Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen 14% this week to a seven-month low as US Fed rate cut expectations fade and bond yields rise. The drop pushes silver below half its January 2026 all-time high, with easing geopolitical tensions removing a second pillar of support.
5d ago · 3 min · Markets
Govt allows 15 banks to import gold, silver until March 2029
India has authorised 15 banks, including State Bank of India, HDFC Bank, and Bank of India, to import gold and silver through March 2029. The multi-year window provides supply chain certainty for the bullion market while keeping import flows within a regulated, monitored channel.
2mo ago · 1 min · Business
Silver gains Rs 1,500, gold at Rs 1.53 lakh as investors eye Iran war peace talks. Key levels to watch today
Gold held near Rs 1.53 lakh and silver gained Rs 1,500 on MCX as US-Iran peace talk optimism eased geopolitical risk sentiment. Both metals remain near elevated levels, with dollar movement and crude oil trends set to drive near-term direction. Analysts warn volatility is likely as diplomatic developments continue to
2mo ago · 1 min · Markets
The 'debasement trade' has driven gold to new heights. Wells Fargo's bull case calls for $8,000 an ounce
Wells Fargo Securities analyst Ohsung Kwon argues gold's record rally is driven by the fourth currency debasement cycle, which began in 2022. His bull case targets $8,000 per ounce, framing the move as a structural rotation into hard assets amid fiat currency erosion.
2mo ago · 1 min · Markets
Gold, silver rates today: Comex gold jumps $109/oz, silver surges $4.5/oz as Strait of Hormuz reopens
Comex gold jumped $109 to $4,917 per ounce and silver surged $4.53 to $83.24 on April 17 after Iran reopened the Strait of Hormuz, reducing geopolitical risk premiums in precious metals. The strait's reopening eased inflation fears linked to potential oil supply disruptions. Subsequent oil market moves will signal
2mo ago · 1 min · Markets
Gold, silver rates today: Comex gold up $38/oz, silver rises $1.6 on US-Iran peace hopes and weak dollar
Comex gold futures rose $38 to $4,861 per ounce on April 16 as US-Iran peace hopes and a weaker dollar lifted precious metals. Silver gained $1.60, reaching $81. Easing inflation concerns added to positive sentiment for bullion.
2mo ago · 1 min · Markets
Gold surges past $4,840; silver tops $80 as dollar weakens and Iran tensions ease
Gold surged past $4,840 and silver topped $80 as a weakening dollar and easing Iran tensions drove sharp gains in precious metals. Crude oil fell sharply as supply-disruption fears eased on hopes of renewed US-Iran dialogue. The Indian rupee remained under pressure despite the broader dollar decline.
2mo ago · 1 min · Markets
Gold, Silver Brace For Turbulent Week As US-Iran Talks Collapse
Gold and silver face a turbulent week after US-Iran talks collapsed, amplifying safe-haven demand signals alongside a busy macro slate. US PPI data, crude oil moves, and multiple Fed speaker appearances will each independently pressure bullion pricing. Analysts flag the combination as unusually dense for a single week.
2mo ago · 1 min · Markets