Gold price dips below Rs 25K-level, hits 3.5-month low amid global meltdown
Gold took a severe knock to hit a 3.5-month low and closed below the psychologically important Rs 25,000 mark at Mumbai bullion market following heavy selling from stockist and speculative traders amids fear over an impending Fed rate hike.
Dec 03, 2015, 19:30 PM IST
Gold price slumps to 6-year low on US rate hike prospects
Spot gold fell to USD 1,045.85 an ounce, the lowest since February 2010, before steadying at USD 1,052.35 while US gold futures slid to USD 1,045.40, the lowest since October 2009.
Dec 03, 2015, 13:53 PM IST
US Fed Chair Janet Yellen says 'looking forward' to day of rate hike
Federal Reserve Chair Janet Yellen said on Wednesday she was "looking forward" to a U.S. interest rate hike that will be seen as a testament to the economy's recovery from recession.
Dec 03, 2015, 00:06 AM IST
Sensex halts 4-day bull run, sheds 52 points on profit-booking
The 50-share NSE Nifty ended 23.55 points or 0.30 percent down at 7,931.35 after moving between 7,979.30 and 7,910.80.
Dec 02, 2015, 17:29 PM IST
Gold price clings to gains, but outlook bearish ahead of US jobs
Spot gold slipped slightly to USD 1,067.80 an ounce, after gaining about 1 percent in the past two sessions.
Dec 02, 2015, 14:51 PM IST
Gold price rallies 1%, hits session high of $1,074.34 per ounce
Spot gold rose to a session high of USD 1,074.34 an ounce, before giving up some gains to trade up 0.7 percent at USD 1,071.40.
Dec 01, 2015, 09:24 AM IST
Fed rate hike 'makes sense,' says US reserve bank president
Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top US central banker said on Saturday.
Nov 09, 2015, 03:44 AM IST
US Fed keeps rates unchanged, sets up possible December hike
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next meeting put a December rate hike firmly in play.
Oct 29, 2015, 00:33 AM IST
US Federal Reserve to weigh ECB's stimulus push as it readies rates message
ECB President Mario Draghi caused the dollar to jump against the euro on Thursday when he said the ECB was studying new ways to fight off deflation and spur growth that may be announced as soon as December.
Oct 25, 2015, 23:53 PM IST
US Fed likely to hike interest rates in December: Poll
The U.S. Federal Reserve likely will pull the trigger and hike interest rates in December after taking a pass last week, according to economists polled by Reuters who assigned a 60 percent probability of it happening.
Sep 22, 2015, 23:15 PM IST
Looming Fed rate decision a test of Yellen's jobs vision
Fed Chair Janet Yellen has made clear she would rather delay an interest rate hike for too long than move sooner and risk jeopardizing a tepid economic recovery, a conviction that will face its sharpest test yet on Thursday.
Sep 17, 2015, 19:15 PM IST
Worries over global growth weigh as Fed mulls rate hike
The United States weighs raising rates for the first time in nine years Thursday, a momentous decision that has transfixed world markets at a time of slowing Chinese growth and crises in other emerging markets.
Sep 17, 2015, 19:04 PM IST
India well prepared to deal with Fed rate hike: Govt
Ahead of US Federal Reserve's impending interest rate hike, the government Thursday expressed confidence of weathering its impact with "multiple layers of defence" and RBI's preparedness to deal with the situation.
Sep 17, 2015, 18:04 PM IST
Rupee and reserves to remain restless: Experts
The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.
Sep 12, 2015, 18:15 PM IST
Global economy Weekahead: Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes centre stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
Sep 11, 2015, 14:58 PM IST
We're prepared for US rate hike, so don't delay: World to Fed
Central bankers from around the world are telling their American counterparts that they are ready for a US interest rate hike and would prefer that the Federal Reserve make the move without further ado.
Aug 31, 2015, 08:47 AM IST
Fed says rate hike next month hinges on market volatility
The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.
Aug 29, 2015, 03:36 AM IST
Gold near multi-year low ahead of Fed's rate hike expectations
Gold steadied not far from a 5-1/2-year low early on Wednesday after comments from a Federal Reserve official backed investor expectations that the U.S. central bank would hike interest rates as early as next month.
Aug 05, 2015, 07:26 AM IST
US economy improving, says Fed; September rate hike in view
The US economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September.
Jul 30, 2015, 10:04 AM IST
Fed says US economy still strong enough to handle rate hike
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.
Jun 18, 2015, 00:04 AM IST
