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 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 …
Silver settled up 0.42% at Rs 240,651 as the 10-year US Treasury yield edged higher to 4.65%, while investors assessed fresh US economic data for clues on the Federal Reserve’s interest-rate path. The US PCE price index increased by 0.2% Read More …
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 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 …
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 …
Gold prices concluded the trading session with a modest increase of 0.11%, reaching Rs 141,781. This uptick was attributed to short covering following a period of weakness influenced by a robust US dollar and heightened Treasury yields. Market participants exhibited Read More …
Gold prices continued their downward trend for a second consecutive session on the MCX on Friday, coinciding with Brent crude surpassing $100 a barrel. This development has heightened inflation concerns and bolstered expectations that interest rates may persist at elevated Read More …
Silver prices concluded the trading session with an increase of 0.92%, reaching Rs 218,400. This uptick was bolstered by short covering and the persistent geopolitical tensions in the Middle East. Market sentiment continued to center on the U.S.-Iran conflict, as Read More …
Gold prices declined by 0.29% to close at Rs 141,850, as investors weighed the implications of easing U.S. inflation data against the backdrop of escalating geopolitical tensions in the Middle East. Softer-than-anticipated U.S. producer prices, coupled with subdued consumer inflation, Read More …
