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The yen tumbled about 2% against the dollar Wednesday, its worst day since June 2022, after Shigeru Ishiba said the economy isn’t ready for another hike. The currency fluctuated near 146.50 per dollar Thursday, near its weakest level in a month.

The dollar reached a one-month high against the yen due to strong U.S. job market data, suggesting the Federal Reserve may not rush to cut interest rates. The yen fell after Japan’s new prime minister indicated no immediate rate hikes. The euro and risk-sensitive currencies also showed changes amid geopolitical tension between Iran and Israel.

Kumar Jain, spokesperson of the India Bullion & Jewellers Association (IBJA) said, "Zaveri Bazaar is buzzing with activity as there is a surge in gold prices. The footfalls have increased by up to 20% on Wednesday compared to a week ago."

​​Out of 12 economists ET spoke to, 9 said that it was likely that the MPC would begin to cut interest rates from December onwards. The remaining three respondents were broadly of the view that the MPC is likely to follow a course that is distinct from rate-setters in advanced economies and may wait for 4-6 months more before cutting rates to be entirely sure that inflation has gone down durably.

While gold has seen an impressive 43% return in the past year, signs from the US and other parts of the world suggest a shift to non-ferrous metals. With US

Maruti Suzuki reported a nearly 2% jump in September total sales at 1,84,727 units versus 1,81,343 units in the corresponding month of the previous financial year.

The company entered the OTC business in 2007 and it has grown to have established brands such as Manforce, HealthOK, Prega News, AcneStar, Unwanted and Gas-O-Fast. Four of its brands ranked No.1 in their respective categories.

USA-STOCKS/ (URGENT)US STOCKS SNAPSHOT-Wall St opens lower as Middle East tensions make investors nervous

The BSE Sensex jumped 12,026.03 points or 16.64 per cent so far in 2024, giving handsome returns to investors. The benchmark scaled its all-time peak of 85,978.25 on September 27, this year, breaching many milestones.

A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution. In this case, the clients would have their funds in their bank account, earning interest on the cash balances.