Category: Silver Price News
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Explore the current rates in popular cities
Key Takeaways: 1kg of silver was priced at ₹90,500 in Delhi today. Silver rates saw a subtle decrease across India on Friday. MCX silver contracts for June delivery traded lower at ₹90,500 per 1kg. Monitoring silver prices daily is crucial for investors to make informed decisions. Factors influencing silver prices include supply and demand shifts,…
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XAG/USD Stays Strong at $29 Support Amid Rising Fed Rate-Cut Speculation After US CPI Data
Key Takeaways: Silver price climbs above $29.00 as US bond yields weaken due to expectations of Fed rate cuts. Probability of rate cuts in September rises to 71% according to CME FedWatch tool. Silver price trades in a Falling Channel pattern, indicating a bearish trend. Overview: In the Friday American session, the Silver price (XAG/USD)…
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Putin’s Comments and US Economic Data Drive Surge in Gold and Silver Prices
Key Takeaways: Gold and silver prices rose following remarks by Russian President Vladimir Putin, as investors sought safe-haven assets. Gold climbed to $2,330.67 per ounce, while silver increased to $29.25 per ounce. Speculation around a potential rate cut by the Federal Reserve supported gold prices. US economic data indicating easing inflation has fueled hopes for…
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Find out the Latest Gold and Silver Prices Today in Mumbai, Delhi, Chennai, and Bengaluru on June 14, 2024
Key Takeaways: Gold and silver prices declined on the Multi Commodity Index on Friday. The average price of 10 grams of 22K gold was ₹65,900 and for 24K gold was ₹71,890. The rate of 10 grams of 24K gold in Chennai was ₹72,660, followed by Delhi and Jaipur at ₹72,310. The average price of 1…
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XAG/USD Defies Odds, Holding Strong Above $29.00 as Fed Rate Cut Hopes Diminish
Key Takeaways: Silver price recovers to $29.05 in Friday’s early European session. The lower bets on the Fed rate cut weigh on the white metal. The US Producer Price Index (PPI) rose 2.2% YoY in May, below expectations. Market Analysis: Silver Price Trend The Silver price (XAG/USD) is showing positive movement near $29.05 during the…
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Breaking News: Gold Prices Drop by Rs 3,500 Today – Silver also Down by Rs 3,300 in June
**Key Takeaways:** – Gold and silver prices have fallen due to a rebound in the dollar index and hawkish Fed comments on rate cuts. – Despite the recent dip, gold is up 12% this year due to safe-haven demand and central bank purchases. – The Federal Reserve indicated it expects only one rate cut this…
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Today’s Latest Gold and Silver Prices in Your City: Stay Updated on 14-06-2024!
Key Takeaways: Gold prices saw a slight increase on Friday. The cost of 24 carat gold is Rs.7344.4 per gm, up by Rs.289.0. The price change in 24 carat gold in the last one week has been 2.04%, and in the last month, it has been 1.98%. The cost of silver is Rs.88110.0 per kg,…
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Breaking News: Gold and Silver Prices Drop – Don’t Miss Out on the Latest Deals!
**Key Takeaways:** – The price of 24-carat gold in Mumbai is Rs 72,150 for ten grams. – Silver price is Rs 90,600 per kilogram. – Gold prices in Delhi, Bengaluru, and Chennai vary slightly. – US gold prices remained steady despite some fluctuations. **Gold Price Today:** The price of 24-carat gold in Mumbai is Rs…
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Bears Target 50-DMA as XAG/USD Dips Below $29.00
Key Takeaways: Silver prices have dropped by over 7% in the last six days. Momentum indicates further downside with a bearish RSI. Key support levels are at $28.74, followed by $26.40 and $26.02. XAG/USD Price Analysis: Technical Outlook Silver prices saw a 2.40% decrease on Thursday following the Federal Reserve’s decision to maintain rates and…
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Mysterious Silver Price Surge Leaves Market Stunned
Key Takeaways – Silver prices increased by 0.40% to nearly $29.40 per ounce despite a stronger US Dollar. – The relationship between the US Dollar and commodities may be shifting. – Experts anticipate limited growth potential for precious metals. – Market anxiety is expected to rise as key announcements approach. – Technical analysis suggests a…