Silver yesterday concluded the trading session down by -0.78% at Rs 1,34,002, as profit-taking occurred in response to the Federal Reserve’s cautious outlook and the strengthening of the US dollar. Fed Chair Jerome Powell emphasized a data-driven strategy, cautioning that Read More …
Gold October futures prices exhibited stability near elevated levels, declining by Rs 155 or 0.14% in Thursday’s early trade at Rs 1,12,400 per 10 grams, as the market takes a momentary pause following a significant rally earlier in the week. Read More …
Silver yesterday settled higher by 1.13% at Rs 1,35,062, reaching a new all-time high of Rs 1,35,500 as expectations of additional U.S. interest rate cuts and a weaker dollar supported market sentiment. The Federal Reserve has recently lowered interest rates Read More …
Gold prices declined on Wednesday, falling by Rs 900 from their peak of Rs 1,14,179 as officials from the US Federal Reserve moderated expectations regarding imminent rate cuts. Despite the recent pullback, the yellow metal has increased by Rs 9,600 Read More …
Silver experienced a notable increase of 2.86% yesterday, reaching an unprecedented level of 1,33,555. This movement was largely influenced by heightened safe-haven demand and anticipations of additional rate cuts by the U.S. Federal Reserve. The recent 25 basis points reduction Read More …
Gold October futures reached a record high of Rs 1,12,419 per 10 grams on Tuesday, increasing by Rs 8,124 or 0.11% in early trading. The precious metal has surpassed prior peaks, underscoring robust bullish sentiment in the context of ongoing Read More …
Silver experienced an increase of 2.13%, concluding at 129838, as investors evaluated the policy outlook of the U.S. Federal Reserve following its anticipated 25 basis points rate cut. The Fed projected two more reductions this year but only one in Read More …
Investment in gold is experiencing a transformation, as an increasing number of consumers are choosing digital gold, despite the rising prices of the yellow metal. The volume of digital gold purchases via UPI experienced a remarkable increase of 377% over Read More …
Global solar manufacturers, recognized as the largest industrial consumers of silver, are poised to decrease their utilization of this precious metal for the first time in several years, in light of a significant surge in its price. According to analysts, Read More …
Silver prices experienced a modest increase of 0.12%, concluding at 1,27,132. This uptick can be attributed to short covering, following recent declines that were instigated by the U.S. Federal Reserve’s prudent policy approach. In the context of the Federal Reserve’s Read More …