Gold Dips as Weak US Jobs Data Strengthens Fed’s Steady Rate Outlook

Bullions Updates

Despite weaker-than-expected US jobs data, gold fell 0.71% to Rs 149,316 as markets assessed the Federal Reserve’s interest-rate outlook. Recent labor-market indicators imply stability, but persistent inflation remains the Fed’s principal concern, raising monetary policy uncertainty, said Chicago Fed President Read More …

Silver Falls As US-Iran Talks Stall, Oil Prices Rise, Fed Bets Rise

Bullions Updates

Silver prices experienced a significant decline of 3.09%, closing at Rs 2,27,442. This downturn can be attributed to the stagnation in US-Iran negotiations, which has contributed to elevated oil prices and bolstered expectations for further tightening measures by the Federal Read More …

Silver Rises on Short Covering After Dip from Strong US Jobs Data

Bullions Updates

Silver closed 0.57% higher at Rs 239,016 thanks to short covering after prices fell in response to better-than-expected US job statistics that raised bond yields and bolstered expectations of a rate hike by the Federal Reserve this month. In August, Read More …

Gold falls as Fed Chair Warsh suggests raising rates to curb inflation

Bullions Updates

Gold prices settled down 1.17% at Rs 154,460, pressured by a hawkish shift in U.S. Federal Reserve expectations after Chair Kevin Warsh indicated that interest-rate hikes may be required if inflation fails to move convincingly toward the 2% target. Markets Read More …

Gold Dips as Traders Book Profits and Dollar Strengthens

Bullions News

Gold settled down 0.21% at Rs 162,882, influenced by profit-taking and a stronger dollar in anticipation of the U.S. Personal Consumption Expenditures inflation data and Federal Reserve Chair Kevin Warsh’s comments at the Jackson Hole symposium. Despite the recent short-term Read More …

Silver Soars as Markets Reevaluate Fed Rate Hike Odds

Bullions News

Silver concluded the trading session with a notable increase of 2.49%, reaching Rs 2,31,466. This rise was bolstered by diminished anticipations of additional tightening measures from the Federal Reserve, following disappointing employment figures from the United States. In July, U.S. Read More …

Middle East tensions and inflation worries drive gold down

Bullions News

Gold futures settled lower by 0.32% at Rs 142,915, as easing geopolitical concerns in the Middle East and persistent inflation worries influenced market sentiment. Investors observed the unfolding situation following U.S. President Donald Trump’s announcement that Iran and various Middle Read More …