Silver Rises as Weak US Data Lowers Fed Rate Hike Expectations

Bullions Updates

Silver settled 0.9% higher at Rs 238,048, buoyed by weaker US economic data that diminished expectations of an imminent Federal Reserve interest-rate hike. US retail sales experienced a decline of 0.6% month-on-month in July, falling short of expectations that anticipated 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 Slides as Investors Assess Monetary Policy and Interest Rates

Bullions Updates

Silver prices concluded the session at Rs 225,836, reflecting a decline of 0.77% as investors assessed the implications of U.S. monetary policy and anticipated future interest rate adjustments. The downside remained constrained following an agreement between Iran and Oman to Read More …

Silver Prices Drop Amid Ongoing Middle East Risks and Fed Rate Doubts

Bullions Updates

Silver prices fell by 1.26%, closing at Rs 217,198, as investors weighed ongoing geopolitical tensions in the Middle East against the ambiguity of the Federal Reserve’s monetary policy direction. Despite the Federal Reserve maintaining the current interest rates, three members Read More …

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 …