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Gold prices saw a slight increase on Monday due to worries regarding U.S. President Trump's new tariffs and possible Federal Reserve interest rate cuts. Gold futures rose to $3,030.70. Last week, gold hit a record high amid trade tensions. Additionally, physical gold demand in India decreased with rising spot prices, while other precious metals also experienced minor gains.
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S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australias market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.
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The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).
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