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 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 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 Soars as Rupee Surges Past 95

Bullions Updates

Silver prices experienced a decline of 0.94%, settling at Rs 266,998. This downturn was influenced by a stronger Indian Rupee, which traded above the 95 level, alongside diminishing geopolitical tensions following reports of a preliminary agreement between the United States Read More …

Silver Soars as Ceasefire Hopes Counter Fed’s Hawkish Stance

Bullions Updates

Silver prices increased by 1.25%, closing at Rs 269,537, as investors weighed the optimistic prospects for peace negotiations in the Middle East against ongoing inflation worries and a prudent outlook from the Federal Reserve. Market sentiment remained buoyed as Federal Read More …

Silver Dips on Inflation Worries and Rising U.S. Rate Expectations

Bullions Updates

Silver experienced a decline of 2.36% yesterday, closing at Rs 270119, as ongoing inflation worries and the anticipation of elevated U.S. interest rates significantly impacted the sentiment surrounding precious metals. Markets exhibited a degree of caution following US President Donald Read More …

Silver Soars on Strong Industrial Demand Amid Iran War Worries

Bullions Updates

Silver prices concluded the trading session with an increase of 0.27%, reaching Rs 279,062, driven by enhanced prospects for industrial demand and ongoing geopolitical uncertainty that continues to bolster the metal’s value. Market participants continued to concentrate on the economic Read More …

Silver Soars Amid Middle East Tensions and Inflation Fears

Bullions Updates

Silver prices increased by 0.17% to close at Rs 244,316, buoyed by ongoing geopolitical tensions and strong physical demand. However, the gains were limited due to uncertainty surrounding the interest rate outlook. Rising tensions between the United States and Iran, Read More …