Gold Bounces Back as Dollar Dips and Global Bond Yields Fall

Bullions Updates

Gold concluded the trading session with a 2.42% increase, reaching Rs 157,996, buoyed by a declining US dollar and a reduction in global bond yields. Market participants are now looking ahead to the forthcoming Federal Reserve meeting minutes for insights Read More …

Silver Falls as Rising Bond Yields Pressure Metals

Bullions Updates

As global bond yields shot to multi-year highs due to worries about excessive government expenditure and ongoing inflation, silver finished down 2.36% at Rs 232,419 amid a general correction in the metals market. Rising crude oil prices have further solidified Read More …

Silver Rises as Weak US Data Lowers Fed Rate Hike Expectations

Bullions Updates

Silver settled 0.9% higher at Rs 238,048, buoyed by weaker US economic data that diminished expectations of an imminent Federal Reserve interest-rate hike. US retail sales experienced a decline of 0.6% month-on-month in July, falling short of expectations that anticipated Read More …

Silver Soars as Dollar Weakens and Data Damps Fed Rate Hike Hopes

Bullions Updates

Silver concluded the trading session with a 0.20% increase, reaching Rs 235,924, buoyed by a depreciating US dollar, as recent economic indicators have tempered anticipations of a Federal Reserve interest rate increase in September. In July, US retail sales experienced Read More …

Gold Rises as Fed Rate Hike Bets Fade

Bullions Updates

Gold concluded the trading session with a 0.68% increase, reaching Rs 154,506. This uptick was bolstered by a depreciating US dollar and diminished anticipations regarding a Federal Reserve rate increase, following inflation data from the US that largely met expectations. Read More …

Silver Slides as U.S. Inflation Relaxes Fed’s Rate Hike Pressure

Bullions Updates

Silver prices concluded the trading session down by 1% at Rs 235,447, as the US dollar held steady following the release of US inflation data, which indicated a slight moderation in both annual headline and core inflation. This development alleviated Read More …