Gold Dips as Strong Producer Prices Fuel Fed Rate Hike Expectations

Bullions News

Gold prices concluded the trading session with a decline of 0.92%, settling at Rs 1,52,341. This movement was influenced by stronger-than-anticipated US producer inflation, which has heightened expectations for a more stringent policy stance from the Federal Reserve in the Read More …

Silver Rises as Dollar Hits 4-Month Low, Boosting Bullion Demand

Bullions Updates

Silver settled 2% higher at Rs 244,213, buoyed by a weaker US dollar as investors evaluated renewed inflation risks stemming from escalating tensions in the Middle East and anticipated key US inflation data for insights into the Federal Reserve’s policy Read More …

Gold Gains as Dollar Weakness Supports Prices

Bullions News

Gold settled 0.78% higher at Rs 153,763, buoyed by a weaker US dollar as investors evaluated renewed inflation risks stemming from escalating tensions in the Middle East and anticipated key US inflation data for additional insights into the Federal Reserve’s Read More …

Silver Gains as Fed Rate Hike Bets Lift Inflation Focus

Bullions Updates

Silver concluded the day with a 0.17% increase, reaching Rs 239,427, as the dollar experienced a slight decline. Investors are strategically positioning themselves in anticipation of critical U.S. inflation data, which may provide insights into the Federal Reserve’s trajectory regarding Read More …

Gold Drops as Robust US Jobs Data Boosts Dollar

Bullions Updates

Gold prices settled sharply lower by 1.93% at Rs 152,767, influenced by stronger-than-anticipated U.S. employment data that heightened expectations of a Federal Reserve interest-rate increase as soon as September. U.S. job growth accelerated significantly in August, while the unemployment rate Read More …

Silver Gains 2.57% as Lower Yields Boost Demand

Bullions Updates

Silver settled 2.57% higher at Rs 242349, buoyed by a decline in US Treasury yields and a stabilisation in oil prices, which alleviated fears of renewed inflation and aggressive monetary tightening. Fed Governor Christopher Waller indicated that he would support Read More …