Silver Surges Amid Supply Shortages Despite Sluggish Industrial Demand

Bullions Updates

Silver settled 0.25% higher at Rs 211,187, buoyed by a weaker dollar, which declined to 101.6, marking its lowest level in two weeks. This movement occurred amid concerns regarding artificial intelligence spending and a high interest rate environment that has Read More …

Silver Plummets to Lowest Since Early August Amidst Strong US Inflation

Bullions Updates

Silver settled sharply lower by 4.96% at Rs 208,338, influenced by stronger-than-expected US inflation data that heightened expectations of additional Federal Reserve rate hikes. In September, the year-on-year US CPI inflation increased to 3.7%, surpassing expectations of 3.6%. Additionally, monthly Read More …

Silver Dips as Fed Minutes Hint at Possible Rate Hike

Bullions Updates

Silver settled 1.04% lower at Rs. 221,233 as investors assessed the latest Federal Reserve meeting minutes, which reinforced expectations of further monetary tightening amid persistent inflation concerns. All 19 policymakers supported the September rate increase, while most indicated that another Read More …

Silver Gains as Fed Rate Hike Bets Lift Inflation Focus

Bullions Updates

Silver concluded the day with a 0.17% increase, reaching Rs 239,427, as the dollar experienced a slight decline. Investors are strategically positioning themselves in anticipation of critical U.S. inflation data, which may provide insights into the Federal Reserve’s trajectory regarding Read More …

Silver Slips as US Inflation Fears Rise

Bullions Updates

Silver prices experienced a notable decrease of 3.19%, concluding at Rs 238,528 as investors adopted a cautious stance in anticipation of significant U.S. inflation data due this week. Market participants expect U.S. inflation to reach 4.2% in May, marking the Read More …

Silver Soars as Rupee Surges Past 95

Bullions Updates

Silver prices experienced a decline of 0.94%, settling at Rs 266,998. This downturn was influenced by a stronger Indian Rupee, which traded above the 95 level, alongside diminishing geopolitical tensions following reports of a preliminary agreement between the United States Read More …