Silver prices fell by 0.86% to close at Rs 246,389, as robust U.S. economic data bolstered expectations that the Federal Reserve may increase interest rates later this year. The U.S. labour market demonstrated resilience, as nonfarm payrolls rose by 172,000 Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a decline on Tuesday, as market participants assessed the tenuous ceasefire between Israel and Iran, while remaining vigilant regarding the evolving situation in the wider Middle Read More …
Silver prices experienced a notable drop of 6.14%, closing at Rs 248,537. This decline was influenced by a stronger US dollar and solid US economic data, which bolstered expectations for prolonged higher interest rates. The dollar index rose above 99.60 Read More …
Gold and silver prices experienced a significant decline at the Multi Commodity Exchange on Monday, driven by rising tensions in the Gulf, which in turn led to an increase in oil prices and heightened concerns regarding inflationary pressures. Simultaneously, robust Read More …
Silver prices concluded the trading session with an increase of 0.70% at Rs 264,796, buoyed by a depreciating U.S. dollar and diminishing inflation worries, as optimism grew for a diplomatic solution to the ongoing tensions in the Middle East. Optimism Read More …
Gold prices concluded the trading session with an increase of 0.65%, reaching Rs 159,547. This uptick was bolstered by a depreciating U.S. dollar and declining bond yields, following a drop in crude oil prices amid optimism regarding a possible reduction Read More …
Silver prices experienced a notable decline of 1.41%, closing at Rs 262,958. This downturn was influenced by a strengthening US dollar and increasing anticipations that the Federal Reserve may sustain elevated interest rates for an extended period. The dollar index Read More …
Gold prices experienced a decline of 0.52%, settling at Rs 158,519. This movement was influenced by stronger-than-anticipated U.S. economic data, which in turn elevated Treasury yields and solidified expectations for additional monetary tightening by the Federal Reserve. The yield on Read More …
Gold and silver prices commenced trading on the Multi Commodity Exchange on Wednesday with a decline, as a resurgence of tensions in the Middle East propelled crude oil prices upward. This development has intensified worries that inflationary pressures may sustain Read More …
Silver prices experienced a decline of 0.31%, settling at Rs 266,163. This movement can be attributed to the resurgence of geopolitical uncertainty related to US-Iran negotiations, coupled with anticipations of a sustained higher interest rate environment in the United States. Read More …
