Gold Falls as Stronger Dollar Counters Lower Fed Rate Hike Hopes

Bullions Updates

Gold prices fell by 1.01%, closing at Rs 143,376, as the U.S. dollar strengthened after the Federal Reserve’s recent policy meeting, where interest rates were maintained at their current levels. Fed Chair Kevin Warsh provided minimal insight regarding forthcoming policy, Read More …

Gold Recovers as Investors Eye US Inflation Data

Bullions Updates

Gold prices concluded the trading session with a modest increase of 0.11%, reaching Rs 141,781. This uptick was attributed to short covering following a period of weakness influenced by a robust US dollar and heightened Treasury yields. Market participants exhibited Read More …

Silver Falls As Fed Rate Hikes Expectations Consider Market Sentiment

Bullions Updates

Silver declined 0.43% to settle at Rs 221,173, extending recent losses as investors maintained a cautious stance ahead of the US Federal Reserve’s policy decision. Markets maintain the expectation that the Fed will hold interest rates steady this week, yet Read More …

Gold Drops Amid Fed Rate Hike Concerns Ahead of Policy Meeting

Bullions Updates

As investors continued to exercise caution in anticipation of the US Federal Reserve’s policy decision, gold saw a slight decline of 0.03%, closing at Rs 143,063. Market participants largely anticipate that the Fed will maintain the current interest rates this Read More …

Silver Drops as Middle East Tensions Drive Oil and Market Volatility

Bullions Updates

Silver prices experienced a significant decline of 3.36%, concluding at Rs 219,375. This drop can be attributed to the intensifying geopolitical tensions in the Middle East, which have heightened inflation concerns and bolstered expectations for a more stringent U.S. monetary Read More …