Bullions News

Silver Slips on Profit-Taking Despite Supportive US Jobs Data

Bullions Updates

Silver prices decreased by 0.55%, closing at Rs 236,099, primarily attributed to profit-taking and the strengthening of the U.S. dollar in the wake of recent increases. Nonetheless, the overall market sentiment continued to be favourable following disappointing U.S. labour data, Read More …

Silver Surges on Weak Jobs Data as Fed Hike Bets Dwindle

Bullions Updates

Silver prices increased by 1.27% to close at Rs 233,304, buoyed by disappointing U.S. employment figures that strengthened the anticipation of a more measured approach from the Federal Reserve. The U.S. economy experienced a modest increase of 57,000 jobs in Read More …

Gold Climbs to Two-Week High After Soft US Payrolls Report

Bullions Updates

Gold and silver commenced trading on a positive note on MCX on Friday, as disappointing U.S. labour market data led investors to reassess their projections regarding additional interest rate increases by the Federal Reserve. In the domestic market, silver futures Read More …

Silver Rises as Fed’s Warsh Hints at Easing US Inflation Risks

Bullions Updates

Silver prices advanced by 0.80% to settle at Rs 230,384, bolstered by enhanced investor sentiment following remarks from Federal Reserve Chair Kevin Warsh regarding the easing risks of US inflation. Softer inflation expectations were bolstered by weaker price components in Read More …

Gold Prices Soar Amid Fed Warsh Insights and Rising Iran Tensions

Bullions News

Gold prices experienced an increase of 1.33%, closing at Rs 144,430. This rise was bolstered by a resurgence in safe-haven demand amid escalating geopolitical tensions between the US and Iran, alongside investor attention on remarks made by the newly appointed Read More …

Short covering helps silver amid strong currency and US rate hike

Bullions Updates

Silver prices rebounded sharply, settling 2.66% higher at Rs 228,563, supported by fresh buying after recent declines. Despite the recovery, sentiment remained influenced by a stronger U.S. dollar and expectations that the U.S. Federal Reserve may continue tightening monetary policy Read More …

Gold Soars on Short Covering Amid Inflation Rate Hike Worries

Bullions News

Gold prices increased by 0.09% to close at Rs 142,531, buoyed by short covering following recent declines. The market experienced continued pressure due to expectations that the U.S. Federal Reserve may persist in raising interest rates to manage ongoing inflationary Read More …