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    R
    Rupee and Forex Movement
    TREND | 29 Apr 2024

    Daily Currency & Commodities Outlook

    buy
    Rupee and Forex Movement
    by ICICI Direct
    ICICI Direct
    Spot gold prices pared its earlier gains amid rebound in the dollar
    after sticky US PCE data increased the probability that the Federal
    Reserve will hold the rate higher for longer
    . Both the PCE and Core PCE data of March rose by 0.3%, where as year-on year the PCE price index in March jumped to 2.7% against previous reading of 2.5%
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