Motilal Oswal Financial Services reaffirms its “BUY” recommendation for Senco Gold (NSE: SENCO) with an upgraded price target of Rs.

Bitcoin and other cryptocurrencies are finally showing strength and a move above $70,000 levels is possible.

Kalyan Jewellers continues to impress investors, with its stock reaching a 52-week high of Rs 749 during Friday’s trading session, before closing at Rs 720.

Kalyan Jewellers share price has reached new highs, with research houses, including HSBC, upgrading their outlook on the company.

Gold was quoted at $889.70 an ounce, down by more than 1%, the biggest in more than two weeks. In the Indian markets, gold went down by Rs 195 to close at 14515 continuing the sluggish demand post Akshay Tritiya and ahead of a long weekend.

The dollar fell against euro as much as 0.9% as the risk tolerance drove the demand of greenback southwards and the US Economic data of home prices came out to be positive. But the downside may be limited because of the swine flu, which may see a safe haven buying.

Gold rose to a 3 week high of $918.25 on Monday due to rise in risk aversion amidst fears of swine flu in North America. In the Indian markets, gold rose by Rs 140 to regain the 15,000 mark fast tracked by heavy buying by the retail investors on 'Akshay Tritiya'.

The world's largest gold-backed exchangetraded fund, the SPDR Gold Trust, said its holdings remained at 1,104.45 tonnes as of April 28, unchanged from the previous day. Its holdings hit a record 1,127.68 tonnes on April 9, and remained at that level for a week.