Gold prices commenced on an upward trajectory on the Multi Commodity Exchange of India on Wednesday following the US’s decision to prolong the ceasefire with Iran. The recent development alleviated worries regarding a possible surge in inflation and the probability Read More …
Gold and silver prices commenced the trading session on the Multi Commodity Exchange of India with a notable decline on Monday, influenced by the strength of the U.S. dollar. Concurrently, escalating tensions in the Strait of Hormuz contributed to an Read More …
On Monday, gold prices experienced a decline, with futures contracts for the two precious metals decreasing by approximately 1% and 2% respectively on the Multi Commodity Exchange of India. This downturn followed Donald Trump’s directive for US military forces to Read More …
Gold increased by 1.09% to close at Rs 153,434, as investors exercised caution while evaluating the tenuous U.S.–Iran ceasefire and the persistent geopolitical tensions in the Middle East. While a temporary truce exists, lingering disputes and the ongoing closure of Read More …
In light of the subdued global sentiments regarding precious metals, the MCX gold rate today commenced with a downward gap at Rs 1,50,647 per 10 gm. Nonetheless, the valuable yellow metal experienced value buying at reduced levels, mitigated its early Read More …
Gold prices commenced the day with slight declines on the Multi Commodity Exchange of India on Tuesday, influenced by escalating tensions in the Middle East and increasing crude oil prices, which dampened market sentiment. US President Donald Trump cautioned that Read More …
Breaking its four-day winning streak, gold futures for June delivery fell by Rs 5,509 or 3.6%, reaching an intraday low of Rs 1,48,200 per 10 grams on the Multi-Commodity Exchange on Thursday, April 2, in contrast to the previous session’s Read More …
The price of gold increased on the MCX on the morning of Friday, March 27, influenced by a weaker dollar, which appears to have stimulated value purchasing in the yellow metal following its recent downturn. MCX gold June futures experienced Read More …
Gold prices experienced a significant downturn, decreasing by 5.27% to close at Rs 1,44,954, influenced by a hawkish posture from the Federal Reserve that adversely affected market sentiment. Although rates remained steady, policymakers indicated that any potential rate reductions would Read More …
Gold prices experienced a significant decline on the Multi-Commodity Exchange of India on Thursday, following the US Federal Reserve’s decision on Wednesday to maintain its benchmark interest rate at 3.5% to 3.75%. The US Federal Reserve adopted a hawkish stance, Read More …