Silver price trade around ₹2.5 lakh/kg ahead of US Fed decision as crude oil surge clouds rate-cut hopes: What next?

Silver prices were range bound on Wednesday, March 18, as investors stayed cautious ahead of the US Federal Reserve’s rate decision later in the day, with inflation risks rising due to elevated oil prices amid the prolonged Middle East conflict. The US Federal Reserve is widely expected to keep interest rates unchanged, while markets remain…

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Dubai, Abu Dhabi, UAE News LIVE Updates: Blasts rock Dubai, US deploys bunker-buster bombs near Strait of Hormuz

Dubai, Abu Dhabi, UAE News LIVE Updates: Multiple loud explosions were heard early Wednesday in Dubai, United Arab Emirates, according to AFP, as Iran sustained its retaliatory attacks on Gulf nations. Authorities noted that air defense systems were actively engaging incoming missile and drone threats from Iran, adding that the UAE has faced more than…

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Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US-Iran war to Nasdaq, Nikkei rally

The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, extending gains from previous session, following a rally in global markets, despite cautious sentiment due to the ongoing US-Iran war. Asian markets traded higher, while the US stock market rallied overnight, led by gains in technology and AI-related…

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Silver price falls 2% on MCX as high crude prices dim hopes of a US Fed rate cut – Where is the white metal headed?

Silver prices slipped around 2% on Monday, March 16 even as the dollar softened, with bullion caught between two competing forces. On one hand, a weaker greenback and lower US Treasury yields offered some support to precious metals. On the other, stubbornly high oil prices kept inflation worries alive, which in turn reduced expectations of…

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