Gold Soars as Treasury Buyback Plan Pressures Dollar and Fuels Demand

Bullions Updates

Gold settled 0.49% higher at Rs 163,229, buoyed by a weaker dollar following the U.S. Treasury Department’s announcement of its buyback support plan. Investors are closely monitoring forthcoming U.S. inflation data and commentary from the Federal Reserve for insights into Read More …

Gold Soars as Dollar Dips Amid Treasury Bond Concerns

Bullions News

Gold settled 1.89% higher at Rs.162,438, buoyed by a weaker dollar as investors scrutinised the potential impact of the US Treasury’s expanded bond-buyback program on market confidence. Treasury Secretary Scott Bessent indicated that the government may further increase Treasury repurchases 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 …

Short-covering boosts silver amid US-Iran tensions Improving Inflation

Bullions Updates

Silver prices increased by 0.18%, closing at Rs 216,403, bolstered by short covering amid rising geopolitical tensions in the Middle East, which enhanced safe-haven demand. The ongoing conflict between the United States and Iran has led to an uptick in Read More …

Gold Prices Soar Amid Fed Warsh Insights and Rising Iran Tensions

Bullions News

Gold prices experienced an increase of 1.33%, closing at Rs 144,430. This rise was bolstered by a resurgence in safe-haven demand amid escalating geopolitical tensions between the US and Iran, alongside investor attention on remarks made by the newly appointed Read More …

Gold Soars on Short Covering Amid Inflation Rate Hike Worries

Bullions News

Gold prices increased by 0.09% to close at Rs 142,531, buoyed by short covering following recent declines. The market experienced continued pressure due to expectations that the U.S. Federal Reserve may persist in raising interest rates to manage ongoing inflationary Read More …