Silver prices settled down 1.21% at Rs 233,841, influenced by hawkish remarks from U.S. Federal Reserve Chair Kevin Warsh, who cautioned that inflation is not easing significantly and emphasised the necessity to restore inflation toward the 2% target. Markets are Read More …
Gold prices settled down 1.17% at Rs 154,460, pressured by a hawkish shift in U.S. Federal Reserve expectations after Chair Kevin Warsh indicated that interest-rate hikes may be required if inflation fails to move convincingly toward the 2% target. Markets Read More …
As the dollar index rose to 99.5 from a three-month low of 98.8, silver finished drastically lower by 1.64% at Rs 236,704. Meanwhile, short-term Treasury yields increased following Federal Reserve Chair Kevin Warsh’s tougher stance on inflation. Warsh cautioned that Read More …
Gold settled sharply lower by 1.71% at Rs 156,281 as traders heightened their expectations of a Federal Reserve rate hike in light of Chair Kevin Warsh’s remarks regarding ongoing inflationary pressures. Warsh underscored that inflation has not significantly abated, with Read More …
Silver settled up 0.42% at Rs 240,651 as the 10-year US Treasury yield edged higher to 4.65%, while investors assessed fresh US economic data for clues on the Federal Reserve’s interest-rate path. The US PCE price index increased by 0.2% Read More …
Gold settled down 0.42% at Rs 158,996 as investors evaluated new US economic data for insights regarding the Federal Reserve’s interest-rate trajectory. The US PCE price index experienced an increase of 0.2% in July, surpassing the anticipated figure of 0.1%. Read More …
Silver prices experienced a notable decline of 1.84%, closing at Rs 239,638. This drop can be attributed to the upward movement in US Treasury yields and robust economic data, which have heightened concerns regarding the trajectory of the Federal Reserve’s Read More …
Gold prices closed significantly lower by 1.98% at Rs 159,663 as investors reevaluated the Federal Reserve’s interest-rate perspective in light of robust US economic data that exceeded expectations. The July PCE price index rose by 0.2% month-on-month, surpassing expectations of Read More …
Silver settled marginally lower by 0.04% at Rs 244,127 as the dollar index steadied near 99 on safe-haven demand following fresh U.S. sanctions targeting Iran. However, the greenback remained near three-month lows as the U.S. Treasury expanded its buyback program Read More …
Gold settled down 0.21% at Rs 162,882, influenced by profit-taking and a stronger dollar in anticipation of the U.S. Personal Consumption Expenditures inflation data and Federal Reserve Chair Kevin Warsh’s comments at the Jackson Hole symposium. Despite the recent short-term Read More …
