Silver Soars as U.S.-Iran Peace Deal Reopens Strait of Hormuz

Bullions Updates

Silver prices extended gains, closing 2.14% higher at Rs 251,458, bolstered by widespread short covering and a rise in investor sentiment. The rally followed reports indicating that the United States and Iran had successfully negotiated a peace agreement, which would Read More …

Silver Soars on Lower Oil Prices and US-Iran Peace Hopes

Bullions Updates

Silver prices experienced a notable rebound, closing 2.73% higher at Rs 246,186, even amidst ongoing concerns regarding global interest rate expectations. The recovery was bolstered by a reduction in geopolitical tensions following signs that a potential US-Iran peace agreement might Read More …

Demand for gold rises as oil prices fall

Bullions Updates

Gold prices ended 1.07% higher at Rs 150,528, recovering amid improving sentiment after crude oil prices declined on rising expectations of a potential peace agreement between the United States and Iran. Market sentiment was supported after U.S. President Donald Trump Read More …

Gold Rises as US-Iran Peace Deal Eases Inflation Worries

Bullions News

Gold prices concluded the session with an increase of 0.62%, reaching Rs 148,932. This rise was bolstered by increasing optimism regarding a possible peace agreement between the United States and Iran, which contributed to alleviating worries about sustained inflationary pressures Read More …

Silver Slides as US Inflation Matches Expectations

Bullions Updates

Silver prices experienced a decline of 1.27%, concluding at Rs 235,505, as market participants responded to a combination of mixed macroeconomic indicators and rising geopolitical tensions. US inflation data broadly aligned with expectations, providing some reassurance that escalating energy prices Read More …

Silver Slips as US Inflation Fears Rise

Bullions Updates

Silver prices experienced a notable decrease of 3.19%, concluding at Rs 238,528 as investors adopted a cautious stance in anticipation of significant U.S. inflation data due this week. Market participants expect U.S. inflation to reach 4.2% in May, marking the Read More …

Gold Dips as Rate-Hike Worries Loom Before Key US Inflation Data

Bullions Updates

Gold prices experienced a notable decline of 1.51%, closing at Rs 152,443. This drop was influenced by a widespread market sell-off and growing anticipations regarding a potential increase in interest rates by the U.S. Federal Reserve later this year. Sentiment Read More …