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As on : 27-Aug-2026
Other Markets - Bullion Markets
27-Aug-2026     16:53

Safer haven demand propels Bullion prices

Gold futures are around $4,650 an ounce, and silver is about $69.50, both showing a significant monthly increase of about 15% and 20%. The rise is attributed to the US Treasury increasing long-term bond buybacks to $4 billion, which lowered yields and weakened the dollar, along with short-covering and speculative buying. Silver's demand is boosted by a supply deficit and industrial needs. Investors are looking forward to Fed Chair Kevin Warsh’s speech at Jackson Hole for insights on monetary policy. In India, October gold futures fell 0.5% to around Rs.1,58,890, while September silver futures remained stable at Rs.2,39,680.

INDIAN INDICES

Sensex

76,515.43 362.57 (0.48%)

Nifty

23,897.70 24.25 (0.10%)

GLOBAL INDICES

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NA

NASDAQ
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