Gold prices experienced a significant decline of 1.41%, closing at Rs 147,203, influenced by the strengthening of the U.S. dollar and the Federal Reserve’s hawkish position. The Fed maintained interest rates at 3.50%-3.75%, yet revised projections indicated that nine policymakers Read More …
Gold and silver prices commenced trading on the Multi Commodity Exchange on Wednesday with a decline, as a resurgence of tensions in the Middle East propelled crude oil prices upward. This development has intensified worries that inflationary pressures may sustain Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with minimal fluctuations on Tuesday, influenced by a robust U.S. dollar and a significant uptick in crude oil prices that dampened market sentiment. Meanwhile, investors remained attentive 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 …
Gold and silver prices commenced the day with slight gains on the Multi Commodity Exchange on Wednesday, supported by a depreciating dollar. Investors are closely monitoring the progress of peace negotiations between the United States and Iran, while also assessing Read More …
Gold and silver prices commenced trading on a subdued note on the Multi Commodity Exchange on Friday, influenced by a stronger dollar and increasing oil prices, which bolstered expectations for additional interest rate hikes by the U.S. Federal Reserve. In 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 …
Gold and silver prices experienced a significant decline on the Multi Commodity Exchange on Friday, as increasing energy prices reignited inflation worries and bolstered expectations for prolonged elevated interest rates. Investors were attentively observing the discussions between U.S. President Donald Read More …
Gold prices declined by 0.52%, closing at Rs 1,53,152, as diminishing geopolitical tensions led to a decrease in safe-haven demand. Optimism surrounding a potential U.S.-Iran peace agreement, coupled with remarks from Donald Trump indicating that the conflict might be approaching Read More …