The dollar index, reflecting the US dollar’s position against the six major currencies, declined by 0.05 per cent to 92.22. At the same time, the 30-share Sensex of BSE closed 123.07 points higher at 54,492.84 points.
Indian rupee closed on the rise against the dollar
The rupee continued to rise for the fourth consecutive trading session against the dollar on Thursday. In the interbank foreign exchange market, the rupee gained marginally by two paise to close at 74.17 (provisional) per dollar. Traders said investors are waiting for the Reserve Bank of India’s policy decisions on Friday for further cues from the market, which showed a moderation in trading activity.
In the interbank foreign exchange market, the rupee opened at 74.15 in the morning and touched the lowest level of Rs 74.28 during trading. In the end, it closed at 74.17 per dollar with a gain of two paise against the closing price of the previous session. On Wednesday, the rupee had closed at Rs 74.19 per dollar.
Meanwhile, the dollar index, reflecting the US dollar’s position against the six major currencies, declined 0.05 per cent to 92.22. At the same time, the 30-share Sensex of BSE closed 123.07 points higher at 54,492.84 points. Brent crude futures, considered a global benchmark, rose 0.74 per cent to $70.90 per barrel.
What was the condition of gold and silver
Meanwhile, due to weak global cues, the price of 10 grams of gold fell by Rs 312 in the Delhi bullion market on Thursday. At the same time, a fall of Rs 1,037 per kg was recorded in the price of silver. According to HDFC Securities, the weakness in the global market had an impact on the domestic market and the price of gold fell.
New Price of Gold On Thursday, the price of gold declined by Rs 321 to Rs 46,907 per 10 grams in Delhi Bullion Spot. In the last trading session, gold had closed at Rs 47,219 per 10 grams. Talking about silver, there was a big fall in the price of silver in the Delhi bullion market. The price of one kg of silver fell by Rs 1,037 to Rs 66,128 per kg. Silver had closed at Rs 67,165 per kg in the last trading session. On the other hand, gold was trading with weakness in the international market at $ 1,810 an ounce and silver was trading flat at $ 25.37 an ounce.
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