Gold futures for April delivery experienced a decline of Rs 8,325 or 5.76%, reaching an intraday low of Rs 1,36,167 per 10 grams on the Multi-Commodity Exchange on Monday, March 23. At approximately 11:30 AM, the contract was trading at Read More …
Silver experienced a significant decline, falling 6.74% to close at Rs 2,31,460, as the pressure on precious metals escalated in the context of persistent geopolitical tensions and a transition towards more hawkish central bank policies. Investors are reevaluating their perspectives Read More …
Gold prices experienced a significant downturn, decreasing by 5.27% to close at Rs 1,44,954, influenced by a hawkish posture from the Federal Reserve that adversely affected market sentiment. Although rates remained steady, policymakers indicated that any potential rate reductions would Read More …
Silver prices experienced a notable decline, decreasing by 1.94% to close at Rs 2,48,194, influenced by a robust dollar and ongoing concerns regarding inflation that dampened market sentiment. The dollar index rose to nearly 99.9, bolstered by stronger-than-anticipated inflation figures Read More …
Silver prices decreased by 1.33%, closing at Rs 2,53,113, as market participants assessed the inflationary risks associated with the ongoing conflict in the Middle East and its potential effects on global monetary policy. Increasing energy costs have intensified inflationary pressures, Read More …
Gold prices increased by 0.16% to close at Rs 1,55,985, bolstered by ongoing safe-haven demand in the context of rising geopolitical tensions in the Middle East. As the conflict involving Iran extends into its third week, uncertainty has deepened, particularly Read More …
Silver prices experienced a significant decline, closing 3.18% lower at Rs 259,435, influenced by the strengthening of the U.S. dollar, which exerted considerable pressure on the precious metals market. The dollar index sustained its position above the 100 threshold, marking Read More …
The ongoing Iran-Israel war has not improved sentiment in the bullion market, as gold prices continued their downward trend on Monday. The April yellow metal futures declined by Rs 3,000 per 10 gram (2%) to reach a day’s low of Read More …
Gold prices experienced an increase in the previous session, closing 1.87% higher at Rs 163,303, bolstered by a declining dollar and reduced energy prices following Donald Trump’s indication that the current conflict in the Middle East may soon reach a Read More …
Gold prices experienced a downturn in the prior session, closing 1.15% lower at Rs 1,59,673, influenced by the strength of the U.S. dollar impacting bullion valuations. The dollar appreciated in value as geopolitical tensions escalated due to the continuing conflict Read More …