Silver prices closed up by 1.76% at Rs 239,653, buoyed by a more favourable risk sentiment following U.S. President Donald Trump’s suggestion that a peace agreement with Iran might be reached as soon as this weekend. However, underlying inflation concerns Read More …
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 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 …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a notable decline on Thursday, influenced by renewed tensions in the Middle East and escalating oil prices, following the United States’ recent military actions against Iran. Read More …
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 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 …
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 …