On the final trading day of July, retail gold prices in India experienced a slight uptick across the 24K, 22K, and 18K categories. The mixed trend arises in the context of global market volatility, a robust US dollar, and shifting expectations regarding US Federal Reserve policy. On the MCX, gold futures declined, trading at approximately Read More
Gold prices experienced a notable decrease of 1.96%, concluding at Rs 142,821. This decline can be attributed to escalating geopolitical tensions in the Middle East, which have heightened inflation expectations and raised the probability of a more stringent U.S. monetary policy. The Iran-backed Houthis asserted responsibility for assaults on two Saudi oil tankers, coinciding with Read More
Gold prices concluded the trading session with an increase of 0.34%, reaching Rs 141,388. This uptick was bolstered by short covering and ongoing geopolitical uncertainty related to the U.S.-Iran situation. Market participants closely observed diplomatic developments following Iran’s indication that negotiations with the United States could advance if they align with national interests. Simultaneously, anticipations Read More
Gold prices concluded the trading session with an increase of 0.4%, reaching Rs 140,906. This uptick was driven by bargain buying following recent declines, bolstered by Goldman Sachs’ projections regarding ongoing gold acquisitions by central banks. Despite the daily recovery, bullion experienced a weekly decline as rising geopolitical tensions between the United States and Iran Read More
Gold prices fell by 0.29%, closing at Rs 141,850, as the release of softer U.S. inflation data alleviated immediate concerns regarding rate hikes. Concurrently, rising tensions in the Middle East and increasing crude oil prices sustained demand for safe-haven assets. Despite the easing of inflation bolstering expectations for forthcoming monetary easing, markets continued to factor Read More
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 prices experienced a notable rebound, closing 1.11% higher at Rs 145,300, bolstered by a slightly weaker U.S. dollar that stimulated buying interest. However, investor sentiment remained cautious due to ongoing geopolitical tensions in the Middle East and the prevailing uncertainty regarding the Federal Reserve’s policy direction. The recovery also reflected short covering after recent Read More
Gold prices declined by 0.31% to close at Rs 146,917, influenced by the strengthening of the U.S. dollar, which exerted downward pressure on bullion prices. However, losses remained constrained following weaker-than-anticipated U.S. employment data, which bolstered expectations that the Federal Reserve might postpone additional interest rate increases. In June, the growth of nonfarm payrolls experienced Read More
Gold and silver prices experienced a decline exceeding 1% on the Multi Commodity Exchange on Tuesday. This drop was influenced by escalating tensions in the Middle East, which bolstered expectations that the US Federal Reserve may implement further interest rate hikes to address persistent inflationary pressures. Gold futures with August expiry on the MCX declined Read More
Gold and silver prices continued to decline for a second consecutive session on the MCX on Thursday, influenced by a robust U.S. dollar and increasing anticipations regarding a potential interest rate hike by the Federal Reserve this year. In the domestic market, MCX silver futures for July 2026 delivery experienced a decline of Rs 15,526 Read More
Gold and silver prices commenced the day with a notable decline on the Multi Commodity Exchange on Wednesday, driven by a robust dollar and increasing anticipations of U.S. interest rate increases, which overshadowed the positive sentiment stemming from decreasing oil prices as the Strait of Hormuz slowly re-opens. In the domestic market, MCX silver futures Read More
Gold and silver prices commenced trading on the Multi Commodity Exchange with a notable decline on Friday, driven by a robust U.S. dollar and assertive communication from the Federal Reserve, which overshadowed a significant weekly decrease in oil prices linked to the US-Iran interim resolution. In the domestic market, MCX silver futures for July 2026 Read More
Gold and silver prices in India experienced a significant decline on the Multi Commodity Exchange on Thursday, driven by substantial selling pressure. This downturn followed overnight losses in global bullion prices, attributed to indications from the US Federal Reserve regarding a potential interest rate hike later this year. However, the signing of the interim US-Iran Read More
Gold and silver prices commenced the day with a slight decline on the Multi Commodity Exchange on Wednesday, even as optimism surrounding a potential U.S.-Iran peace agreement has tempered expectations for additional U.S. interest rate increases. Investors are keenly anticipating further information regarding the proposed deal as well as the results of the Federal Reserve’s Read More
Gold prices experienced a notable decline of 2.9%, closing at Rs 148,017, as renewed risk-off sentiment emerged in response to escalating tensions in the Middle East. Recent exchanges of strikes between the United States and Iran have diminished prospects for a diplomatic resolution, heightening concerns regarding elevated energy prices, inflationary pressures, and the potential for Read More
Gold prices experienced a decline of 0.52%, settling at Rs 154,784, as apprehensions mount regarding the potential necessity for the U.S. Federal Reserve to implement additional interest rate hikes in response to persistently high inflationary pressures. Market sentiment was influenced by renewed geopolitical tensions in the Gulf region, which pushed crude oil prices higher and Read More
Gold prices experienced a significant drop of 2.48%, closing at Rs 155,594. This decline was influenced by a stronger-than-anticipated US employment report, which bolstered expectations for a more stringent monetary policy. The US economy experienced an addition of 172,000 jobs in May, surpassing market expectations of 85,000. Meanwhile, the unemployment rate held steady at 4.3%, Read More
Gold and silver prices commenced on a positive note on the Multi Commodity Exchange this Thursday, buoyed by a weaker U.S. dollar and declining crude oil prices, which provided a favourable backdrop for the precious metals. Investors also considered the renewed optimism surrounding a potential resolution to the U.S.-Israeli conflict with Iran. In the domestic Read More
Gold prices concluded the trading session down by 0.58% at Rs 158,679, influenced by a robust US dollar and escalating crude oil prices, which heightened inflation apprehensions and bolstered anticipations of a more stringent monetary policy from the Federal Reserve. Market sentiment weakened following remarks from Federal Reserve Governor Christopher Waller, who indicated that the Read More
Yesterday, gold fell 0.2% to Rs 159080 as investor sentiment was still influenced by ongoing concerns about inflation and the uncertainty surrounding the Middle East war. After US President Donald Trump hinted at potential movement toward a peace deal with Iran, markets responded cautiously, but traders remained doubtful of any immediate settlement. Stronger-than-expected US inflation Read More
