Silver Soars as U.S.-Iran Peace Deal Reopens Strait of Hormuz

Bullions Updates

Silver prices extended gains, closing 2.14% higher at Rs 251,458, bolstered by widespread short covering and a rise in investor sentiment. The rally followed reports indicating that the United States and Iran had successfully negotiated a peace agreement, which would 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 Slides as US Inflation Matches Expectations

Bullions Updates

Silver prices experienced a decline of 1.27%, concluding at Rs 235,505, as market participants responded to a combination of mixed macroeconomic indicators and rising geopolitical tensions. US inflation data broadly aligned with expectations, providing some reassurance that escalating energy prices Read More …

Silver Slips as US Inflation Fears Rise

Bullions Updates

Silver prices experienced a notable decrease of 3.19%, concluding at Rs 238,528 as investors adopted a cautious stance in anticipation of significant U.S. inflation data due this week. Market participants expect U.S. inflation to reach 4.2% in May, marking the 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 falls as Middle East tensions raise global inflation fears

Bullions Updates

Silver prices experienced a notable decline of 2.2%, closing at Rs 270,628. This drop can be attributed to ongoing geopolitical uncertainties and increasing apprehensions regarding inflation-driven tighter monetary policy. Escalating tensions in the Middle East persistently affect market sentiment following Read More …