Gold prices increased by 0.36 percent to close at Rs 134,894, as investors continued to consider the likelihood of further monetary easing by the US Federal Reserve in the coming year. Recent US labour market data indicated a continued cooling trend, as the unemployment rate unexpectedly increased to 4.6 percent in November, while wage growth Read More
Silver prices have surged to unprecedented levels, with the metal approaching $66 internationally while MCX silver has climbed to a record high of 205,934. The rally reflects growing investor interest in alternative assets amid mixed U.S. economic signals, particularly uneven labor market data. Uncertainty around growth and policy has encouraged diversification away from traditional assets, Read More
Gold prices concluded the trading session with an increase of 0.38%, reaching Rs 134,130, bolstered by rising anticipations of additional monetary easing from the U.S. and ongoing demand from the official sector. Recent indicators of a slowdown in the U.S. labor market have bolstered market expectations that the Federal Reserve may implement two rate reductions Read More
At historically elevated levels, the silver market is currently undergoing a phase of consolidation after an exceptional rally earlier this year. Prices have already advanced by more than 100% year-to-date, prompting a natural pause as participants reassess valuations. While momentum remains strong, periods of stabilization are typical after such sharp gains, particularly when concerns about Read More
