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 …
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 …