Silver rose 0.47% to 95,915 as the U.S. dollar weakened, as U.S. economic data was mixed and global tensions mounted. Weak retail sales and the biggest drop in the producer price index in five years raised hopes that the Federal Reserve might ease its policies. Many believe the U.S. may want a weaker dollar to…
The price of two common precious metals, gold and silver, is trying to bounce back from a sharp decline last week. The world’s instability and declining dollar have increased demand for safe-haven assets like gold and silver. While silver prices increased 1% to about $32.40 an ounce on Monday, gold prices in India increased by…
Silver prices fell 1.24% to 94,729 on trade tensions. The move came after the US President shared positive trade talks with India, Japan, South Korea and China. At the same time, demand for silver for industrial use weakened due to poor global economic data. And China’s manufacturing activity slowed to a 16-month low as export…
In India, purchasing gold on Akshaya Tritiya is a long-standing custom that combines good fortune and faith. With an estimated 24,000 tonnes of gold, Indian families are the greatest single owners of the precious metal worldwide. Today’s gold rate in India is Rs 95,500, reaching an all-time high of Rs 1 lakh on April 22….
Silver prices fell 0.10% to ₹94,774 on mixed signals from US trade policy and the potential economic impact. The US President temporarily exempted technology products from tariffs, while the Chinese president escalated trade tensions. The Federal Reserve Governor downplayed inflation concerns and prioritized economic growth. The Federal Reserve Governor reassured investors on tariff concerns and…
Silver prices rose 0.49% to ₹91,595 amid geopolitical tensions and favorable supply-demand fundamentals. However, China is still subject to a steep 125% tariff, On the macro front, US inflation eased to 2.4% for the second consecutive month in March 2025, from 2.8% in February, fueling hopes that price pressures will moderate. Jobless claims remained relatively…
Due to rising financial instability, the price of gold has surpassed the historic $3,100 threshold. Amid worries over Trump’s trade war, gold saw strong demand as a haven, pushing it above $3,100 on Monday to record an all-time high. At the moment, gold is trading at $3,111, the intraday high on the global market. Reports…
Silver prices fell 0.2% to settle at ₹100,536 on rising tariff tensions and expectations that the Federal Reserve will cut interest rates following poor US inflation figures. US retail sales rebounded after falling less than expected in February, indicating a slower economic expansion. As of February 27, Comex silver inventories hit a record high of…
Due to continued concerns about the trade war and anticipation of a rate cut by the US Federal Reserve, safe-haven gold rose to a record high on Friday, trading near the crucial $3,000 threshold. At the Morning, the price of spot gold was steady at $2,990.54 an ounce. A record high of $2,993.80 was reached…
Silver prices rose 0.61% to 98,141, supported by the dollar index, which fell for a fourth straight session below 104, its lowest level since November. The dollar’s weakness was driven by concerns over tariffs, a widening US trade deficit and rising unemployment, while the European Central Bank (ECB) cut its key interest rates by 25…
