Spot gold rose 0.3% to $1,742.83 per ounce by 10:09 a.m. ET (1409 GMT). Prices touched their lowest since July 27 at $1,719.56 earlier in the session
The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines
Rupee, dragged down by storm of international pressures and geopolitical headwinds, is a wake-up call to regulators and policymakers to strengthen the currency
Indian government bond yields ended higher on Monday, tracking US Treasury yields, as the Fed emphasised it would keep raising rates to rein in inflation
Gold prices took a beating as US Federal Reserve Chair acknowledged that a quick undo of central bank's rate tightening was far from over, which boosted the dollar and sent bullion to a one-month low
World stocks slumped as the growing risk of more aggressive interest rate hikes in the US and Europe inflicted fresh pain on bond markets and pushed the dollar to new 20-year highs
RBI interventions to determine rupee's course amid surging dollar
As economic growth slows, prices for key raw materials - from oil to copper and wheat - have cooled in recent weeks, taking pressure off the cost of manufactured goods and food
Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell
Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29
The Fed has made its policy position clear
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
But depreciation likely to be orderly because of RBI support, FPI inflows
US central bank will keep raising interest rates and probably leave them elevated for a while to reduce inflation
The US central bank's chief warned on Friday that Americans were headed for a painful period of slow economic growth and possibly rising joblessness as the Fed raises interest rates to fight inflation
On Friday, Fed chair Jerome Powell signaled the US central bank is likely to keep hiking interest rates and keep them elevated to tame inflation.
The dollar index gained after Federal Reserve Chair adopted a hawkish tone to battling inflation, but did not settle the debate on how large a rate increase is likely
More countries are likely to seek debt relief as a stronger dollar makes repayments tougher, says IMF chief
Inflation is now their chief concern, and Powell's remarks at the symposium, hosted by the Kansas City Fed, set a tone likely to register on global markets
Brent crude futures fell 1 cent to $99.33 a barrel by 1:13 p.m. EDT (1713 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 33 cents to $92.19 a barrel.