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On Friday, the Indian rupee took a dip, settling at 87.9750 against the dollar. Thanks to the Reserve Bank of India's timely intervention, the decline was cushioned. While the rupee enjoyed a commendable two-day uptrend, a surge in dollar demand coupled with global risk aversion dampened its gains.
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The Federal Aviation Administration said Friday it will allow Boeing to produce more 737 Max airplanes by increasing the monthly limit that it imposed after a door plug blew off an Alaska Airlines jet that the company built.
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Gold prices have reached a new peak just before Dhanteras, affecting festive sales. Jewellers anticipate more lightweight jewellery purchases. Investment demand for gold and silver coins remains robust. Platinum is also gaining popularity among men for jewellery. Silver prices have softened due to increased supply, despite a global deficit. Geopolitical tensions and US economic factors are influencing gold prices.
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