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…

Read More

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…

Read More

Gold, Silver Rates Today LIVE: Comex gold rate falls below $5,200, silver price drops on firm dollar, inflation fears

Gold, Silver Rates Today LIVE: Gold and silver prices traded lower on Thursday, weighed down by a firmer dollar, while higher crude oil prices renewed inflation worries and dampened hopes for near-term interest rate cuts. Spot gold price fell 0.2% to $5,165.73 per ounce, while US gold futures for April delivery declined 0.2% to $5,171.40…

Read More

Silver rate today: White metal jumps ₹8,600 on MCX on escalating US-Iran war, weak dollar

Silver rate today: Silver prices ticked higher on Friday, March 6 as investors adopted a cautious stance while evaluating the potential economic fallout from the escalating conflict in the Middle East. A slight decline in the US dollar also lent support to precious metals, making dollar-denominated bullion cheaper for buyers using other currencies. Silver price…

Read More