On Friday, gold and silver prices in India saw an increase, mirroring the rise in global bullion prices, alongside a weakening dollar. MCX gold rate for June futures contracts commenced at Rs 1,44,000 per 10 grams, reflecting an increase of Rs 1,486, or 1.04%, compared to the prior closing figure of Rs 1,42,514. MCX silver Read More
Precious Metals Market
The price of silver has fallen below $67 per ounce, influenced by prevailing selling pressures in the market. The Iranian government has refuted claims of engaging in discussions with the United States, while simultaneously intensifying its military operations against American interests. The ongoing military operations by Israel are contributing to heightened tensions in the Middle Read More
Gold declined by 0.89%, closing at Rs 159,709, as investors adopted a cautious stance in anticipation of more clarity regarding U.S.–Iran discussions and reevaluated the prospects for U.S. interest rates. Anticipations regarding imminent Federal Reserve rate reductions have diminished, as markets predominantly forecast stable rates until April, while attributing an increased likelihood to a cut Read More
The cost of an ounce of silver rose to more than $88 on Wednesday, marking a significant increase. A preliminary worldwide tariff that is currently set at 10% has been established by the United States of America, and there are plans to raise it to 15% in the near future. The Supreme Court has ruled Read More
The price of an ounce of silver is shown to be trading at a level that is more than $78 on Friday. Positioned to reach its initial weekly rise within a span of four weeks when it is in this position. Particularly in the context of nuclear negotiations, the continuous tensions that exist between the Read More




