Gold prices have declined by nearly Rs 12,700 from their peak on the Multi Commodity Exchange, leading to concerns among investors who had previously benefitted from the recent bullish trend of the yellow metal. Gold has experienced a correction of Read More …
Silver yesterday concluded the trading session down by 2.78% at Rs 1,43,367, as advancements in US-China trade discussions diminished the appeal for safe-haven metals. Anticipation surrounding the upcoming Trump-Xi meeting, bolstered by productive discussions among trade representatives, has diminished investor Read More …
On Tuesday, gold prices were observed trading beneath the significant $4,000/ounce threshold, following a decline to their lowest point in two weeks during the prior trading session. This downturn was influenced by diminished safe-haven demand, attributed to indications of alleviating Read More …
Silver prices decreased by 0.7% to close at Rs 147,470, as traders realized profits following a robust rally, amidst apprehensions that the metal may have reached overvaluation. The recent pullback occurred notwithstanding the weaker U.S. CPI data, which bolstered expectations Read More …
Gold prices experienced a decline in early trading on Monday, October 27, as investors opted for profit booking following a robust global rally and increased volatility in recent sessions. On MCX, gold futures for December delivery decreased by Rs 1,142 Read More …
Prices increased by 2.03% to close at Rs 1,48,512, bolstered by safe-haven demand in the context of rising global trade and geopolitical tensions. Speculation regarding potential U.S. export restrictions targeting China and sanctions on significant Russian oil producers has heightened Read More …
Gold appears set to conclude its nine-week winning streak, experiencing a 3% weekly decline to $4,118.68 per ounce, which represents its most significant correction since May. The recent pullback seems predominantly technical, occurring after a phase of remarkable gains that Read More …
Silver prices declined by 3.17% to Rs 1,45,558 as risk appetite strengthened in response to easing U.S.–China trade tensions and growing optimism regarding a possible resolution to the U.S. government shutdown. U.S. President Donald Trump conveyed optimism regarding the prospect Read More …
On Thursday, gold futures experienced an upward movement, diverging from global trends and supported by investor positioning in anticipation of crucial U.S. inflation data. On the Multi Commodity Exchange, December gold futures increased by Rs 892, reflecting a 0.73% rise, Read More …
Silver prices experienced a notable increase of 3.36% to Rs 1,67,663 yesterday, propelled by a significant short squeeze and a contraction in liquidity in London, which compelled traders to actively cover their positions. Lease rates in London surged by more Read More …