Gold and silver prices have rebounded from their recent lows and seem poised for a sustained upward trajectory, according to Abhilash Koikkara. The commodity expert provides his forecast for gold and silver in the upcoming sessions: On the weekly chart, Read More …
Silver experienced a decline of 3.84%, closing at Rs 2,52,548, as traders chose to realize profits in anticipation of critical U.S. economic data that may impact the Federal Reserve’s forthcoming decisions regarding interest rates. Sentiment continued to be cautious following Read More …
Silver prices experienced a significant increase, closing at Rs 262,620, reflecting a rise of 5.09%. This movement was bolstered by a depreciating U.S. dollar and heightened anticipations of monetary easing from the Federal Reserve. Investor sentiment continued to exhibit optimism Read More …
Gold futures commenced the trading session on the MCX with a modest decline on Tuesday, as market participants exhibited caution in anticipation of significant U.S. macroeconomic data that may provide insights into the Federal Reserve’s interest rate path. The January Read More …
Silver prices experienced a notable increase, closing up 2.49% at Rs 249,892. This rise was bolstered by disappointing U.S. labour market data and growing anticipations of a more accommodative monetary policy. Recent data reinforced the narrative of a slowdown, as Read More …
Gold prices concluded the trading session with a notable increase, rising by 2.22% to reach Rs 155,451. This uptick reflects a persistent demand for safe-haven assets as investors respond to escalating geopolitical tensions in the Middle East and the commencement Read More …
MCX Gold futures commenced Friday’s trading session on a notably poor note, declining by as much as 6 per cent, reflecting the significant losses observed in international markets. In the opening trade, MCX Gold April futures experienced a decline of Read More …
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 …