Short covering helps silver amid strong currency and US rate hike

Bullions Updates

Silver prices rebounded sharply, settling 2.66% higher at Rs 228,563, supported by fresh buying after recent declines. Despite the recovery, sentiment remained influenced by a stronger U.S. dollar and expectations that the U.S. Federal Reserve may continue tightening monetary policy Read More …

Silver falls as dollar rises and policy tightens demand

Bullions Updates

Silver prices fell by 1.85%, closing at Rs 233,185, influenced by a stronger U.S. dollar and increasing expectations of tighter monetary policy. The dollar appreciated to a one-year peak following the Federal Reserve’s decision to keep interest rates steady while Read More …

Silver Soars on Lower Oil Prices and US-Iran Peace Hopes

Bullions Updates

Silver prices experienced a notable rebound, closing 2.73% higher at Rs 246,186, even amidst ongoing concerns regarding global interest rate expectations. The recovery was bolstered by a reduction in geopolitical tensions following signs that a potential US-Iran peace agreement might Read More …

Silver Rises as Middle East Tensions Weaken Dollar and Oil Prices

Bullions Updates

Silver prices concluded the trading session with an increase of 0.70% at Rs 264,796, buoyed by a depreciating U.S. dollar and diminishing inflation worries, as optimism grew for a diplomatic solution to the ongoing tensions in the Middle East. Optimism Read More …

Silver Slides as Strong Dollar and Fed Bets Weigh

Bullions Updates

Silver prices experienced a notable decline of 1.41%, closing at Rs 262,958. This downturn was influenced by a strengthening US dollar and increasing anticipations that the Federal Reserve may sustain elevated interest rates for an extended period. The dollar index Read More …