Investment in gold is experiencing a transformation, as an increasing number of consumers are choosing digital gold, despite the rising prices of the yellow metal. The volume of digital gold purchases via UPI experienced a remarkable increase of 377% over Read More …
Global solar manufacturers, recognized as the largest industrial consumers of silver, are poised to decrease their utilization of this precious metal for the first time in several years, in light of a significant surge in its price. According to analysts, Read More …
Silver prices experienced a modest increase of 0.12%, concluding at 1,27,132. This uptick can be attributed to short covering, following recent declines that were instigated by the U.S. Federal Reserve’s prudent policy approach. In the context of the Federal Reserve’s Read More …
In early trading on Friday, both gold and silver exhibited a rebound from their recent lows. The October futures contracts for gold commenced at Rs 1,09,365 per 10 grams, reflecting an increase of Rs 313, or 0.29%. Meanwhile, the December Read More …
Silver prices declined by -1.43% to close at 126,984, pulling back from record highs as investors took profits in anticipation of the U.S. Federal Reserve’s policy decision. The Federal Reserve implemented a 25 basis points reduction in the federal funds Read More …
Gold’s rally experienced a pause on Thursday, with prices opening lower after a series of sharp gains, as the U.S. dollar softened in the wake of the Federal Reserve’s rate cut. On the Multi Commodity Exchange, gold October futures commenced Read More …
Silver yesterday concluded the session with a decline of -0.47% at 128,820, as profit-taking occurred after recent increases, with investors adjusting their positions ahead of the anticipated 25 basis point rate cut by the US Federal Reserve this week. The Read More …
Gold prices began the day with a modest decline on Wednesday, yet they stayed near historic peaks, buoyed by robust market sentiment in anticipation of the U.S. Federal Reserve’s crucial interest rate decision later today. On the Multi Commodity Exchange, Read More …
On the previous day, silver concluded its trading session with an increase of 0.46%, reaching a value of 129,429. This uptick in price can be attributed to investors strategically positioning themselves in anticipation of a forthcoming interest rate cut by Read More …
Gold prices remained stable at Rs 1,10,177 per 10 grams on the October futures contract, maintaining proximity to their all-time high of Rs 1,10,330, reached in the prior trading session. The precious metal has experienced a remarkable surge in recent Read More …