IndustryPresenting the 'Gold' Story of Aug 22, 2025

The cat and mouse game continues to intrigue gold markets across India. The week started with a standstill on price movement, fell for two successive days, rose the next day, and declined on August 22, 2025. Although the fall is marginal, the volatility in the yellow metal is something to look at. The per-gram price of gold in the 24K segment dropped by INR 22 to INR 10,053 from yesterday’s close of INR 10,075. This made the 10-gram price fall by INR 220 to INR 1,00,530. Yesterday, the closing price of 24K 10-gram gold stood at INR 1,00,750. The price of one gram of 22K gold slipped to INR 9,215 from INR 9,230, witnessing a decline of just INR 15. Meanwhile, the 10-gram price dropped to INR 92,150 from INR 92,300.

FX3332022309

2025-08-22 19:14

IndustrySigns of a Fake Forex Broker

The dynamic forex trading market has opportunities and threats in equal measure. Threats mean a potential scam brewing against you by an illicit broker. It can harm you if you don’t remain proactive about their hidden acts. Here are some signs of a fake forex broker. ​Makes you deposit despite a continuous streak of losses Drains your capital with the widest spreads, even during low volatility times Lures you into trading with fake bonuses that don’t get credited to the account Denies you from withdrawing funds, giving inexplicable reasons Blows away your trading account by manipulating trades So, before partnering with a forex broker, check whether it’s regulated. A regulated broker will make you feel assured of the ethical trading practices, boosting transparency and confidence.

FX3332022309

2025-08-21 20:17

IndustryRupee Pares Early Losses, Settles Higher at 87.07

It wasn’t all that rosy for the rupee on August 20, 2025, as it dealt with early losses before recovering smartly to settle at 87.07 (provisional) against the USD. The day's journey saw the rupee gaining by 6 paise amid increased risk appetite across global markets. Easing tensions over trade tariffs and increased hopes of peace between Russia and Ukraine encouraged investors, according to forex traders. The proposed GST reforms and a recent credit rating upgrade have further boosted investors’ confidence in the Indian economy. The day’s first half saw a decline in the rupee against the strong USD and a growth in crude oil prices. However, the gains in domestic markets and potential foreign fund inflows amid favorable market cues helped the rupee recover.

FX3332022309

2025-08-20 20:20

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