The Federal Reserve concluded its first monetary policy gathering of 2024 today and voted by unanimous decision to maintain its benchmark interest rate unchanged within in its current range of 5.25% to 5.50%, in line with consensus expectations.... Diego Colman
Global silver demand is forecast to reach 1.2 billion ounces in 2024, which, if achieved would be the second-highest level recorded.... Silver Institute
Gold prices rose on Monday as escalating tensions in the Middle East lifted bullion's safe-haven appeal, while moves were limited as traders awaited the U.S. Federal Reserve chair Jerome Powell's remarks this week for cues on interest rate trajectory... Harshit Verma
Silver prices recorded a significant gain of 1.29% yesterday, closing at 71869, buoyed by a weakening dollar and a narrowing of treasury yields ahead of key economic data releases.... Kedia Advisory
The silver market has managed to hold critical support above $22 an ounce; although the market has recovered, lackluster investment demand could keep a lid on prices in the near term, according to recent comments from Bank of America.... Neils Christensen
Gold prices rose on Tuesday, as the US dollar edged lower while investors awaited interest rate decisions from a number of central banks and a slew of economic data in the United States this week.... Reuters
According to Metal Focus report, the gold bullion imports by India surged higher by nearly 12% from 715 tons in 2022 to almost 800 tons last year.... Paul Ploumis