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 …
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 prices rose by 0.28% to settle at Rs 149,753, supported by ongoing geopolitical tensions in the Middle East, although the increase was limited by falling oil prices. The delicate interplay in the Strait of Hormuz, characterized by persistent tensions Read More …
Gold prices experienced a slight decline, closing down by 0.25% at Rs 138,912, influenced by a robust U.S. dollar and diminishing anticipations regarding imminent Federal Reserve rate reductions. Market sentiment exhibited a cautious stance as policymakers suggested that the path Read More …
Gold prices experienced a significant decline of 3.62%, concluding at Rs 1,39,260. However, the losses were somewhat mitigated following reports that President Donald Trump postponed possible military actions against Iran, referencing ongoing negotiations. Despite this temporary reprieve, gold continued its Read More …
Gold prices experienced a decline of 1.72%, concluding at Rs 1,55,736. This downturn can be attributed to a stronger U.S. dollar and diminishing expectations for imminent interest rate reductions, which have impacted the metal’s conventional safe-haven allure. The decline occurred Read More …
The ongoing Iran-Israel war has not improved sentiment in the bullion market, as gold prices continued their downward trend on Monday. The April yellow metal futures declined by Rs 3,000 per 10 gram (2%) to reach a day’s low of Read More …
Gold prices experienced a downturn in the prior session, closing 1.15% lower at Rs 1,59,673, influenced by the strength of the U.S. dollar impacting bullion valuations. The dollar appreciated in value as geopolitical tensions escalated due to the continuing conflict Read More …