Even though the dollar index dipped 0.3%, it wasn’t far from a 20-year high. Stronger greenback makes bullion more expensive for other currency holders. * The benchmark 10-year Treasury yield held close to its highest level in over a decade scaled on Monday. Holdings of SPDR Gold Trust , the world’s largest gold-backed exchange-traded fund, fell 0.30% to 957.95 tonnes on Monday from 960.85 tonnes on Friday.
FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead
Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts