Gold and silver prices commenced trading on a subdued note on the Multi Commodity Exchange on Friday, influenced by a stronger dollar and increasing oil prices, which bolstered expectations for additional interest rate hikes by the U.S. Federal Reserve. In Read More …
Silver prices concluded the trading session with a significant increase of 1.53%, reaching Rs 2,74,265. This increase was supported by a decrease in U.S. Treasury yields and persistent geopolitical tensions stemming from the stalemate in U.S.-Iran negotiations. The decline in Read More …
Silver prices experienced a significant decline of 6.6%, closing at Rs 271886. This downturn was driven by escalating concerns over U.S. inflation and anticipations of a more stringent monetary policy, which led to substantial selling activity in the precious metals Read More …
Silver prices concluded the trading session with an increase of 1.31%, reaching Rs 261,922. This uptick was bolstered by diminishing worries regarding inflation and interest rates, fueled by a sense of optimism regarding a potential resolution to the Iran conflict. Read More …
Gold prices concluded the trading session with a slight increase of 0.18%, reaching Rs 152,530. This uptick can be attributed to a growing optimism surrounding a potential peace agreement between the US and Iran, which has alleviated fears regarding sustained Read More …
Silver declined by 0.2% to close at Rs 243,274, as market participants exercised caution in light of the ongoing diplomatic discussions between the US and Iran in Islamabad. The recent two-week ceasefire between the two nations has alleviated concerns regarding Read More …
Gold futures for delivery in June experienced a decline of Rs 3,043 or 2.06%, reaching an intraday low of Rs 1,44,212 per 10 grams on the Multi-Commodity Exchange on Monday, March 30, in contrast to the previous session’s close of 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 …
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 …