The dollar hit a fresh seven-month high against the euro and a one-week high against the yen during Asia trade on Tuesday.
The dollar hit a fresh seven-month high against the euro and a one-week high against the yen during Asia trade on Tuesday.
The inflation numbers are unlikely to shift the broader picture of a US central bank on the cusp of raising rates.
The downfall in gold price is likely to continue in the midst of subdued domestic demand and weakening global trend amid uncertainty over the US Federal Reserve's impending interest rate hike.
Gold prices on Tuesday plunged by Rs 450 (Dh 25) to trade at almost four-month low of Rs 25,700 (Dh 1429.49) per 10 grams at the bullion market, tracking a weak global trend amid subdued demand from jewellers and retailers.
The central parity rate of the Chinese yuan rallied against the US dollar on Tuesday after it dipped for 10 trading days in a row, the longest period of consecutive fall since 2008.
The rupee advanced by 10 paise to 65.90 against the dollar in early trade on Tuesday on sustained selling of the American currency by exporters and banks.
The benchmark BSE Sensex jumped over 156 points in early trade on the back of gains in stocks of realty, capital goods, banking and metal sectors amid positive cues from Asian markets.
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China, India remain market's dominant figures.
The question traders have to answer now is whether we will see a significant bounce and a recovery in Crude Oil prices just as the previous two times or whether it will be different this time.