Due to pressure from a stronger US currency and market caution ahead of the Federal Reserve’s policy announcement, gold prices fell 1.01% to settle at Rs 141,623. Market participants are closely monitoring the central bank’s guidance on interest rates, with Read More …
Silver prices increased by 1.44% to close at Rs 226,998, bolstered by ongoing geopolitical tensions in the Middle East and escalating crude oil prices. This environment has enhanced safe-haven demand and heightened inflation concerns. Market sentiment exhibited a degree of Read More …
Silver prices decreased by 0.55%, closing at Rs 236,099, primarily attributed to profit-taking and the strengthening of the U.S. dollar in the wake of recent increases. Nonetheless, the overall market sentiment continued to be favourable following disappointing U.S. labour data, Read More …
Gold prices concluded the trading session with an increase of 1.11%, reaching Rs 147,378. This uptick was bolstered by disappointing US labour market data, which diminished the likelihood of an imminent interest rate increase by the Federal Reserve. In June, Read More …
Silver prices rebounded sharply, settling 2.66% higher at Rs 228,563, supported by fresh buying after recent declines. Despite the recovery, sentiment remained influenced by a stronger U.S. dollar and expectations that the U.S. Federal Reserve may continue tightening monetary policy Read More …
Gold prices increased by 0.09% to close at Rs 142,531, buoyed by short covering following recent declines. The market experienced continued pressure due to expectations that the U.S. Federal Reserve may persist in raising interest rates to manage ongoing inflationary Read More …
Gold and silver prices remained relatively stable on the Multi Commodity Exchange on Monday, even as renewed tensions in the Middle East heightened concerns regarding the precarious nature of the Iran-US ceasefire. Meanwhile, expectations of additional interest rate increases by Read More …
Gold prices experienced a notable decrease of 2.97%, concluding at Rs 149,309, influenced by a robust U.S. dollar and an increasingly hawkish position from the Federal Reserve. The Fed maintained its current interest rates but indicated an increasing consensus for Read More …
Reduced expectations of a U.S. Federal Reserve rate hike later this year helped gold prices rise by 0.11% to close at Rs 153,091. Market sentiment experienced an uptick following an interim U.S.–Iran peace agreement, which contributed to a reduction in Read More …
Gold prices edged higher by 0.11% to settle at Rs 153,091, supported by easing expectations of a U.S. Federal Reserve rate hike later this year. Market sentiment showed signs of improvement following an interim peace agreement between the U.S. and Read More …