Silver Dips as Traders Anticipate Fed Policy and Warsh’s Remarks

Bullions News

Silver settled down 1.22% at Rs 194,325, pressured by a stronger dollar, elevated Treasury yields, and expectations that interest rates may remain higher for longer as investors assessed the Federal Reserve’s policy outlook. The strengthened to 102.2, achieving a two-week Read More …

Gold Drops as Rising Oil Prices Fuel Inflation Worries

Bullions News

Gold settled 0.51% lower at Rs. 146,519 as elevated oil prices intensified inflation concerns, bolstering expectations of tighter monetary policy, while a stronger US dollar and rising bond yields exerted additional pressure. Ongoing conflicts in the Middle East and Eastern Read More …

Silver Plummets to Lowest Since Early August Amidst Strong US Inflation

Bullions Updates

Silver settled sharply lower by 4.96% at Rs 208,338, influenced by stronger-than-expected US inflation data that heightened expectations of additional Federal Reserve rate hikes. In September, the year-on-year US CPI inflation increased to 3.7%, surpassing expectations of 3.6%. Additionally, monthly Read More …

Silver Holds Firm as Fed Hike Bets Fade and Supply Deficit Widens

Bullions Updates

Silver settled marginally higher by 0.09% at Rs 226,087 as weaker-than-expected US employment data reduced pressure on the Federal Reserve to raise interest rates further. US payrolls increased by only 29,000 in September against expectations of 90,000, while August gains Read More …

Silver Rises as US PCE Inflation Data Softens Fed Rate Hike Expectations

Bullions News

Silver concluded the trading session with a gain of 0.97%, reaching Rs 225,877. This increase was bolstered by US PCE inflation data that came in softer than anticipated, leading to diminished expectations for a Federal Reserve rate hike in October. Read More …

Silver Rises on Short Covering After Dip from Strong US Jobs Data

Bullions Updates

Silver closed 0.57% higher at Rs 239,016 thanks to short covering after prices fell in response to better-than-expected US job statistics that raised bond yields and bolstered expectations of a rate hike by the Federal Reserve this month. In August, Read More …

Silver Drops as Treasury Yields Climb Following Fed’s Hawkish Signals

Bullions Updates

As the dollar index rose to 99.5 from a three-month low of 98.8, silver finished drastically lower by 1.64% at Rs 236,704. Meanwhile, short-term Treasury yields increased following Federal Reserve Chair Kevin Warsh’s tougher stance on inflation. Warsh cautioned that Read More …