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 …
In anticipation of the significant event of Dhanteras, the prices of gold and silver maintained their upward trajectory, reaching new highs in early trading on Friday. Gold December futures experienced an increase of Rs 3,000 (2.2%), reaching a new all-time Read More …
Silver yesterday settled higher by 1.69% at Rs 1,62,206, supported by a historic short squeeze and tightening liquidity in the London market, which forced traders to cover short positions amid soaring lease rates that jumped over 30%. The sudden surge Read More …
On Thursday, October 16, precious metals commenced trading robustly, with gold achieving unprecedented lifetime highs. Gold reached a record peak of Rs 1,28,395 per 10 grams. The yellow metal was last trading at Rs 1,27,900, reflecting an increase of Rs Read More …
Silver experienced a significant increase yesterday, climbing 3.14% to finish at Rs 1,59,504, driven by a historic short squeeze and a contraction in liquidity within the London market, prompting traders to seek physical supply on a global scale. Lease rates Read More …
Gold prices continued their upward trajectory, reaching a new peak of Rs 1,27,500 per 10 grams during early trading on Wednesday. This increase is attributed to a surge in safe-haven demand, driven by escalating geopolitical tensions and anticipations of a Read More …
Silver prices surged 5.58% to close at Rs 1,54,645, achieving a new all-time high, driven by strong safe-haven demand in the context of escalating U.S.-China trade tensions, global political instability, and anticipations of additional rate cuts by the U.S. Federal Read More …