Silver drops as US inflation and growth support rate rises

Bullions Updates

Silver prices experienced a significant decline of 5.45%, closing at Rs 179,132. This downturn was influenced by ongoing US inflation, robust economic growth, and anticipations of additional monetary tightening by the Federal Reserve. The US PCE price index experienced a Read More …

Silver Falls 2.51% to Rs 189,453 as Rate Hike Fears Mount

Bullions Updates

Silver concluded the trading session with a decline of 2.51%, settling at Rs. 189,453. This downturn can be attributed to ongoing inflation worries, robust economic growth in the United States, and anticipations surrounding a possible interest rate increase in the Read More …

Silver Rises on Middle East Tensions and Fed Decision

Bullions Updates

Silver concluded the trading session with a modest increase of 0.04%, reaching Rs. 195,793, reflecting a gain of Rs. 74. This movement comes as investors remain attentive to developments in the Middle East while anticipating the upcoming Federal Reserve policy Read More …

Silver Falls As Oil Rises Increase US Rate Expectations

Bullions Updates

Silver settled 1.94% lower at Rs. 195,719 as rising crude oil prices and stronger-than-expected US consumer and producer inflation reinforced expectations of prolonged elevated interest rates, exerting downward pressure on the precious metal. climbed to a more than five-month high Read More …

Silver Gains as Supply Deficits Deepen Despite Weak Industrial Demand

Bullions Latest News

Silver concluded the trading session with a gain of 0.79%, reaching Rs. 211,485. This increase was bolstered by a drop in US 10-year Treasury yields, which fell to levels not seen in nearly a month, attributed to disappointing housing data. 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 …