Silver Soars Amid Supply Worries and Red Sea Tensions

Bullions Updates

Silver experienced a notable recovery, finishing 5.21% higher at Rs 240,892, as market participants responded to persistent geopolitical tensions and constricting physical supply conditions. The metal remains bolstered by apprehensions regarding interruptions in critical shipping lanes, especially given the increasing Read More …

Gold Renounces Early Losses After Trump Delays Iran Strike Five Days

Bullions Updates

Gold prices experienced a significant decline of 3.62%, concluding at Rs 1,39,260. However, the losses were somewhat mitigated following reports that President Donald Trump postponed possible military actions against Iran, referencing ongoing negotiations. Despite this temporary reprieve, gold continued its Read More …

Gold Slips as Stronger Dollar Dims Rate Cut Hopes

Bullions Updates

Gold prices experienced a decline of 1.72%, concluding at Rs 1,55,736. This downturn can be attributed to a stronger U.S. dollar and diminishing expectations for imminent interest rate reductions, which have impacted the metal’s conventional safe-haven allure. The decline occurred Read More …

Silver Prices Drop as Dollar Gains Ground Amid Middle East Tensions

Bullions Updates

Silver prices experienced a significant drop in the last session, closing 3.37% lower at Rs 268,491. This decline coincided with a strengthening U.S. Dollar Index as investors evaluated the implications of persistent geopolitical tensions and newly released inflation data from Read More …