Gold prices concluded the trading session with a 0.92% increase, reaching Rs 1,54,381. This rise was bolstered by declining oil prices, which alleviated inflationary pressures and contributed to a decrease in bond yields. Oil prices fell for the third straight Read More …
Gold settled 0.34% higher at Rs 1,52,981, buoyed by short covering as investors recalibrated their positions in the wake of the US Federal Reserve’s initial rate hike in three years. The dollar retreated from a seven-week high following the decision Read More …
Due to pressure from rising crude oil prices, which increased fears about inflation, raised Treasury yields, and strengthened predictions of monetary tightening by the Federal Reserve at this week’s policy meeting, gold fell 0.28% to Rs 150,809. Recent US inflation Read More …
Gold settled sharply lower by 1.71% at Rs 156,281 as traders heightened their expectations of a Federal Reserve rate hike in light of Chair Kevin Warsh’s remarks regarding ongoing inflationary pressures. Warsh underscored that inflation has not significantly abated, with Read More …
Gold and silver commenced trading on a positive note on MCX on Friday, as disappointing U.S. labour market data led investors to reassess their projections regarding additional interest rate increases by the Federal Reserve. In the domestic market, silver futures Read More …
Gold and silver prices ended their three-day upward trend on Tuesday, starting lower on the Multi Commodity Exchange as investors sought more clarity regarding the preliminary peace agreement between the US and Iran. In the domestic market, MCX silver futures 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 …
Gold and silver prices experienced a significant decline at the Multi Commodity Exchange on Monday, driven by rising tensions in the Gulf, which in turn led to an increase in oil prices and heightened concerns regarding inflationary pressures. Simultaneously, robust Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with a modest decline on Friday, as investors assessed the ongoing uncertainty related to the extended conflict in the Middle East in light of reports suggesting a 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 …
