Gold Soars as Fed Hike Hopes Dwindle, Eyes on US Inflation Data Today

Bullions Updates

Gold prices concluded the trading session at Rs 153,099, reflecting an increase of 0.84%. This uptick was bolstered by disappointing U.S. jobs data, which tempered anticipations regarding imminent rate hikes by the Federal Reserve. The U.S. economy unexpectedly shed jobs Read More …

Silver falls as geopolitical risks ease and the dollar weakens

Bullions Updates

Despite assistance from a declining US dollar, silver futures ended the day lower by 0.21% at Rs 216,746 as demand for safe havens decreased due to a reduction in global tensions. Market sentiment improved following indications from U.S. President Donald Read More …

Silver Falls As Dollar Strengthens, Fed Policy Decision Weighs

Bullions Updates

Silver prices experienced a decline of 2.41%, settling at Rs 215,840. This downturn was influenced by a stronger U.S. dollar and a prevailing cautious sentiment among investors in anticipation of the Federal Reserve’s policy decision. The dollar held steady near Read More …

Gold Drops Amid Fed Rate Hike Concerns Ahead of Policy Meeting

Bullions Updates

As investors continued to exercise caution in anticipation of the US Federal Reserve’s policy decision, gold saw a slight decline of 0.03%, closing at Rs 143,063. Market participants largely anticipate that the Fed will maintain the current interest rates this Read More …

Silver Drops as Middle East Tensions Drive Oil and Market Volatility

Bullions Updates

Silver prices experienced a significant decline of 3.36%, concluding at Rs 219,375. This drop can be attributed to the intensifying geopolitical tensions in the Middle East, which have heightened inflation concerns and bolstered expectations for a more stringent U.S. monetary Read More …

Silver Dips as US Inflation Data Fuels Risk Asset Shift

Bullions Updates

Silver prices fell by 1.15%, closing at Rs 220,620, as investors gravitated towards riskier assets following softer-than-anticipated U.S. inflation data, which diminished the appeal of safe-haven investments. The latest U.S. Consumer Price Index indicated that headline inflation decreased by 0.4% Read More …