Silver prices extended gains, closing 2.14% higher at Rs 251,458, bolstered by widespread short covering and a rise in investor sentiment. The rally followed reports indicating that the United States and Iran had successfully negotiated a peace agreement, which would Read More …
Gold and silver prices ended their three-day upward trend on Tuesday, starting lower on the Multi Commodity Exchange as investors sought more clarity regarding the preliminary peace agreement between the US and Iran. In the domestic market, MCX silver futures Read More …
Silver prices experienced a notable rebound, closing 2.73% higher at Rs 246,186, even amidst ongoing concerns regarding global interest rate expectations. The recovery was bolstered by a reduction in geopolitical tensions following signs that a potential US-Iran peace agreement might Read More …
Silver prices closed up by 1.76% at Rs 239,653, buoyed by a more favourable risk sentiment following U.S. President Donald Trump’s suggestion that a peace agreement with Iran might be reached as soon as this weekend. However, underlying inflation concerns Read More …
Gold prices concluded the session with an increase of 0.62%, reaching Rs 148,932. This rise was bolstered by increasing optimism regarding a possible peace agreement between the United States and Iran, which contributed to alleviating worries about sustained inflationary pressures Read More …
Silver prices fell by 0.86% to close at Rs 246,389, as robust U.S. economic data bolstered expectations that the Federal Reserve may increase interest rates later this year. The U.S. labour market demonstrated resilience, as nonfarm payrolls rose by 172,000 Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a decline on Tuesday, as market participants assessed the tenuous ceasefire between Israel and Iran, while remaining vigilant regarding the evolving situation in the wider Middle Read More …
Silver prices experienced a notable drop of 6.14%, closing at Rs 248,537. This decline was influenced by a stronger US dollar and solid US economic data, which bolstered expectations for prolonged higher interest rates. The dollar index rose above 99.60 Read More …
Silver prices experienced a notable decline of 1.41%, closing at Rs 262,958. This downturn was influenced by a strengthening US dollar and increasing anticipations that the Federal Reserve may sustain elevated interest rates for an extended period. The dollar index Read More …
Gold prices experienced a decline of 0.52%, settling at Rs 158,519. This movement was influenced by stronger-than-anticipated U.S. economic data, which in turn elevated Treasury yields and solidified expectations for additional monetary tightening by the Federal Reserve. The yield on Read More …