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Swati Verma on Muck Rack

Swati Verma

Verified
  • Deputy Editor in Charge, Commodities and Energy, Reuters
Bangalore
As seen in: Reuters, MSN, MSN India, MSN Money Canada, MSN UK, The Startup, Daily Mail, MSN España, MSN Mexico, Reuters Japan, Terra and
Deputy Editor in Charge, Commodities & Energy at Reuters News @reuters. Likes and RT's not endorsements.

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Gold heads for weekly loss as investors unwind inflation-fuelled rally

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By Pablo Sinha, Swati Verma Verified
| MSN Verified
By Pablo Sinha and Swati Verma Aug 14 (Reuters) - Gold prices slipped on Friday and were headed for a weekly loss as investors locked in profits a day after bullion was propelled to its highest level in more than two months on mild U.S. inflation data that weakened the case for a near-term Federal Reserve rate hike. Spot gold was down 0.5% at $4,330.70 per ounce, as of 0714 GMT. U.S. gold futures for December delivery slid 0.7% to $4,387.40.
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Vedanta Aluminium Metal: India Ratings upgrades NCDs to ‘IND AA+ with 'Stable' outlook- know key points

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By Swati Verma Verified
| upstox.com
India Ratings and Research (Ind-Ra) on Thursday, August 13, upgraded Vedanta Aluminium Metal Limited’s (VAML) non-convertible debentures (NCDs) to ‘IND AA+’ from ‘IND AA-’ with a Stable Outlook while resolving the Rating Watch with Developing Implications. Open FREE Demat Account within minutes! Join now A Rating Watch with Developing Implications means a credit rating agency is monitoring a specific, major event (like a merger, acquisition, or restructuring).
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Gold retreats from two-month high after inflation-driven rally

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By Swati Verma Verified
| Zawya Verified
Gold prices fell on Friday as investors locked in profits after non-yielding bullion climbed to an over two-month high in the previous session, with mild U.S. inflation data undermining expectations of a September Federal Reserve rate hike. FUNDAMENTALS * Spot gold was down 0.5% at $4,330.37 per ounce, as of 0103 GMT, while U.S. gold futures for December delivery slid 0.8% to $4,386.80.
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