Silver concluded the day with a 0.17% increase, reaching Rs 239,427, as the dollar experienced a slight decline. Investors are strategically positioning themselves in anticipation of critical U.S. inflation data, which may provide insights into the Federal Reserve’s trajectory regarding Read More …
As investors anticipated the next PPI and CPI figures for more clarity on the Federal Reserve’s policy path, gold closed slightly higher by 0.03% at Rs 152,818. Stronger US job data strengthened hopes that interest rates could remain rising. US Read More …
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 …
Gold prices settled down 1.17% at Rs 154,460, pressured by a hawkish shift in U.S. Federal Reserve expectations after Chair Kevin Warsh indicated that interest-rate hikes may be required if inflation fails to move convincingly toward the 2% target. Markets Read More …
Gold settled sharply lower by 1.71% at Rs 156,281 as traders heightened their expectations of a Federal Reserve rate hike in light of Chair Kevin Warsh’s remarks regarding ongoing inflationary pressures. Warsh underscored that inflation has not significantly abated, with Read More …
Gold prices closed significantly lower by 1.98% at Rs 159,663 as investors reevaluated the Federal Reserve’s interest-rate perspective in light of robust US economic data that exceeded expectations. The July PCE price index rose by 0.2% month-on-month, surpassing expectations of Read More …
Silver prices concluded the trading session down by 1% at Rs 235,447, as the US dollar held steady following the release of US inflation data, which indicated a slight moderation in both annual headline and core inflation. This development alleviated Read More …
Gold prices settled lower by 0.91% at Rs 153,466, reflecting ongoing profit-taking pressure following US inflation data that diminished expectations for an imminent Federal Reserve rate hike. The US Consumer Price Index inflation rate decreased to 3.4% year-on-year in July, Read More …
Silver settled 0.92% higher at Rs 237,835, supported by U.S. inflation data that largely met expectations, easing concerns about a potential Federal Reserve rate hike. Core consumer prices increased by 0.2% on a month-on-month basis and 2.5% year-on-year in July, Read More …
Gold settled 0.73% higher at Rs 154,882, buoyed by a weaker dollar following U.S. inflation data that aligned with forecasts, thereby bolstering the view that the Federal Reserve might maintain interest rates at their current level in September. In July, Read More …
