Gold and silver prices maintained their upward momentum for the third straight session on Monday, starting notably higher on the Multi Commodity Exchange after the announcement of a preliminary agreement between U.S. and Iranian officials aimed at resolving their conflict. In the domestic market, silver futures for July 2026 delivery increased by Rs 7,200 (2%) Read More
Gold and silver prices in India experienced a significant increase on the Multi Commodity Exchange on Friday, driven by robust buying activity. This surge is attributed to investor optimism surrounding a potential US-Iran peace agreement that may bring an end to the ongoing conflict in West Asia. MCX gold rate for August futures contracts commenced Read More
Gold and silver prices experienced a significant decline on the Multi Commodity Exchange on Wednesday. This downturn was influenced by renewed tensions in the Middle East, a strengthening dollar, and increasing oil prices, all of which negatively impacted market sentiment following Iran’s retaliation in response to US airstrikes. In the domestic market, silver futures for Read More
Historically, the months of May and June witness robust demand for gold and jewellery, driven by the prevailing Hindu wedding season. However, with gold prices in India reaching unprecedented levels earlier, consumers are now exhibiting increased caution and delaying significant jewellery acquisitions, which has consequently led to a decline in both demand and gold prices. Read More
Gold prices concluded the trading session relatively stable at Rs 160,911, as the robustness of the Indian Rupee above the 95 threshold limited upward movement. Meanwhile, market participants remained vigilant regarding the evolving situation related to a possible ceasefire agreement between the U.S. and Iran. Despite reports indicating that both nations had reached an agreement Read More
Gold prices increased by 0.83%, closing at Rs 156,925, influenced by the recent U.S. inflation data and ongoing geopolitical tensions in the Middle East. The U.S. personal consumption expenditures price index increased by 3.8% year-on-year in April, aligning with market expectations and heightening apprehensions that inflation could persist at elevated levels for an extended period. Read More
Gold prices concluded the trading session with a slight decline of 0.13%, settling at Rs 161,978, as market participants kept a vigilant eye on the unfolding discussions between US President Donald Trump and Chinese President Xi Jinping. Market sentiment exhibited a degree of caution following Trump’s assertion that Xi had consented to provide Iran “with Read More
Gold yesterday settled higher by 0.74% at Rs 153,663 as traders evaluated yet another setback in Middle East peace negotiations alongside increasing apprehensions regarding sustained geopolitical tensions. US President Donald Trump dismissed Iran’s recent counterproposal intended to resolve the 10-week conflict, labeling it as “totally unacceptable.” In turn, Iran asserted that it would “never bow,” Read More
Gold prices fell by 1.33% to close at Rs 149,339, continuing their downward trend even amid ongoing geopolitical tensions in the Middle East. Rising risks in the Strait of Hormuz and ongoing conflict have propelled energy prices upward, amplifying global inflation worries. This has bolstered expectations that significant central banks might sustain high interest rates Read More
Gold prices experienced a decline of 0.65%, settling at Rs 149,050. This movement is indicative of the ongoing pressures stemming from persistent inflation concerns and the anticipation of sustained higher interest rates. Rising geopolitical tensions in the Middle East, especially regarding U.S.–Iran developments, contributed to uncertainty; however, they did not bolster bullion, as expectations of Read More
Gold prices declined by 0.64%, closing at Rs 151,721, as market participants exercised caution in anticipation of significant global central bank meetings. Ongoing robustness in crude oil prices has heightened apprehensions that inflationary dynamics may compel a more aggressive approach from policymakers, thereby constraining potential gains in bullion. Market participants are meticulously observing policy signals Read More
Gold prices experienced a significant increase, closing up 3.33% at Rs 147,255, largely attributed to the reduction in geopolitical tensions following Donald Trump’s postponement of potential military action against Iran and the extension of the negotiation deadline to April 6. The transient alleviation in the Strait of Hormuz, coupled with constrained oil flow interruptions, bolstered Read More
Gold prices increased by 0.74% to close at Rs 161,145, bolstered by a resurgence in safe-haven demand due to escalating tensions between the United States and Iran, alongside ongoing uncertainty regarding U.S. trade policy. Market participants are attentively monitoring the imminent nuclear discussions between Washington and Tehran, particularly in light of President Trump’s caution regarding Read More
Gold exhibited a robust performance, increasing approximately 3.01% to Rs 161,598, as renewed trade tensions spurred safe-haven demand. The context of U.S. policy changes, highlighted by President Trump’s decision to increase global tariffs from 10% to 15% after the Supreme Court dismissed previous “reciprocal tariffs,” has created turbulence in markets, enhancing the attractiveness of bullion Read More
Gold experienced a notable increase of 2.87%, closing at Rs 155,761, primarily influenced by dip buying as investors reevaluated the Federal Reserve’s policy perspective. Michael Barr indicated that rates should remain unchanged until inflation demonstrates a clear trajectory towards 2%. This perspective stands in contrast to Austan Goolsbee’s comments, which imply that rate cuts could Read More
Gold experienced a significant decline of 2.16%, closing at Rs 151,418, influenced by a robust U.S. dollar and a prevailing cautious sentiment in anticipation of updates regarding U.S.–Iran negotiations and new indications from the Federal Reserve. Comments from Austan Goolsbee of the Chicago Fed indicated that rates might eventually decline, although persistent services inflation continues Read More
