Gold prices experienced a significant downturn, decreasing by 5.27% to close at Rs 1,44,954, influenced by a hawkish posture from the Federal Reserve that adversely affected market sentiment. Although rates remained steady, policymakers indicated that any potential rate reductions would Read More …
Silver prices experienced a notable decline, decreasing by 1.94% to close at Rs 2,48,194, influenced by a robust dollar and ongoing concerns regarding inflation that dampened market sentiment. The dollar index rose to nearly 99.9, bolstered by stronger-than-anticipated inflation figures Read More …
Gold prices experienced a significant decline on the Multi-Commodity Exchange of India on Thursday, following the US Federal Reserve’s decision on Wednesday to maintain its benchmark interest rate at 3.5% to 3.75%. The US Federal Reserve adopted a hawkish stance, Read More …
Silver prices decreased by 1.33%, closing at Rs 2,53,113, as market participants assessed the inflationary risks associated with the ongoing conflict in the Middle East and its potential effects on global monetary policy. Increasing energy costs have intensified inflationary pressures, Read More …
Gold prices increased by 0.16% to close at Rs 1,55,985, bolstered by ongoing safe-haven demand in the context of rising geopolitical tensions in the Middle East. As the conflict involving Iran extends into its third week, uncertainty has deepened, particularly Read More …
Silver prices declined by 1.12%, closing at Rs 2,56,532. This movement was influenced by escalating energy prices, which have heightened inflation worries and diminished anticipations of interest rate reductions by the U.S. Federal Reserve and other prominent central banks. The Read More …
Gold prices experienced a decline of 1.72%, concluding at Rs 1,55,736. This downturn can be attributed to a stronger U.S. dollar and diminishing expectations for imminent interest rate reductions, which have impacted the metal’s conventional safe-haven allure. The decline occurred Read More …
Silver prices experienced a significant decline, closing 3.18% lower at Rs 259,435, influenced by the strengthening of the U.S. dollar, which exerted considerable pressure on the precious metals market. The dollar index sustained its position above the 100 threshold, marking Read More …
The ongoing Iran-Israel war has not improved sentiment in the bullion market, as gold prices continued their downward trend on Monday. The April yellow metal futures declined by Rs 3,000 per 10 gram (2%) to reach a day’s low of Read More …
Silver prices experienced a significant drop in the last session, closing 3.37% lower at Rs 268,491. This decline coincided with a strengthening U.S. Dollar Index as investors evaluated the implications of persistent geopolitical tensions and newly released inflation data from Read More …