Gold futures for December delivery decreased by Rs 1,481 or 1.19% to Rs 1,22,710 per 10 grams on the Multi-Commodity Exchange on Monday, November 24, as investors anticipate significant US economic data that may provide insight into the Federal Reserve’s Read More …
Silver prices declined by 0.62% to Rs 1,54,151 per kg as the market absorbed the U.S. Federal Reserve’s October minutes, which underscored a division among policymakers regarding the pace and timing of rate cuts. This development has tempered the recent Read More …
Gold prices commenced trading in negative territory on Friday, November 21, marking a continuation of gains for a second consecutive session as diminishing expectations for a US interest rate cut persistently weighed on sentiment for these precious metals. The most Read More …
Silver prices experienced a modest increase, closing 0.3% higher at Rs 155,107, as a risk-averse sentiment permeated global markets, bolstering demand for safe-haven assets. Minutes from the latest FOMC meeting indicated a split within the Federal Reserve, as certain officials Read More …
Silver prices declined by 0.43% to Rs 154,644, influenced by a stronger US dollar and reduced expectations regarding a forthcoming Federal Reserve rate cut. The initial jobless claims reported in the first US labor market update following the extended government Read More …
Gold prices experienced a slight increase in early trading on Wednesday, November 19, breaking a two-day decline observed earlier this week, despite diminishing expectations for a US interest rate cut that continued to negatively impact sentiment towards these precious metals. Read More …
Silver prices declined by 0.45% to Rs 1,55,312, influenced by waning expectations regarding an imminent rate cut by the U.S. Federal Reserve. The likelihood of a 25 basis points reduction in December has decreased to 46%, a significant decline from Read More …
Silver experienced a significant decline of -3.97% yesterday, closing at Rs 156018. This drop was primarily influenced by a widespread market sell-off triggered by hawkish statements from U.S. Federal Reserve officials, which diminished expectations for a rate cut in December. Read More …
Gold prices declined in early trading on Monday, November 17, as investors realized profits after a significant global rally this year, coupled with hawkish remarks from U.S. Federal Reserve officials that moderated expectations for a rate cut in December. On Read More …
Silver prices increased by 0.23% to Rs 162,470 as investors turned to safe-haven assets in response to persistent global uncertainties. Anticipations regarding forthcoming Federal Reserve rate reductions bolstered sentiment, underpinned by indications of a softening labor market in the United Read More …