Gold Rises as Fed Rate Hike Bets Fade

Bullions Updates

Gold concluded the trading session with a 0.68% increase, reaching Rs 154,506. This uptick was bolstered by a depreciating US dollar and diminished anticipations regarding a Federal Reserve rate increase, following inflation data from the US that largely met expectations. Read More …

Silver Slides as U.S. Inflation Relaxes Fed’s Rate Hike Pressure

Bullions Updates

Silver prices concluded the trading session down by 1% at Rs 235,447, as the US dollar held steady following the release of US inflation data, which indicated a slight moderation in both annual headline and core inflation. This development alleviated Read More …

Silver Soars as US Inflation Eases Fed Rate Hike Worries

Bullions Updates

Silver settled 0.92% higher at Rs 237,835, supported by U.S. inflation data that largely met expectations, easing concerns about a potential Federal Reserve rate hike. Core consumer prices increased by 0.2% on a month-on-month basis and 2.5% year-on-year in July, Read More …

Gold Rises as Fed Rate Hike Fades and China Boosts July Buys

Bullions News

Gold prices concluded the trading session with a 0.44% increase, reaching Rs 153,765. This uptick was bolstered by diminishing expectations surrounding Federal Reserve rate hikes and reports indicating that China’s central bank augmented its gold purchases in July. Investors maintained Read More …

Silver Surges on Surprise US Labour Market Contraction

Bullions Updates

Silver prices concluded the trading session with a 2.33% increase, reaching Rs 236,867. This uptick was bolstered by an unforeseen contraction in the U.S. labour market, which subsequently diminished expectations for an imminent rate hike by the Federal Reserve. The Read More …

Gold Soars as Fed Hike Hopes Dwindle, Eyes on US Inflation Data Today

Bullions Updates

Gold prices concluded the trading session at Rs 153,099, reflecting an increase of 0.84%. This uptick was bolstered by disappointing U.S. jobs data, which tempered anticipations regarding imminent rate hikes by the Federal Reserve. The U.S. economy unexpectedly shed jobs Read More …

Silver Slides as Investors Assess Monetary Policy and Interest Rates

Bullions Updates

Silver prices concluded the session at Rs 225,836, reflecting a decline of 0.77% as investors assessed the implications of U.S. monetary policy and anticipated future interest rate adjustments. The downside remained constrained following an agreement between Iran and Oman to Read More …