Business

September 7, 2021 7:05 PM

Rupee weakens 32 paise against US dollar

In the forex market, the rupee weakened 32 paise against the US dollar to close at 73 rupees and 43 pasie against the US dollar.   The local unit fell amid appreciation in the US currency.    The dollar index, which indicates the US dollar's strength against a basket of six other leading cu...

September 3, 2021 6:13 PM

Oil prices rise over half a percent

Oil prices on Friday rose more than half a percent. The crude prices climbed after a strong rise in the previous session on a weaker dollar and a fall in U.S. crude stocks. In intra-day trade, Brent crude was trading around 73 dollars and 50 cents per barrel while WTI crude prices were at 70 dollars...

September 3, 2021 6:10 PM

Gold prices gain Rs 130 at Multi Commodity Exchange for October contracts

Gold prices on Friday gained 130 rupees at Multi Commodity Exchange for October contracts in sync with gains in the international markets. The precious metal was trading at 47,120 rupees per 10 gram. Silver also rose 440 rupees to 63,720 rupees per kilogram for September Contracts when reports last ...

September 3, 2021 4:26 PM

S&P 500, Nasdaq hit record highs

The major US stocks gained on Thursday. The S&P 500 and the Nasdaq hit record highs. Higher commodity prices helped energy stocks to recover ground. The energy sector rose, reversing most of the losses suffered during the first three days of the week. The latest jobs data also encouraged inv...

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