Gold prices experienced a notable decline of 1.51%, closing at Rs 152,443. This drop was influenced by a widespread market sell-off and growing anticipations regarding a potential increase in interest rates by the U.S. Federal Reserve later this year. Sentiment Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a decline on Tuesday, as market participants assessed the tenuous ceasefire between Israel and Iran, while remaining vigilant regarding the evolving situation in the wider Middle Read More …
Gold prices experienced a decline of 0.52%, settling at Rs 158,519. This movement was influenced by stronger-than-anticipated U.S. economic data, which in turn elevated Treasury yields and solidified expectations for additional monetary tightening by the Federal Reserve. The yield on Read More …
Gold and silver prices began the trading session on the Multi Commodity Exchange with a slight divergence on Monday, impacted by a strong U.S. dollar and a significant rise in crude oil prices that negatively affected market sentiment. Meanwhile, investors Read More …
Silver prices increased by 1.25%, closing at Rs 269,537, as investors weighed the optimistic prospects for peace negotiations in the Middle East against ongoing inflation worries and a prudent outlook from the Federal Reserve. Market sentiment remained buoyed as Federal Read More …
Gold and silver prices commenced on a subdued note on the Multi Commodity Exchange on Wednesday, as U.S. Treasury yields and a robust dollar countered the optimism regarding a potential peace agreement between the United States and Iran. In the Read More …
In light of the recent fluctuations observed in global bullion markets, gold futures on the MCX have successfully maintained their position above critical support levels, indicating a gradual resurgence of buyers at more attractive price points. The ongoing consolidation phase Read More …
Silver prices experienced a significant increase, with the market closing up by 7.59% at Rs 300238. This movement was bolstered by robust investment demand, expectations of tighter global supply, and India’s decision to substantially elevate import duties on precious metals. Read More …
Gold and silver prices commenced trading on a downward trajectory on the Multi Commodity Exchange this Thursday, as market participants monitored discussions between U.S. President Donald Trump and Chinese President Xi Jinping, while also keeping an eye on the evolving Read More …
Gold and silver prices experienced a significant increase on the Multi Commodity Exchange on Wednesday, following the central government’s decision to raise customs duties on imports of gold, silver, and other precious metals, with the new rates coming into effect Read More …