Gold prices commenced with a notable increase on Friday, as the MCX February futures rose to Rs 1,28,313 per 10 grams, reflecting a gain of Rs 646 or 0.51% from the prior close. The yellow metal is currently positioned close Read More …
Silver yesterday settled 3.17% higher at Rs 1,61,272, buoyed by soft U.S. economic data that reinforced expectations for a December Federal Reserve rate cut. Weaker retail sales, declining consumer confidence, and deteriorating labor market conditions—evidenced by ADP’s report indicating that Read More …
Gold prices experienced profit-taking from elevated levels amid market volatility, even with increasing expectations of Federal Reserve rate cuts in December and a decline in the dollar index. Gold February futures prices at MCX commenced trading with a decline of Read More …
Silver yesterday settled 1.19% higher at Rs 1,56,321, buoyed by dovish commentary from Federal Reserve officials that reinforced expectations of an imminent US rate cut. Fed Governor Christopher Waller emphasized ongoing weaknesses in the labor market, stating that inflation is Read More …
Gold and prices commenced the day on a positive note on the MCX on Wednesday, continuing the upward trend observed this week. Gold February futures were priced at Rs 1,27,640 per 10 grams, reflecting an increase of Rs 645 or Read More …
Silver futures concluded the session with a modest increase, finishing 0.21% higher at 154482, buoyed by growing anticipations of a US rate reduction in December following the dovish remarks from certain Federal Reserve officials. Nonetheless, the presence of mixed macroeconomic Read More …
On Tuesday, gold and silver prices commenced trading positively, with increases reaching as high as 1.2%, driven by expectations of a Federal Reserve rate cut in December. Gold December futures prices at MCX exhibited an increase of Rs 1,070, reflecting Read More …
Silver prices concluded the session unchanged at Rs 154151, indicating a measured market sentiment as investors strategically aligned themselves in anticipation of the forthcoming FOMC meeting in December. Expectations that the US Federal Reserve will maintain its current interest rates Read More …
Gold futures for December delivery decreased by Rs 1,481 or 1.19% to Rs 1,22,710 per 10 grams on the Multi-Commodity Exchange on Monday, November 24, as investors anticipate significant US economic data that may provide insight into the Federal Reserve’s Read More …
Silver prices declined by 0.62% to Rs 1,54,151 per kg as the market absorbed the U.S. Federal Reserve’s October minutes, which underscored a division among policymakers regarding the pace and timing of rate cuts. This development has tempered the recent Read More …