Silver Soars as Dollar Weakens and Data Damps Fed Rate Hike Hopes

Bullions Updates

Silver concluded the trading session with a 0.20% increase, reaching Rs 235,924, buoyed by a depreciating US dollar, as recent economic indicators have tempered anticipations of a Federal Reserve interest rate increase in September. In July, US retail sales experienced Read More …

Gold Rises as Fed Rate Hike Bets Fade

Bullions Updates

Gold concluded the trading session with a 0.68% increase, reaching Rs 154,506. This uptick was bolstered by a depreciating US dollar and diminished anticipations regarding a Federal Reserve rate increase, following inflation data from the US that largely met expectations. Read More …

Gold Soars as U.S.-Iran Peace Eases Oil Inflation Worries

Bullions Updates

Gold prices concluded the trading session with an increase of 1.06%, reaching Rs 142,883. This uptick was bolstered by short covering as investors evaluated the diplomatic initiatives aimed at alleviating tensions between the United States and Iran. Reports of potential Read More …

Gold Falls as Crude Oil Climbs and U.S.-Iran Tensions Shake Markets

Bullions Updates

Gold prices declined 1.25% to settle at Rs 143,478, influenced by rising crude oil prices and escalating U.S.-Iran tensions, which bolstered expectations that the Federal Reserve may sustain a restrictive monetary policy for an extended period. Minutes from the Fed’s Read More …