Gold Prices Surge as Dollar and US Treasury Yields Struggle Today

Bullions News

Gold closed 1.13% higher at Rs. 147,489 as investors evaluated the likelihood of additional Federal Reserve rate hikes and the currency and US Treasury yields continued to be under pressure. In September, US consumer prices experienced an uptick, primarily propelled Read More …

Silver Plummets to Lowest Since Early August Amidst Strong US Inflation

Bullions Updates

Silver settled sharply lower by 4.96% at Rs 208,338, influenced by stronger-than-expected US inflation data that heightened expectations of additional Federal Reserve rate hikes. In September, the year-on-year US CPI inflation increased to 3.7%, surpassing expectations of 3.6%. Additionally, monthly Read More …

Hot US Inflation Lowers Gold Prices Increases Fed Expectations

Bullions News

Gold settled sharply lower by 1.75% at Rs 145,848, influenced by stronger-than-expected US inflation data that bolstered expectations of a more stringent Federal Reserve monetary policy. In September, the year-on-year US CPI inflation rose to 3.7%, exceeding the expected 3.6%. Read More …

Silver Dips as Investors Anticipate US Inflation Reports

Bullions Updates

Silver concluded the trading session with a decline of 1.27%, settling at Rs 222,877. This downturn was influenced by apprehensions regarding a more stringent US monetary policy, particularly in anticipation of critical consumer and producer price inflation data that may Read More …

Gold Dips as Strong Dollar Pressures Ahead of Key Inflation Data

Bullions Updates

Gold settled down 1.29% at Rs 149,543, influenced by a robust US dollar that hovered close to an 18-month peak, as investors anticipated crucial US inflation data, encompassing consumer and producer price reports, in addition to retail sales figures. Stronger-than-expected Read More …

Silver Rises as Steady Bond Yields Soothe US Inflation Worries

Bullions Updates

Silver settled 2.04% higher at Rs. 225,755, gaining Rs. 4,522, supported by declining oil prices and stabilising bond yields, which alleviated immediate concerns regarding inflation and the tightening of monetary policy. The US 10-year Treasury yield declined to 5.22% following Read More …