Silver Rises as Dollar Hits 4-Month Low, Boosting Bullion Demand

Bullions Updates

Silver settled 2% higher at Rs 244,213, buoyed by a weaker US dollar as investors evaluated renewed inflation risks stemming from escalating tensions in the Middle East and anticipated key US inflation data for insights into the Federal Reserve’s policy 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 Rises on Short Covering After Dip from Strong US Jobs Data

Bullions Updates

Silver closed 0.57% higher at Rs 239,016 thanks to short covering after prices fell in response to better-than-expected US job statistics that raised bond yields and bolstered expectations of a rate hike by the Federal Reserve this month. In August, Read More …

Silver Soars as Weak US Labour Data Shifts Fed Rate Expectations

Bullions Updates

Silver concluded the trading session with a 0.35% increase, reaching Rs 236,266, as investors recalibrated their expectations regarding the Federal Reserve’s interest rate trajectory in light of disappointing U.S. labour statistics and a halt in the upward momentum of oil Read More …

Silver Slides as Rising Yields and Inflation Fears Weigh on Prices

Bullions Updates

As rising bond yields and crude oil prices heightened fears about inflation and bolstered prospects of tighter monetary policy, silver fell precipitously by 1.95% to Rs 235,441. The U.S. dollar index regained positive momentum amid a global bond selloff, with Read More …

Silver Slides as Hawkish Warsh Comments Boost Rate Hike Outlook

Bullions Updates

Silver prices settled down 1.21% at Rs 233,841, influenced by hawkish remarks from U.S. Federal Reserve Chair Kevin Warsh, who cautioned that inflation is not easing significantly and emphasised the necessity to restore inflation toward the 2% target. Markets are Read More …

Silver Drops as Treasury Yields Climb Following Fed’s Hawkish Signals

Bullions Updates

As the dollar index rose to 99.5 from a three-month low of 98.8, silver finished drastically lower by 1.64% at Rs 236,704. Meanwhile, short-term Treasury yields increased following Federal Reserve Chair Kevin Warsh’s tougher stance on inflation. Warsh cautioned that Read More …