Silver increased by 0.31% yesterday, closing at Rs 268,850, showing a slight recovery following a significant selloff as fresh buying interest surfaced. The market remains under the influence of diminished inventories, as Goldman Sachs cautions that “squeeze-like conditions” are amplifying Read More …
Gold futures experienced further declines on MCX on Thursday, ending a two-day winning streak as reports of impending U.S.-Iran discussions in Oman on Friday reduced the appeal for safe-haven assets. Officials from both sides have verified the ongoing discussions, yet Read More …
Silver prices experienced a significant rebound, increasing by 13.44% to close at Rs 268,015, primarily fueled by intense short covering after a pronounced two-day selloff. Market participants continued to evaluate the ramifications of Kevin Warsh’s nomination as the next U.S. Read More …
Silver prices experienced a significant correction yesterday, closing down by 11.06% at Rs 236,261, as markets responded to U.S. President Donald Trump’s intention to nominate Kevin Warsh as the next Federal Reserve chair, a decision viewed as hawkish and conducive Read More …
Gold futures extended their morning gains, staging a much-needed rebound following a challenging three-day selloff. Value buying emerged at lower levels on the MCX, providing support to the prices of these precious metals. In today’s session, MCX silver futures for Read More …
Silver prices experienced a significant correction, closing down by 9% at Rs 2,65,652, as aggressive profit-taking was triggered by a robust rebound in the U.S. dollar following President Donald Trump’s nomination of former Fed governor Kevin Warsh as the next Read More …
Gold futures continued their decline for a third consecutive session on February 2, as significant profit-taking occurred following a vigorous rally that had driven both metals to new record highs in the previous month. Today’s decline has resulted in the Read More …
Silver prices experienced a significant increase, closing up by 3.77% at Rs 3,99,893, following a breach of the important psychological threshold of $120 per ounce for the first time. The decision was propelled by significant purchasing activity and solid investment Read More …
Gold futures commenced the trading session on the Multi Commodity Exchange with notable declines on Friday, as both metals experienced downward movement. This shift can be attributed to investors capitalizing on profits following a robust rally earlier in the week, Read More …
Silver prices experienced a notable increase, concluding at Rs 3,85,366, reflecting an 8.16% rise, as investors flocked to safe-haven assets in response to a significant drop in the U.S. dollar. The rally was further amplified by a historic short squeeze, Read More …