Silver settled marginally lower by 0.04% at Rs 244,127 as the dollar index steadied near 99 on safe-haven demand following fresh U.S. sanctions targeting Iran. However, the greenback remained near three-month lows as the U.S. Treasury expanded its buyback program Read More …
Silver settled 1.88% higher at Rs 236,787, buoyed by expectations that the US Treasury will at least double the size of its buyback operations for long-term notes and bonds, which could enhance liquidity in the government bond market. However, the Read More …
Silver settled 0.9% higher at Rs 238,048, buoyed by weaker US economic data that diminished expectations of an imminent Federal Reserve interest-rate hike. US retail sales experienced a decline of 0.6% month-on-month in July, falling short of expectations that anticipated Read More …
Silver prices concluded the session at Rs 225,836, reflecting a decline of 0.77% as investors assessed the implications of U.S. monetary policy and anticipated future interest rate adjustments. The downside remained constrained following an agreement between Iran and Oman to Read More …
Gold prices concluded the trading session with a 0.25% increase, reaching Rs 148,858. This uptick was bolstered by diminishing worries regarding inflation and the prevailing sentiment that the U.S. Federal Reserve might not pursue a tightening of monetary policy as Read More …
Gold prices commenced higher for the third consecutive session on the MCX on Thursday, buoyed by a depreciating U.S. dollar, declining Treasury yields, and softening oil prices, amidst increasing optimism regarding the reopening of the Strait of Hormuz. In the Read More …
Silver prices fell by 1.26%, closing at Rs 217,198, as investors weighed ongoing geopolitical tensions in the Middle East against the ambiguity of the Federal Reserve’s monetary policy direction. Despite the Federal Reserve maintaining the current interest rates, three members Read More …
Gold prices fell by 1.01%, closing at Rs 143,376, as the U.S. dollar strengthened after the Federal Reserve’s recent policy meeting, where interest rates were maintained at their current levels. Fed Chair Kevin Warsh provided minimal insight regarding forthcoming policy, Read More …
Silver prices concluded the trading session with a 0.76% increase, reaching Rs 217,479. This uptick was attributed to short covering following prior declines, as renewed geopolitical tensions in the Middle East contributed to a rise in crude oil prices, thereby 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 …
