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Yellen may be poised to rewrite Fed's rule book on wages, inflation

Last Updated: Wednesday, June 25, 2014, 14:27

Federal Reserve Chair Janet Yellen wants to see U.S. wages climb at a much brisker clip to boost consumer spending and help workers recoup ground they lost in the last recession, but she`ll have to fend off policymakers who fear that could cause inflation to surge.

Gold price holds near two-month high as equities retreat

Last Updated: Wednesday, June 25, 2014, 08:46

Gold was little changed at USD 1,318.04 an ounce Wednesday after rising to USD 1,325.90 on Tuesday, its strongest since April 15.

Gold price today: Latest updates

Last Updated: Saturday, June 21, 2014, 13:15

Extending their overnight gains, gold prices finally ended the week at Rs 27,668 per ten grams in futures trade Friday.

Gold price posts biggest weekly gain in 3 months

Last Updated: Saturday, June 21, 2014, 10:33

Gold dropped 0.4 percent to USD 1,314.45 an ounce Friday, after jumping 3.3 percent in the previous session. The metal was about 3 percent higher for the week.

Gold price drops, still set for biggest weekly rise in three months

Last Updated: Friday, June 20, 2014, 15:25

Gold dropped 0.8 percent to USD 1,309.60 an ounce Friday, after jumping 3.3 percent in the previous session, when it hit mid-April highs of USD 1,321.70.

Gold price set for best week in three months

Last Updated: Friday, June 20, 2014, 13:22

Gold has gained about 3 percent for the week.

Gold price zooms by Rs 785; ends at Rs 27,611 in futures trade

Last Updated: Friday, June 20, 2014, 09:53

Gold for delivery in August climbed by Rs 785 to close at Rs 27,611 per ten grams after moving in range of Rs 26,800- Rs 27,653.

Gold price today: Latest updates

Last Updated: Friday, June 20, 2014, 09:48

Gold prices zoomed by Rs 785 to close at Rs 27,611 per ten grams Thursday after moving in range of Rs 26,800- Rs 27,653.

Gold price logs biggest one-day rise in 9 months; tops $1,300

Last Updated: Friday, June 20, 2014, 09:13

Gold was enjoying the view at USD 1,314.56 an ounce having climbed 3.3 percent overnight in the sharpest gain since last September.

Rupee gains most in over a month, up 31p to 60.08

Last Updated: Thursday, June 19, 2014, 18:12

Bucking the weak trend in stocks, the rupee Thursday rose 31 paise, logging its best single-day gain in over a month, to end at 60.08 against the dollar as the American currency weakened on US Fed keeping its policy of ultra-low interest rates intact.

Asia shares climb after US Federal meeting

Last Updated: Thursday, June 19, 2014, 08:14

Asian markets were mixed Thursday, taking up the baton from a record-breaking Wall Street, after the Federal Reserve delivered a broadly upbeat outlook on the US economy and suggested interest rates would remain low for some time.

Fed cuts 2014 growth forecast but maintains confidence in recovery

Last Updated: Wednesday, June 18, 2014, 23:45

The Federal Reserve on Wednesday slashed its forecast for US economic growth this year but expressed confidence the recovery was largely on track and would allow it to begin raising interest rates in 2015.