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 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
On the 22nd of June, the retail market in India saw an increase in the price of the yellow metal, with both 24-karat and 22-karat gold rates exhibiting small advances throughout key cities. Similarly, the local bullion market exhibited only a moderate amount of volatility in silver prices. As of today, the MCX gold pricing Read More
