Rupee makes recovery; Gold at all-time high of ₹ 96,450

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After Three Consecurable Days of Decline, The Rupee on Friday Made a Strong Recovery, Gaining 58 Paise Against The US Dollar, and Settling at 86.10 from its previous close of 86.68.68.

The domestic currency was supported primarily by a weaker dollar index and a significant sentiment boost from the us’s decision to pause tariffs for the next 90 days.

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“This move has been well received by the markets, as it opens the door for further dialogue – Commodity and currency, LKP Securities.

Additional, Indian Capital Markets Rallied, Reflecting Optimism Around Improving Bilateral Trade Ties and The Reduced Risk Premium for Indian Exports, He said.

The Escalating Trade War Between The United States and China, The World’s Two Biggest Economies, LED to Gold Pries Soaring to Fresh High of ₹ 96,450 on Friday Compared with ₹ 90,200 Investors Ran for Cover. Thursday was a holiday on account of Mahavir Jayanti.

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“Gold Exteined Its Record-Setting Rally, Hitting Fresh Lifetime Highs, Defying Rupee’s Strength, as Geopolitical Tensions and Tariff Bettles Between the US and China Escalated Furious Trivedi said.