Gold Dips as Oil Surge Sparks Inflation Worries Before Fed Decision

Bullions Updates

Gold prices concluded the session at Rs 143,309, reflecting a decline of 1.9%. This drop can be attributed to escalating crude oil prices, which have intensified inflation worries in anticipation of the Federal Reserve’s policy meeting scheduled for October 27-28. Read More …

Silver Surges Amid Supply Shortages Despite Sluggish Industrial Demand

Bullions Updates

Silver settled 0.25% higher at Rs 211,187, buoyed by a weaker dollar, which declined to 101.6, marking its lowest level in two weeks. This movement occurred amid concerns regarding artificial intelligence spending and a high interest rate environment that has Read More …

Gold Rises as Weaker Dollar Boosts Prices Amid Fed Uncertainty

Bullions Updates

Gold settled 0.29% higher at Rs 147,918, buoyed by a weaker dollar as investors evaluated the US Federal Reserve’s monetary policy outlook. Fed Chair Warsh did not indicate the outcome of the forthcoming FOMC meeting, while asserting that stronger-than-anticipated inflation Read More …

Gold Prices Surge as Dollar and US Treasury Yields Struggle Today

Bullions News

Gold closed 1.13% higher at Rs. 147,489 as investors evaluated the likelihood of additional Federal Reserve rate hikes and the currency and US Treasury yields continued to be under pressure. In September, US consumer prices experienced an uptick, primarily propelled Read More …

Gold Soars as Investors Scrutinise Fed’s September Minutes

Bullions Updates

Gold settled 0.34% higher at Rs. 149,610 as investors evaluated the minutes of the US Federal Reserve’s September meeting for insights into the interest rate trajectory. Fed policymakers exhibited a divergence of opinions regarding the necessity for further tightening. Some Read More …

Gold Dips as Weak US Jobs Data Strengthens Fed’s Steady Rate Outlook

Bullions Updates

Despite weaker-than-expected US jobs data, gold fell 0.71% to Rs 149,316 as markets assessed the Federal Reserve’s interest-rate outlook. Recent labor-market indicators imply stability, but persistent inflation remains the Fed’s principal concern, raising monetary policy uncertainty, said Chicago Fed President Read More …

Silver falls as Fed hawkishness outweighs Oil’s Inflation Relief Plans

Bullions News

Silver prices concluded the trading session with a decline of 1.66%, settling at Rs 235,895. This downturn was primarily influenced by the hawkish signals emanating from Federal Reserve officials, which overshadowed the supportive effects that declining oil prices typically have Read More …

Gold Prices Fall as Strong Dollar and Fed Hawkishness Weigh

Bullions Updates

Gold prices concluded the trading session with a decline of 0.93%, settling at Rs 151,299. This decrease was influenced by a robust dollar and assertive remarks from officials of the US Federal Reserve, which bolstered anticipations of a more stringent Read More …

Silver Rises on Low-Level Buying Amid Inflation Concerns

Bullions Updates

Silver prices concluded the session with a 0.24% increase, reaching Rs 2,39,888. This uptick was bolstered by low-level buying following recent market pressure. However, the potential for further gains was constrained by the hawkish indications from Federal Reserve officials concerning Read More …

Gold Slips as Fed’s Hawkish Stance Signals Prolonged High Rates

Bullions Updates

Gold prices concluded the trading session with a decline of 0.25%, settling at Rs 1,52,716. This downturn was influenced by assertive indications from Federal Reserve policymakers, which bolstered anticipations of prolonged higher interest rates. The Fed raised rates by 25 Read More …