Last Updated: Thursday, July 30, 2015, 08:35
Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010.
Last Updated: Sunday, July 12, 2015, 14:09
A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.
Last Updated: Friday, July 10, 2015, 23:50
Yellen, however, remained cautious, saying she still saw slack in the jobs market, which has been a key factor in how the Fed approaches its first rate hike since 2006.
Last Updated: Wednesday, June 24, 2015, 11:15
Companies in India recorded the steepest fall in confidence, logging 84 from 97 in the previous quarter, as fervour over the election of pro-business Prime Minister Narendra Modi last year gives way to anxiety about whether two rate cuts this year can reignite a sluggish economy.
Last Updated: Thursday, June 18, 2015, 00:04
The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, U.S. Federal Reserve officials indicated on Wednesday.
Last Updated: Tuesday, June 16, 2015, 22:41
Analysts expect the Federal Reserve to hold off on raising interest rates as it opens a two-day policy meeting on Tuesday, despite the economy`s rebound from a winter stall.
Last Updated: Tuesday, June 9, 2015, 15:45
Expectations of a further drop in gold prices and better returns from surging equities in China have tamed demand for the precious metal in Asia despite recent price declines.
Last Updated: Monday, June 8, 2015, 10:49
The International Monetary Fund`s deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. Federal Reserve`s pending interest rate hike.
Last Updated: Wednesday, May 27, 2015, 08:27
Taking a lead from Wall Street`s slide, MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent with Australian and South Korean shares suffering losses. Tokyo`s Nikkei shed 0.3 percent.
Last Updated: Wednesday, May 13, 2015, 09:16
Gold held overnight gains to trade near its highest in a week on Wednesday, supported by weakness in the dollar and equities, but fund liquidation and uncertainty over the timing of a possible US rate hike kept the rally in check.
Last Updated: Tuesday, May 12, 2015, 23:54
With the US economy likely to reach full employment before year`s end and inflation on track to rise to the Federal Reserve`s target, the US central bank could raise interest rates as early as its June meeting, a top Fed official said on Tuesday.
Last Updated: Tuesday, May 5, 2015, 10:23
The euro bought $1.1141 in late-morning Singapore trade from $1.1146 in New York late Monday, while the dollar climbed to 120.15 yen from 120.14 yen.
more videos >>
