Gold prices experienced a significant increase on Monday, with the MCX December futures rising more than 1%, or by Rs 1,223, to reach Rs 1,22,290 per 10 grams. This surge was driven by a resurgence in safe-haven demand, prompted by Read More …
Silver prices decreased marginally by 0.17% to close at Rs 1,47,069, as investors assessed the impact of stronger-than-anticipated U.S. employment data on prospective Federal Reserve policy. The report indicated a 42,000-job increase in October, surpassing the anticipated 28,000, which moderates Read More …
Gold prices commenced the day with modest increases on the Multi Commodity Exchange on Thursday, as the metal persists in trading close to significant resistance levels that analysts are monitoring for a potential breakout. On the MCX, gold futures for Read More …
Gold prices increased by 0.61% to Rs 1,20,522, bolstered by a prevailing risk-off sentiment as investors gravitated towards safety in response to declines in global equities, especially within the AI and technology sectors. The yellow metal’s potential for appreciation was Read More …
Silver prices increased by 1.26% to Rs 1,47,321, bolstered by a global risk-off sentiment that enhanced safe-haven demand, despite a stronger dollar limiting gains. The significant drop in global equities, driven by concerns regarding inflated valuations and ambiguity surrounding forthcoming Read More …
Silver yesterday concluded the trading session with a decline of 0.36% at Rs 1,47,758, as market participants assessed the implications of U.S. monetary policy in the context of diminishing trade tensions between the U.S. and China. The Federal Reserve implemented Read More …
On Tuesday, domestic futures trade observed a decline in gold prices, attributed to a robust dollar and a reduction in trade tensions between the US and China, which diminished the allure of the precious metal as a safe-haven asset. On Read More …
Silver yesterday closed down by 0.37% at Rs 1,48,287, influenced by diminishing expectations for additional Federal Reserve rate cuts and positive sentiment regarding a U.S.–China trade agreement, which weighed on the precious metal. The two nations reached a one-year agreement Read More …
On Monday, gold prices on the MCX approached their three-week low, commencing at Rs 1,21,284 per 10 grams, reflecting a decline of Rs 224 or 0.18%. The prices of the yellow metal currently stand Rs 11,000 lower than their peak Read More …
Silver prices experienced a notable increase of 1.89% to Rs 1,48,840, driven by technical buying and a weaker U.S. dollar. The prevailing concerns regarding the extended U.S. government shutdown have negatively impacted sentiment, thereby enhancing the demand for safe-haven assets. Read More …