Silver experienced a notable increase of 2.86% yesterday, reaching an unprecedented level of 1,33,555. This movement was largely influenced by heightened safe-haven demand and anticipations of additional rate cuts by the U.S. Federal Reserve. The recent 25 basis points reduction Read More …
Gold October futures reached a record high of Rs 1,12,419 per 10 grams on Tuesday, increasing by Rs 8,124 or 0.11% in early trading. The precious metal has surpassed prior peaks, underscoring robust bullish sentiment in the context of ongoing Read More …
Silver experienced an increase of 2.13%, concluding at 129838, as investors evaluated the policy outlook of the U.S. Federal Reserve following its anticipated 25 basis points rate cut. The Fed projected two more reductions this year but only one in Read More …
Investment in gold is experiencing a transformation, as an increasing number of consumers are choosing digital gold, despite the rising prices of the yellow metal. The volume of digital gold purchases via UPI experienced a remarkable increase of 377% over Read More …
Global solar manufacturers, recognized as the largest industrial consumers of silver, are poised to decrease their utilization of this precious metal for the first time in several years, in light of a significant surge in its price. According to analysts, Read More …
Silver prices experienced a modest increase of 0.12%, concluding at 1,27,132. This uptick can be attributed to short covering, following recent declines that were instigated by the U.S. Federal Reserve’s prudent policy approach. In the context of the Federal Reserve’s Read More …
In early trading on Friday, both gold and silver exhibited a rebound from their recent lows. The October futures contracts for gold commenced at Rs 1,09,365 per 10 grams, reflecting an increase of Rs 313, or 0.29%. Meanwhile, the December Read More …
Silver prices declined by -1.43% to close at 126,984, pulling back from record highs as investors took profits in anticipation of the U.S. Federal Reserve’s policy decision. The Federal Reserve implemented a 25 basis points reduction in the federal funds Read More …
Gold’s rally experienced a pause on Thursday, with prices opening lower after a series of sharp gains, as the U.S. dollar softened in the wake of the Federal Reserve’s rate cut. On the Multi Commodity Exchange, gold October futures commenced Read More …
Silver yesterday concluded the session with a decline of -0.47% at 128,820, as profit-taking occurred after recent increases, with investors adjusting their positions ahead of the anticipated 25 basis point rate cut by the US Federal Reserve this week. The Read More …