Gold and silver prices commenced trading on a positive note on Tuesday on the MCX, breaking a two-day decline. This uptick occurred amidst rising tensions between the United States and Iran, which led to a significant increase in oil prices, thereby heightening inflation concerns. These developments have reinforced expectations for elevated U.S. interest rates following Read More
Gold and silver prices commenced trading on the MCX on Wednesday with a decline, marking the continuation of losses for a third consecutive session. Recent U.S. military actions against Iran have resulted in an uptick in oil prices and the U.S. dollar, raising apprehensions that inflation may persist at elevated levels. This scenario could lead Read More
Gold prices concluded the trading session with an increase of 0.72%, reaching Rs 144,162. This rise was bolstered by a decline in the value of the U.S. dollar and a slight reduction in anticipations regarding stringent U.S. monetary policy following the publication of inflation statistics. The dollar experienced a decline from its recent peaks after Read More
