Gold prices jump over 2% to highest since February 2013 as coronavirus spread spurs safe-haven demand
Spot gold was up 1.1 percent at $1,661.86 per ounce, after climbing to $1,678.58 earlier in the session. US gold futures rose 1 percent to 1,664.60.
The US will not tolerate cross- border terrorism or terrorist safe havens anywhere, its newly- appointed Ambassador Kenneth Juster said on Thursday
Ashraf Ghani, Narendra Modi say closure of cross-border safe havens essential for lasting peace in Afghanistan
Prime Minister Narendra Modi and Afghanistan president Ashraf Ghani on Tuesday expressed their "firm resolve" to end the menace of terrorism while emphasising that closure of cross-border safe havens and sanctuaries was essential for lasting peace.
Tension across world markets has escalated in the last couple of sessions amid mounting concerns about the financial health of Spain. Sovereign bond yields in Spain soared to new euro area record while stocks across Europe pummeled. A ban on short selling saw markets in Spain and Italy recover smartly.
The rupee's recent drop will not be reversed till capital inflows resume substantially and the RBI tames inflationary expectations.