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 concluded the trading session with a notable increase of 2.49%, reaching Rs 2,31,466. This rise was bolstered by diminished anticipations of additional tightening measures from the Federal Reserve, following disappointing employment figures from the United States. In July, U.S. Read More …
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 experienced a modest increase, whereas silver saw a slight decline on the MCX on Friday. This movement was influenced by renewed hostilities between the U.S. and Iran, which propelled oil prices upward, thereby heightening inflation concerns and reinforcing Read More …
Silver prices experienced a notable decline of 3.21%, closing at Rs 223,437. This movement can be attributed to investor reactions to heightened geopolitical tensions and a resurgence of inflation concerns, particularly in light of U.S. President Donald Trump’s declaration that Read More …
Silver prices experienced a significant decline, closing 5.65% lower at Rs 2,13,075, as market participants increasingly anticipate that the U.S. Federal Reserve may sustain a tighter monetary policy for an extended period. A stronger U.S. dollar was the primary factor Read More …
After the U.S. Federal Reserve held interest rates but indicated growing support for a rate hike later this year, silver prices saw a significant reversal of 5.65% to end at Rs 237,572, reflecting weakness throughout the precious metals complex. Fed Read More …
Silver prices experienced a decline of 0.54%, settling at Rs 250,105, as investors took a cautious approach in anticipation of the U.S. Federal Reserve’s monetary policy decision and sought additional clarity regarding the proposed U.S.-Iran peace agreement. Despite a decline Read More …
Silver prices extended gains, closing 2.14% higher at Rs 251,458, bolstered by widespread short covering and a rise in investor sentiment. The rally followed reports indicating that the United States and Iran had successfully negotiated a peace agreement, which would Read More …
Gold and silver prices ended their three-day upward trend on Tuesday, starting lower on the Multi Commodity Exchange as investors sought more clarity regarding the preliminary peace agreement between the US and Iran. In the domestic market, MCX silver futures Read More …
