By Caroline Valetkevitch
A stronger dollar makes gold less attractive for other currency holders, while higher yields increase the opportunity cost of holding non-paying bullion
The value of the country's gold reserves increased by $1.230 billion to $43.241 billion
The dollar index, which measures the greenback against a basket of six peer currencies, was down 0.57% at 97.861 at 2:20 p.m. Eastern Daylight Time, having earlier touched its lowest level since March
Spot silver XAG= and platinum XPT= both rose 0.5% to $24.86 per ounce and $987.39 respectively
The local unit finally settled at 75.94 against the dollar, down 21 paise from the previous close
The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.
Spot gold XAU= fell 1.08% to $1,936.30 per ounce by 10:56 a.m. ET (1456 GMT), U.S. gold futures GCv1 declined 0.8% to $1,939.10
The dollar index fell 0.112%, with the euro up 0.18% to $1.1016
The dollar index rose 0.291%, with the euro down 0.46% to $1.0976.
Oil Prices dipped on Tuesday as the European Union seems unlikely to agree to a ban on Russian oil which would also likely weigh on the euro
By David Henry and Stefano Rebaudo
After uncertainty about the war in Ukraine prompted a market sell-off on Friday, stock markets rebounded on Monday and commodity prices edged back down
The Australian and New Zealand dollars slipped on Monday as hints of progress in Russian-Ukraine talks saw global commodity prices come off the boil, while US dollar looks forward to rate hikes
Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold.
Euro tumbled to a fresh 22-month low on the dollar and hit multi-year troughs on the yen, Swiss franc and sterling as Ukraine war drove up commodity prices and stoked fears of a stagflationary sho
The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe
The Australian dollar climb one-year high on the euro on Wednesday as investors were attracted by Australia's status as a net energy exporter and distance from Europe's troubles.
The RBI is also gauging the extent of damage to the Indian banking sector amid the Ukraine crisis. More on this and other stories in our top headlines this morning.
Yuan was little changed against the dollar on Wednesday, as traders see limited short-term impact from the Russia-Ukraine crisis, while further western sanctions could benefit currency in long run.