Silver Slips on Profit-Taking Despite Supportive US Jobs Data

Bullions Updates

Silver prices decreased by 0.55%, closing at Rs 236,099, primarily attributed to profit-taking and the strengthening of the U.S. dollar in the wake of recent increases. Nonetheless, the overall market sentiment continued to be favourable following disappointing U.S. labour data, Read More …

Silver Rises as Fed’s Warsh Hints at Easing US Inflation Risks

Bullions Updates

Silver prices advanced by 0.80% to settle at Rs 230,384, bolstered by enhanced investor sentiment following remarks from Federal Reserve Chair Kevin Warsh regarding the easing risks of US inflation. Softer inflation expectations were bolstered by weaker price components in 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 Dips Below $58 Amid Strong Dollar and Fed Concerns

Bullions Updates

Silver prices experienced a significant decline, closing 5.65% lower at Rs 2,13,075, as market participants increasingly anticipate that the U.S. Federal Reserve may sustain a tighter monetary policy for an extended period. A stronger U.S. dollar was the primary factor 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 …