Silver yesterday settled 3.17% higher at Rs 1,61,272, buoyed by soft U.S. economic data that reinforced expectations for a December Federal Reserve rate cut. Weaker retail sales, declining consumer confidence, and deteriorating labor market conditions—evidenced by ADP’s report indicating that Read More …
Gold prices experienced profit-taking from elevated levels amid market volatility, even with increasing expectations of Federal Reserve rate cuts in December and a decline in the dollar index. Gold February futures prices at MCX commenced trading with a decline of Read More …
Gold and prices commenced the day on a positive note on the MCX on Wednesday, continuing the upward trend observed this week. Gold February futures were priced at Rs 1,27,640 per 10 grams, reflecting an increase of Rs 645 or Read More …
Silver prices concluded the session unchanged at Rs 154151, indicating a measured market sentiment as investors strategically aligned themselves in anticipation of the forthcoming FOMC meeting in December. Expectations that the US Federal Reserve will maintain its current interest rates Read More …
Gold and silver prices experienced a slight decline on Thursday, November 20, as diminishing expectations for a US interest rate cut persisted in undermining sentiment for these precious metals. The most recent US Federal Reserve Minutes revealed a division among Read More …
Silver prices declined by 0.43% to Rs 154,644, influenced by a stronger US dollar and reduced expectations regarding a forthcoming Federal Reserve rate cut. The initial jobless claims reported in the first US labor market update following the extended government Read More …
Gold prices experienced a slight increase in early trading on Wednesday, November 19, breaking a two-day decline observed earlier this week, despite diminishing expectations for a US interest rate cut that continued to negatively impact sentiment towards these precious metals. Read More …
Silver prices declined by 0.45% to Rs 1,55,312, influenced by waning expectations regarding an imminent rate cut by the U.S. Federal Reserve. The likelihood of a 25 basis points reduction in December has decreased to 46%, a significant decline from Read More …
Silver experienced a significant decline of -3.97% yesterday, closing at Rs 156018. This drop was primarily influenced by a widespread market sell-off triggered by hawkish statements from U.S. Federal Reserve officials, which diminished expectations for a rate cut in December. Read More …
Gold prices declined in early trading on Monday, November 17, as investors realized profits after a significant global rally this year, coupled with hawkish remarks from U.S. Federal Reserve officials that moderated expectations for a rate cut in December. On Read More …