Spot gold rose 0.32 per cent to $1,801.55 per ounce by 9.10 pm IST, after hitting its highest since June 17 at $1,814.78 on Tuesday
The Fed isn't obliged to join China and other central banks in the craze to issue an official electronic currency. Private equivalents may do the job better
Markets are nervous about riskier assets before the release of the June policy minutes
Spot gold was up 0.1% at $1,797.84 per ounce, as of 0500 GMT, after hitting its highest since June 17 at $1,814.78 on Tuesday
A majority of analysts in Reuters polls, however, were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year.
The dollar rose to a 2-1/2-month peak on Wednesday, posting its biggest monthly rise since November 2016, supported by a surprisingly hawkish shift in the US Federal Reserve's rate outlook
The overall economic and market set up is conducive for the mid-market segment to continue doing well, he said
Gold prices eased on Tuesday, as a firmer dollar made bullion expensive for holders of other currencies
A significant global bond market correction is likely in the next three months as central bankers eye the exit door from pandemic emergency policy, according to a Reuters poll of strategists
Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in 'AA' category and below, which offer excellent carry even in the face of threat of rising rates
Spot gold was down 0.1% at $1,776.20 per ounce by 0709 GMT
Investors have been struggling to interpret signals from the Federal Reserve about how hot it is willing to let inflation run before it begins unwinding pandemic-era monetary stimulus
Asian shares marked time on June 24, with China nudging lower, while the United States dollar held below an 11-week high as investors reassessed US Federal Reserve statements on inflation
The change in the Fed's forecast and a possible shift in policy is perhaps a good time to review how central banks - including the RBI - responded to the crisis, and debate future possibilities
The market is still feeling the aftereffects of the Fed's surprise projection last week for rate hikes as soon as 2023, which knocked stocks
The dollar jumped and stocks swooned last week after the Fed surprised markets by signalling much earlier rate hikes than investors previously expected.
The US dollar remained on the back foot against major peers on Wednesday after a two-day drop as US Fed officials including Chair Powell reaffirmed that tighter monetary policy was still some way off
Fed will watch broad set of labor market data, says Powell
While we remain an economy, which has its own strengths and weaknesses, capital flows remain democratic and in the near term they will behave in a synchronous manner
The Australian and New Zealand dollars eased after Monday's bounce from multi-month lows