Silver Surges Amid Supply Shortages Despite Sluggish Industrial Demand

Bullions Updates

Silver settled 0.25% higher at Rs 211,187, buoyed by a weaker dollar, which declined to 101.6, marking its lowest level in two weeks. This movement occurred amid concerns regarding artificial intelligence spending and a high interest rate environment that has Read More …

Gold Rises as Weaker Dollar Boosts Prices Amid Fed Uncertainty

Bullions Updates

Gold settled 0.29% higher at Rs 147,918, buoyed by a weaker dollar as investors evaluated the US Federal Reserve’s monetary policy outlook. Fed Chair Warsh did not indicate the outcome of the forthcoming FOMC meeting, while asserting that stronger-than-anticipated inflation Read More …

Gold Prices Surge as Dollar and US Treasury Yields Struggle Today

Bullions News

Gold closed 1.13% higher at Rs. 147,489 as investors evaluated the likelihood of additional Federal Reserve rate hikes and the currency and US Treasury yields continued to be under pressure. In September, US consumer prices experienced an uptick, primarily propelled Read More …

Silver Plummets to Lowest Since Early August Amidst Strong US Inflation

Bullions Updates

Silver settled sharply lower by 4.96% at Rs 208,338, influenced by stronger-than-expected US inflation data that heightened expectations of additional Federal Reserve rate hikes. In September, the year-on-year US CPI inflation increased to 3.7%, surpassing expectations of 3.6%. Additionally, monthly Read More …

Hot US Inflation Lowers Gold Prices Increases Fed Expectations

Bullions News

Gold settled sharply lower by 1.75% at Rs 145,848, influenced by stronger-than-expected US inflation data that bolstered expectations of a more stringent Federal Reserve monetary policy. In September, the year-on-year US CPI inflation rose to 3.7%, exceeding the expected 3.6%. Read More …

Silver Dips as Investors Anticipate US Inflation Reports

Bullions Updates

Silver concluded the trading session with a decline of 1.27%, settling at Rs 222,877. This downturn was influenced by apprehensions regarding a more stringent US monetary policy, particularly in anticipation of critical consumer and producer price inflation data that may Read More …

Gold Dips as Strong Dollar Pressures Ahead of Key Inflation Data

Bullions Updates

Gold settled down 1.29% at Rs 149,543, influenced by a robust US dollar that hovered close to an 18-month peak, as investors anticipated crucial US inflation data, encompassing consumer and producer price reports, in addition to retail sales figures. Stronger-than-expected Read More …