Gold and silver prices commenced trading on a subdued note on the Multi Commodity Exchange on Friday, influenced by a stronger dollar and increasing oil prices, which bolstered expectations for additional interest rate hikes by the U.S. Federal Reserve. In Read More …
Silver prices concluded the trading session with a significant increase of 1.53%, reaching Rs 2,74,265. This increase was supported by a decrease in U.S. Treasury yields and persistent geopolitical tensions stemming from the stalemate in U.S.-Iran negotiations. The decline in Read More …
Gold and silver prices on the Multi Commodity Exchange experienced a modest decline on Thursday, influenced by a retreat in US Treasury yields from multi-year highs and a rally in global equities, despite escalating tensions between Iran and the US. Read More …
Silver experienced a decline of 2.36% yesterday, closing at Rs 270119, as ongoing inflation worries and the anticipation of elevated U.S. interest rates significantly impacted the sentiment surrounding precious metals. Markets exhibited a degree of caution following US President Donald Read More …
Gold and silver prices commenced on a subdued note on the Multi Commodity Exchange on Wednesday, as U.S. Treasury yields and a robust dollar countered the optimism regarding a potential peace agreement between the United States and Iran. In the Read More …
Silver prices concluded the trading session with an increase of 1.75%, reaching Rs 276651. This uptick can be attributed to a decline in the U.S. dollar and softer crude oil prices, which alleviated inflationary worries and bolstered the sentiment surrounding Read More …
Gold prices ended the trading session up by 0.54%, reaching Rs 159401, as investors closely monitored potential developments in the resolution of the Iran conflict. Market sentiment exhibited a notable enhancement in response to reports suggesting that the United States Read More …
Silver prices experienced a significant decline of 6.6%, closing at Rs 271886. This downturn was driven by escalating concerns over U.S. inflation and anticipations of a more stringent monetary policy, which led to substantial selling activity in the precious metals Read More …
In light of the recent fluctuations observed in global bullion markets, gold futures on the MCX have successfully maintained their position above critical support levels, indicating a gradual resurgence of buyers at more attractive price points. The ongoing consolidation phase Read More …
Silver prices experienced a notable decline of 3.04%, closing at Rs 291,102. This movement reflects investor sentiment as they concentrated on the outcomes of the two-day summit between US President Donald Trump and Chinese President Xi Jinping, alongside their responses Read More …