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Gold hits near 3-week low on stronger dollar, Fed symposium in focus

Aug 20 (Reuters) – Gold hit a near three-week low on Wednesday as the dollar firmed, while investors awaited the Federal Reserve’s Jackson Hole symposium later this week for clues on the path for monetary policy. Spot gold was up 0.1% at $3,318.07 per ounce, as of 0411 GMT, after reaching its lowest level since August 1. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. U.S. gold futures for December delivery rose 0.1% to $3,360.70. A stronger dollar and improving risk appetite from recent geopolitical developments are weighing

INDIA bloc picks B Sudershan Reddy as candidate for Vice Presidential elections; to face NDA’s C P Radhakrishnan

New Delhi [India], August 19 (ANI): The INDIA bloc on Tuesday picked former Supreme Court Judge, Justice B. Sudershan Reddy as its candidate for the upcoming Vice Presidential elections slated to take place on September 9. The announcement was made by Congress president Mallikarjun Kharge in the national capital following the INDIA bloc meeting. B Sudershan Reddy will file his nomination for the Vice Presidential polls on August 21. Congress President Mallikarjun Kharge said, “He will nomination on August 21. Tomorrow, all opposition parties’ MPs are meeting in the central hall at 1 o’clock.” TMC MP Derek O’Brien said, “All

Gold falls Rs 500 to Rs 1,00,420/10 g; silver declines Rs 1,000

New Delhi, Aug 19 (PTI) Gold prices fell Rs 500 to Rs 1,00,420 per 10 grams in the national capital on Tuesday amid a firm trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had ended at Rs 1,00,920 per 10 grams in the previous market session. In the national capital, gold of 99.5 per cent purity dipped Rs 450 to Rs 1,00,050 per 10 grams (inclusive of all taxes) on Tuesday. It had closed at Rs 1,00,500 per 10 grams on Monday. “Gold prices cooled down, as peace

Rupee appreciated 40 paise to close at 86.99 against US dollar

Mumbai, Aug 19 (PTI) The rupee appreciated 40 paise to close at 86.99 (provisional) against the US dollar on Tuesday, supported by optimism over GST restructuring and positive domestic equity markets. Forex traders said rupee is expected to trade with a positive bias as easing worries over additional tariffs by the US boosted market sentiments after the meeting between US President Donald Trump and Russian President Vladimir Putin. At the interbank foreign exchange market, the rupee opened at 87.24 against the US dollar, touched an intraday low of 87.31 and a high of 86.92, and settled at 86.99 (provisional), registering

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