Gold Price Falls Rs 800 to Rs 1.65 Lakh Ahead of Raksha Bandhan
Gold prices fell for the second straight session, declining by Rs 800 to Rs 1,65,700 per 10 grams in the national capital on Thursday, even as local markets geared up for Rakshabandhan celebrations.
Rupee posts weekly gains ending two-week slide
The Indian rupee ended the week on a positive note, snapping a two-week losing streak, and closed at 95.38 against the US dollar on Friday, up 16 paise from the previous session. The rupee recorded a weekly gain of 0.33%, trading within a narrow band between 95.38 and 95.75, helped by central bank intervention, said market participants. Over the past two weeks, the daily movement averaged at 14 paise.
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