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Silver Price - Gold, silver price on May 23: Precious metal loses shine, price tumbles as interest rate fears jump

24-05-2024 01:03

Meanwhile, silver hovered at Rs 90,562 per kg, hitting an intraday low of Rs 90,462 on the MCX. In the international market, the price hovered around $30.45 per ounce.

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Silver Price Forecast: XAG/USD finds support near $30 but remains feeble amid firm US Dollar

Silver price steadies above $30.00 but is prone to more downside amid multiple headwinds. The US Dollar strengthens as Fed supports maintaining interest rates at their current levels for longer.

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Silver price update: Time to stock up on a dip? Here's your trading guide

Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day ...

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Gold and silver prices on May 24: Check city-wise rates

Key influences on prices of gold and silver include global demand for gold, exchange rate fluctuations, prevailing interest rates, and government regulations governing gold trading.

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Silver Price Analysis: XAG/USD plummets over 2%, bears target $30.00

Silver price tumbled more than 2% on Thursday as economic data from the United States showed that business activity is faring well amid a high interest rates economy. At the time of writing, the ...

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