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Gold slips on rising bond yields, dollar; traders eye FOMC minutes for further cuesGold slips on rising bond yields, dollar; traders eye FOMC minutes for further cues

By Saumil Gandhi In the previous week, bullion prices extended losses due to the upward march in US bond yields and the dollar index. On the other hand, Federal Reserve policymakers have lowered investor expectations on the interest rate front with ‘hawkish’ comments, which have bolstered the possibility of additional rate hikes despite recent U.S. […]

Cyclone Biparjoy is coming! Heavy rains lash Gujarat – See picsCyclone Biparjoy is coming! Heavy rains lash Gujarat – See pics

Cyclone Biparjoy is less than 200 kilometres from the Gujarat coast and its impending landfall. The India Meteorological Department (IMD) says that ‘Biparjoy’ is a Very Severe Cyclonic Storm with damaging potential. 2-3m high tidal waves are expected in Kachchh and extremely heavy rainfall with high windspeed is expected in Porbandar and Dwarka districts in […]