Silver closed 0.57% higher at Rs 239,016 thanks to short covering after prices fell in response to better-than-expected US job statistics that raised bond yields and bolstered expectations of a rate hike by the Federal Reserve this month. In August, Read More …
Silver prices concluded the trading session with a notable decline of 1.94%, settling at Rs 237,658. This downturn was influenced by a stronger U.S. dollar and anticipations of a more stringent monetary policy from the Federal Reserve, prompted by solid Read More …
Silver concluded the trading session with a 0.35% increase, reaching Rs 236,266, as investors recalibrated their expectations regarding the Federal Reserve’s interest rate trajectory in light of disappointing U.S. labour statistics and a halt in the upward momentum of oil Read More …
Silver prices settled down 1.21% at Rs 233,841, influenced by hawkish remarks from U.S. Federal Reserve Chair Kevin Warsh, who cautioned that inflation is not easing significantly and emphasised the necessity to restore inflation toward the 2% target. Markets are Read More …
As the dollar index rose to 99.5 from a three-month low of 98.8, silver finished drastically lower by 1.64% at Rs 236,704. Meanwhile, short-term Treasury yields increased following Federal Reserve Chair Kevin Warsh’s tougher stance on inflation. Warsh cautioned that Read More …
As global bond yields shot to multi-year highs due to worries about excessive government expenditure and ongoing inflation, silver finished down 2.36% at Rs 232,419 amid a general correction in the metals market. Rising crude oil prices have further solidified Read More …
Silver prices concluded the trading session at Rs 235,659, reflecting a decline of 0.51% as investors took the opportunity to realise profits following the recent upward trend. This movement comes amid considerations regarding the implications of high oil prices on Read More …
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 …
After the U.S. Federal Reserve held interest rates but indicated growing support for a rate hike later this year, silver prices saw a significant reversal of 5.65% to end at Rs 237,572, reflecting weakness throughout the precious metals complex. Fed Read More …
Silver experienced a notable increase of 6.77%, closing at Rs 244,268, as market participants adjusted their positions in anticipation of the Federal Reserve’s January meeting minutes. The signals from policy remain inconclusive. Michael Barr reiterated that rates should remain unchanged Read More …
