Gold prices increased on the MCX on Thursday as US Treasury yields declined significantly and the dollar stayed weak following an unexpected liquidity support announcement by the US Treasury. Gold futures for October delivery on the MCX increased by Rs 447 per 10 grams, reaching Rs 1,58,443 on Thursday morning. December contracts surged past Rs Read More
Gold prices declined on the MCX while continuing to rise in international markets on Tuesday, as anticipations of a US Federal Reserve rate increase diminished. Investors are currently anticipating the release of minutes from the central bank’s most recent meeting, seeking new insights into the trajectory of monetary policy. Gold futures for October delivery on Read More
Gold and silver prices commenced the day on a downward trajectory on the MCX this Friday, as investors capitalised on profits following a significant increase observed in the preceding sessions. The decline occurred notwithstanding the moderate US inflation figures, which further diminished anticipations of a Federal Reserve interest rate increase in September. In the domestic 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 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
