Gold Bounces Back as Dollar Dips and Global Bond Yields Fall

Bullions Updates

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 …

Silver Soars as Dollar Weakens and Data Damps Fed Rate Hike Hopes

Bullions Updates

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 …

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 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 …

Silver Soars as Markets Reevaluate Fed Rate Hike Odds

Bullions News

Silver concluded the trading session with a notable increase of 2.49%, reaching Rs 2,31,466. This rise was bolstered by diminished anticipations of additional tightening measures from the Federal Reserve, following disappointing employment figures from the United States. In July, U.S. Read More …