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 …
Silver prices experienced a notable decline of 1.84%, closing at Rs 239,638. This drop can be attributed to the upward movement in US Treasury yields and robust economic data, which have heightened concerns regarding the trajectory of the Federal Reserve’s Read More …
As investors awaited U.S. inflation data and Federal Reserve Chair Kevin Warsh’s remarks for additional hints on the interest-rate outlook, silver finished 0.96% lower at Rs 244,220 amid profit taking. The U.S. Treasury buyback support plan has driven the dollar Read More …
As global bond yields shot to multi-year highs due to worries about excessive government expenditure and ongoing inflation, silver finished down 2.36% at Rs 232,419 amid a general correction in the metals market. Rising crude oil prices have further solidified Read More …
Silver concluded the trading session with a 0.20% increase, reaching Rs 235,924, buoyed by a depreciating US dollar, as recent economic indicators have tempered anticipations of a Federal Reserve interest rate increase in September. In July, US retail sales experienced Read More …
Silver settled 0.92% higher at Rs 237,835, supported by U.S. inflation data that largely met expectations, easing concerns about a potential Federal Reserve rate hike. Core consumer prices increased by 0.2% on a month-on-month basis and 2.5% year-on-year in July, Read More …
