Silver prices increased by 1.27% to close at Rs 233,304, buoyed by disappointing U.S. employment figures that strengthened the anticipation of a more measured approach from the Federal Reserve. The U.S. economy experienced a modest increase of 57,000 jobs in Read More …
Gold and silver commenced trading on a positive note on MCX on Friday, as disappointing U.S. labour market data led investors to reassess their projections regarding additional interest rate increases by the Federal Reserve. In the domestic market, silver futures Read More …
Silver prices rebounded sharply, settling 2.66% higher at Rs 228,563, supported by fresh buying after recent declines. Despite the recovery, sentiment remained influenced by a stronger U.S. dollar and expectations that the U.S. Federal Reserve may continue tightening monetary policy Read More …
Gold prices increased by 0.09% to close at Rs 142,531, buoyed by short covering following recent declines. The market experienced continued pressure due to expectations that the U.S. Federal Reserve may persist in raising interest rates to manage ongoing inflationary Read More …
Silver prices experienced a decline of 0.37%, concluding at Rs 222,634. This downturn can be attributed to the stronger US dollar, anticipations of further rate hikes by the US Federal Reserve, and ongoing geopolitical uncertainty that has impacted investor sentiment. Read More …
Silver prices concluded the trading session with a 0.79% increase, reaching Rs 221,404. This uptick was bolstered by a depreciating U.S. dollar and falling Treasury yields, following the release of the latest U.S. PCE inflation data, which largely aligned with Read More …
Gold and silver prices remained relatively stable on the Multi Commodity Exchange on Monday, even as renewed tensions in the Middle East heightened concerns regarding the precarious nature of the Iran-US ceasefire. Meanwhile, expectations of additional interest rate increases by Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with notable declines on Tuesday, influenced by a robust U.S. dollar that dampened demand. Concurrently, investors remained vigilant regarding the ongoing U.S.-Iran peace negotiations and were reevaluating Read More …
Silver prices experienced a decline of 0.54%, settling at Rs 250,105, as investors took a cautious approach in anticipation of the U.S. Federal Reserve’s monetary policy decision and sought additional clarity regarding the proposed U.S.-Iran peace agreement. Despite a decline Read More …
Reduced expectations of a U.S. Federal Reserve rate hike later this year helped gold prices rise by 0.11% to close at Rs 153,091. Market sentiment experienced an uptick following an interim U.S.–Iran peace agreement, which contributed to a reduction in Read More …