Gold prices increased by 0.74% to close at Rs 161,145, bolstered by a resurgence in safe-haven demand due to escalating tensions between the United States and Iran, alongside ongoing uncertainty regarding U.S. trade policy. Market participants are attentively monitoring the imminent nuclear discussions between Washington and Tehran, particularly in light of President Trump’s caution regarding Read More
Gold exhibited a robust performance, increasing approximately 3.01% to Rs 161,598, as renewed trade tensions spurred safe-haven demand. The context of U.S. policy changes, highlighted by President Trump’s decision to increase global tariffs from 10% to 15% after the Supreme Court dismissed previous “reciprocal tariffs,” has created turbulence in markets, enhancing the attractiveness of bullion Read More
Gold experienced a significant decline of 2.16%, closing at Rs 151,418, influenced by a robust U.S. dollar and a prevailing cautious sentiment in anticipation of updates regarding U.S.–Iran negotiations and new indications from the Federal Reserve. Comments from Austan Goolsbee of the Chicago Fed indicated that rates might eventually decline, although persistent services inflation continues Read More
The price of silver had a significant increase of more than two percent, getting closer and closer to the $80 threshold, after a significant rally in the session before this one. The level of consumer participation remained strong even after a significant market correction that reduced its value by roughly half. As a result of Read More
Gold prices experienced a significant decline of 3.01%, closing at Rs 1,47,753 as traders took profits in the wake of the announcement of Kevin Warsh as the next nominee for U.S. Federal Reserve Chair, alongside stronger-than-anticipated U.S. producer price data that bolstered the dollar and exerted pressure on bullion. The Federal Reserve’s most recent economic Read More
