Gold Prices Fall as Investors Compare New US Data for Fed Rate Predictions

Bullions Updates

Gold prices closed significantly lower by 1.98% at Rs 159,663 as investors reevaluated the Federal Reserve’s interest-rate perspective in light of robust US economic data that exceeded expectations. The July PCE price index rose by 0.2% month-on-month, surpassing expectations of Read More …

Silver Rises As US Dollar Faces Inflation Risks Amid US-Iran Conflict

Bullions Updates

Silver settled 2.73% higher at Rs 243,243, buoyed by reduced expectations of an imminent US Federal Reserve rate hike in the context of rising tensions in the Middle East and disappointing US economic data, while actions in the Treasury market Read More …

Silver Falls as Rising Bond Yields Pressure Metals

Bullions Updates

As global bond yields shot to multi-year highs due to worries about excessive government expenditure and ongoing inflation, silver finished down 2.36% at Rs 232,419 amid a general correction in the metals market. Rising crude oil prices have further solidified Read More …

Silver Surges on Surprise US Labour Market Contraction

Bullions Updates

Silver prices concluded the trading session with a 2.33% increase, reaching Rs 236,867. This uptick was bolstered by an unforeseen contraction in the U.S. labour market, which subsequently diminished expectations for an imminent rate hike by the Federal Reserve. The Read More …

Silver Soars on Softer Inflation

Bullions Updates

Silver prices experienced a notable increase of 2.25%, closing at Rs 221,615. This rise was bolstered by enhanced market sentiment following U.S. President Donald Trump’s announcement regarding the resumption of peace talks with Iran, which alleviated geopolitical tensions and contributed Read More …

Gold Extends Gains as Oil Falls and Dollar Weakens

Bullions Updates

Gold prices extended gains on the MCX for a second consecutive session on Wednesday, as oil prices declined for a third straight day, alleviating inflation concerns. Investors are currently anticipating the forthcoming U.S. jobs data for new insights regarding the 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 …

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 …