Bullions News

Silver Drops as Treasury Yields Climb Following Fed’s Hawkish Signals

Bullions Updates

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 Drops 1.71% as Fed Rate Hike Bets Weigh on Prices

Bullions News

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 …

Gold Prices Fall as Investors Compare New US Data for Fed Rate Predictions

Bullions Updates

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 …

Gold Dips as Traders Book Profits and Dollar Strengthens

Bullions News

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 …

Silver Gains Before Key US Inflation Data Due To Subdued Dollar

Bullions Updates

As investors awaited U.S. inflation data and Federal Reserve Chair Kevin Warsh’s remarks for additional hints on the interest-rate outlook, silver finished 0.96% lower at Rs 244,220 amid profit taking. The U.S. Treasury buyback support plan has driven the dollar Read More …