Silver Slides as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices

Bullions Updates

Silver settled down 1.02% at Rs 2,33,482, influenced by a strong US dollar and anticipations of an additional rate hike by the Federal Reserve, which exerted pressure on the precious metal. Robust economic indicators from the United States, coupled with Read More …

Gold Prices Slide as Fed Tightening Pressures Market Sentiment

Bullions Updates

Gold settled down 0.39% at Rs 1,50,710, influenced by expectations of additional tightening from the US Federal Reserve, as robust economic activity and increasing inflationary pressures bolstered a hawkish policy perspective. In September, US business activity surged to a level Read More …

Gold Soars as Treasury Yields Drop from Multi-Year Peaks

Bullions Updates

Gold prices concluded the trading session with a 0.92% increase, reaching Rs 1,54,381. This rise was bolstered by declining oil prices, which alleviated inflationary pressures and contributed to a decrease in bond yields. Oil prices fell for the third straight Read More …

Silver Gains 2.57% as Lower Yields Boost Demand

Bullions Updates

Silver settled 2.57% higher at Rs 242349, buoyed by a decline in US Treasury yields and a stabilisation in oil prices, which alleviated fears of renewed inflation and aggressive monetary tightening. Fed Governor Christopher Waller indicated that he would support Read More …

Silver Rises as Weak US Data Lowers Fed Rate Hike Expectations

Bullions Updates

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 Slides as Investors Assess Monetary Policy and Interest Rates

Bullions Updates

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 …