Spot gold edged lower while silver rose, as falling oil prices and easing expectations of an October Fed hike supported precious metals amid mixed inflation reports.
Posts tagged as “silver”
With 24‑karat gold at roughly Rs 1.5 lakh per 10 g, Indian middle‑class shoppers are turning to silver, whose price of about Rs 2.3 lakh per kg makes it a more affordable festive gift.
Gold and silver fell on September 2 as fresh U.S.-Iran clashes revived inflation worries, lifted Treasury yields and boosted expectations of a September Fed rate hike.
Gold and silver fell in early Asian trade on Aug. 31 as US‑Iran tensions lifted oil prices and bond yields, while analysts still see a chance for a year‑end rally.