Gold prices experienced a decline, while silver saw an uptick on the MCX on Friday, buoyed by a weaker U.S. dollar. Despite this, both metals are poised for a weekly downturn, driven by apprehensions that rising U.S.-Iran tensions may fuel Read More …
Gold prices fell by 1.04%, concluding at Rs 145,392, influenced by a robust U.S. dollar and increasing anticipations that the Federal Reserve will maintain higher interest rates for an extended period. Investors continued to express concerns that inflation may prove Read More …
Gold prices commenced the day on a downward trajectory on the MCX on Tuesday, marking a continuation of losses for a second consecutive session. This decline comes as investors shift their focus towards the forthcoming minutes from the U.S. Read More …
Gold prices concluded the trading session with an increase of 1.11%, reaching Rs 147,378. This uptick was bolstered by disappointing US labour market data, which diminished the likelihood of an imminent interest rate increase by the Federal Reserve. In June, Read More …
Gold prices experienced an increase of 1.33%, closing at Rs 144,430. This rise was bolstered by a resurgence in safe-haven demand amid escalating geopolitical tensions between the US and Iran, alongside investor attention on remarks made by the newly appointed Read More …
Gold and silver prices remained relatively stable on the Multi Commodity Exchange on Monday, even as renewed tensions in the Middle East heightened concerns regarding the precarious nature of the Iran-US ceasefire. Meanwhile, expectations of additional interest rate increases by Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with notable declines on Tuesday, influenced by a robust U.S. dollar that dampened demand. Concurrently, investors remained vigilant regarding the ongoing U.S.-Iran peace negotiations and were reevaluating Read More …
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 prices concluded the session with an increase of 0.62%, reaching Rs 148,932. This rise was bolstered by increasing optimism regarding a possible peace agreement between the United States and Iran, which contributed to alleviating worries about sustained inflationary pressures Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a notable decline on Thursday, influenced by renewed tensions in the Middle East and escalating oil prices, following the United States’ recent military actions against Iran. Read More …