As investors awaited U.S. inflation data and Federal Reserve Chair Kevin Warsh’s remarks for additional hints on the interest-rate outlook, silver finished 0.96% lower at Rs 244,220 amid profit taking. The U.S. Treasury buyback support plan has driven the dollar Read More …
Silver settled 2.73% higher at Rs 243,243, buoyed by reduced expectations of an imminent US Federal Reserve rate hike in the context of rising tensions in the Middle East and disappointing US economic data, while actions in the Treasury market Read More …
Gold settled 0.9% higher at Rs 159,425, buoyed by an unexpected liquidity manoeuvre from the US Treasury that resulted in lower bond yields and a weaker dollar. However, the ascent was tempered by increasing oil prices and assertive signals from Read More …
Silver settled 1.88% higher at Rs 236,787, buoyed by expectations that the US Treasury will at least double the size of its buyback operations for long-term notes and bonds, which could enhance liquidity in the government bond market. However, the Read More …
Gold concluded the trading session with a 2.42% increase, reaching Rs 157,996, buoyed by a declining US dollar and a reduction in global bond yields. Market participants are now looking ahead to the forthcoming Federal Reserve meeting minutes for insights Read More …
As global bond yields shot to multi-year highs due to worries about excessive government expenditure and ongoing inflation, silver finished down 2.36% at Rs 232,419 amid a general correction in the metals market. Rising crude oil prices have further solidified Read More …
As surging oil prices heightened concerns about inflation and drove up U.S. Treasury yields—the 30-year yield hit a nearly two-decade high—gold fell 1.08% to Rs 154,262. Crude prices surged to their highest level in over two weeks, driven by expectations Read More …
Silver settled 0.9% higher at Rs 238,048, buoyed by weaker US economic data that diminished expectations of an imminent Federal Reserve interest-rate hike. US retail sales experienced a decline of 0.6% month-on-month in July, falling short of expectations that anticipated Read More …
Gold settled 0.93% higher at Rs 155,940, buoyed by a weaker US dollar and diminished expectations regarding a Federal Reserve interest-rate increase in September. An unexpected decline in US nonfarm payrolls in July, coupled with mild consumer inflation, has diminished Read More …
Silver concluded the trading session with a 0.20% increase, reaching Rs 235,924, buoyed by a depreciating US dollar, as recent economic indicators have tempered anticipations of a Federal Reserve interest rate increase in September. In July, US retail sales experienced Read More …
