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Analysts and forex experts caution that the political instability will continue to weigh on the rupee's future and may slow the recovery pace in coming days
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Gold and silver prices are solidly higher already on safe-haven demand as China-Taiwan-US tensions have escalated this week
There are some positive news for the economy and the rupee’s recovery is reflected the market sentiments
It depreciated to 78.80 against US dollar on Wednesday
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In the previous session, the rupee had closed at 79.06 against the US dollar
Spot gold was up 0.3 per cent at $1,777.20 per ounce