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Gold price today: Latest updates

Last Updated: Friday, October 18, 2013, 13:29

Gold prices extended their yesterday's rally Rs 233 to Rs 29,771 per ten grams in futures trade Friday.

Oil edges higher on upbeat Chinese growth data

Last Updated: Friday, October 18, 2013, 09:55

Oil prices rose in Asian trade today on upbeat economic growth data from China, but concerns over the stop-gap deal to avert a disastrous US debt default capped gains, analysts said.

Shutdown encouraged US foes, depressed friends: Obama

Last Updated: Thursday, October 17, 2013, 21:04

US President Barack Obama warned Thursday that America`s political dysfunction had encouraged its enemies and depressed its friends, and said the crisis had left "no winners" in Washington.

Chinese agency downgrades US credit rating

Last Updated: Thursday, October 17, 2013, 15:11

A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington`s resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

US debt deal may encourage Asia’s dollar craving

Last Updated: Thursday, October 17, 2013, 13:35

Although the region’s central banks have stitched up an array of currency swaps, they remain small, and would be next to useless if all participants became desperate for dollars at once.

Gold price today: Latest updates

Last Updated: Thursday, October 17, 2013, 13:26

Gold prices regained Rs 29,500 level by zooming Rs 631 to Rs 29,579 per ten grams in futures trade Thursday.

Gold price above $1280 as US strikes deal to end budget impasse

Last Updated: Thursday, October 17, 2013, 12:39

Gold was little changed on Thursday after US lawmakers passed a temporary spending bill to avert a historical debt default and end a two-week long government shutdown, dimming the metal's safe-haven appeal.

IMF calls for raising debt ceiling in more durable manner

Last Updated: Thursday, October 17, 2013, 10:48

The International Monetary Fund (IMF) has asked the US Congress to raise the debt ceiling in a more durable manner, as it welcomed the decision to pass a legislation which prevents the government default till early February next year.

Gold holds up as U.S. strikes deal to end budget impasse

Last Updated: Thursday, October 17, 2013, 09:29

Gold was little changed on Thursday after U.S. lawmakers passed a temporary spending bill to avert a historical debt default and end a two-week long government shutdown, dimming the metal`s safe-haven appeal.

Oil down as investors take profits after US deal

Last Updated: Thursday, October 17, 2013, 09:09

Oil prices eased in Asian trade Thursday as investors booked profits from a rally inspired by an 11th-hour deal in the United States to raise the country`s debt ceiling.

US budget deal: another kick down the road?

Last Updated: Wednesday, October 16, 2013, 23:29

US Senate leaders announced a deal Wednesday to resolve the budget and debt ceiling impasse that threatened to force the country to default on its obligations.

US Senate leaders agree to raise debt ceiling, end shutdown

Last Updated: Wednesday, October 16, 2013, 22:32

The US Senate announced a last-minute deal on Wednesday to avert a historic lapse in the government’s borrowing ability and a potentially damaging debt default, and to reopen the government after a two-week shutdown.