Indian rupee to get stronger on Modi win

Mumbai (Bloomberg) The Indian rupee could be set to gain as Prime Minister Narendra Modi’s election victory boosts foreign inflows. That may present a dilemma for India’s central bank. The currency rose 0.4 per cent to 69.4150 per dollar as of 9:35 am in Mumbai, adding to the 2.2 per cent gain of the past […]

Gold sticks to three-month high

London: Gold prices are hovering near a three-month high, as global slowdown worries driven by trade conflicts amid expectations of a US interest rate cut stoked investors towards the safe-haven bullion. Spot gold was at $1,323.81 per ounce early Tuesday after touching its highest since February 27 at $1,327.90 in the previous session. US gold […]