. Now, everyone…

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