Silver Rises as Dollar Weakens and Oil Drops Post-Iranian and Qatari Talks

Bullions Updates

Silver concluded the trading session with a 2.59% increase, reaching Rs. 1,83,779 per kg. This uptick was bolstered by a weaker market sentiment and declining prices, influenced by diplomatic talks between Iranian and Qatari officials focused on resolving the ongoing Read More …

Silver Falls As Oil Rises Fuel Inflation Concerns

Bullions Updates

Silver settled 1.1% lower at Rs 209,168 as rising oil prices intensified inflation concerns and bolstered expectations of tighter monetary policy. Oil prices resumed their upward trajectory following a diplomat’s dismissal of reports suggesting an imminent resolution to the US-Iran Read More …

Gold Drops as Rising Oil Prices Fuel Inflation Worries

Bullions News

Gold settled 0.51% lower at Rs. 146,519 as elevated oil prices intensified inflation concerns, bolstering expectations of tighter monetary policy, while a stronger US dollar and rising bond yields exerted additional pressure. Ongoing conflicts in the Middle East and Eastern 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 Investors Anticipate US Inflation Reports

Bullions Updates

Silver concluded the trading session with a decline of 1.27%, settling at Rs 222,877. This downturn was influenced by apprehensions regarding a more stringent US monetary policy, particularly in anticipation of critical consumer and producer price inflation data that may 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 …