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 …

Gold Rallies for Third Session as Dollar and Treasury Yields Fall

Bullions News

Gold prices commenced higher for the third consecutive session on the MCX on Thursday, buoyed by a depreciating U.S. dollar, declining Treasury yields, and softening oil prices, amidst increasing optimism regarding the reopening of the Strait of Hormuz. In the Read More …

Silver Soars on Softer Inflation

Bullions Updates

Silver prices experienced a notable increase of 2.25%, closing at Rs 221,615. This rise was bolstered by enhanced market sentiment following U.S. President Donald Trump’s announcement regarding the resumption of peace talks with Iran, which alleviated geopolitical tensions and contributed Read More …

Gold Extends Gains as Oil Falls and Dollar Weakens

Bullions Updates

Gold prices extended gains on the MCX for a second consecutive session on Wednesday, as oil prices declined for a third straight day, alleviating inflation concerns. Investors are currently anticipating the forthcoming U.S. jobs data for new insights regarding the Read More …

Silver Prices Drop Amid Ongoing Middle East Risks and Fed Rate Doubts

Bullions Updates

Silver prices fell by 1.26%, closing at Rs 217,198, as investors weighed ongoing geopolitical tensions in the Middle East against the ambiguity of the Federal Reserve’s monetary policy direction. Despite the Federal Reserve maintaining the current interest rates, three members Read More …

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 …