Gold ticks lower as dollar, yields firm after inflation report

August 30, 2024

Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play.

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Sebi relaxes re-KYC process for NRIs; removes physical presence clause

Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India

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Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

Adani Green Energy saw a Rs 2,778 crore block deal as Total Energies sold 2.86 crore shares, absorbed by major institutional buyers and family offices.

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