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 …

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 …

Middle East tensions and inflation worries drive gold down

Bullions News

Gold futures settled lower by 0.32% at Rs 142,915, as easing geopolitical concerns in the Middle East and persistent inflation worries influenced market sentiment. Investors observed the unfolding situation following U.S. President Donald Trump’s announcement that Iran and various Middle Read More …

Silver Falls As Dollar Strengthens, Fed Policy Decision Weighs

Bullions Updates

Silver prices experienced a decline of 2.41%, settling at Rs 215,840. This downturn was influenced by a stronger U.S. dollar and a prevailing cautious sentiment among investors in anticipation of the Federal Reserve’s policy decision. The dollar held steady near Read More …

Gold falls amid Middle East tensions and inflation

Bullions Updates

Gold prices declined by 0.29% to close at Rs 141,850, as investors weighed the implications of easing U.S. inflation data against the backdrop of escalating geopolitical tensions in the Middle East. Softer-than-anticipated U.S. producer prices, coupled with subdued consumer inflation, Read More …