Gold and silver prices commenced the day on an upward trajectory for the third consecutive session on the MCX on Friday, buoyed by a depreciating dollar and the U.S. Treasury Department’s initiatives to maintain control over longer-term yields. The U.S. dollar was on track for a weekly decline, which rendered dollar-priced commodities more accessible for Read More
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 concluded the trading session with a notable increase of 1.99%, reaching Rs 1,51,820. This rise was bolstered by the release of softer U.S. inflation data, a decline in oil prices, and diminished expectations regarding additional rate hikes from the Federal Reserve. Markets currently assign a 55% likelihood to a rate hike in September, as Read More
Silver prices remained stable in India on Thursday, with the national average consistent at Rs 2,350 per 10 grams, which equates to Rs 235 per gram and Rs 2,35,000 per kilogram. In comparison to Wednesday’s national rate, which remained at Rs 2,350 per 10 grams, Thursday’s price exhibited no variation, thereby continuing a period of Read More
Gold and silver prices experienced a decline of up to 1% in early trading on the MCX on Tuesday, 28 July, reflecting the influence of subdued global indicators. Precious metals experienced profit-taking as the dollar index remained around 101.5 in anticipation of the US Federal Reserve’s monetary policy decision on 29 July. MCX gold August 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
Silver prices commenced the trading session on the MCX with a notable decline on Monday, marking a continuation of losses for a second consecutive session. This downturn is attributed to heightened apprehensions regarding the potential closure of the Strait of Hormuz, which has led to a significant increase in oil prices. Such developments have intensified Read More
Gold and silver prices commenced trading on the MCX on Wednesday with a decline, marking the continuation of losses for a third consecutive session. Recent U.S. military actions against Iran have resulted in an uptick in oil prices and the U.S. dollar, raising apprehensions that inflation may persist at elevated levels. This scenario could lead Read More
Copper prices increased by 0.20% to close at Rs 1,287.4, buoyed by constricting global supply dynamics and ongoing reductions in inventory levels at key metal exchanges. However, gains remained constrained as investors exhibited caution regarding the uncertainty surrounding U.S. monetary policy and the potential imposition of import tariffs on refined copper. Market participants remained vigilant Read More
Gold prices increased by 0.92% to close at Rs 145,758, buoyed by disappointing U.S. employment figures, declining crude oil prices, and remarks from Federal Reserve Chair Kevin Warsh suggesting a recent alleviation of inflation risks. While Warsh reiterated the Fed’s commitment to achieving its 2% inflation target, he cautioned against anticipating a swift transition toward Read More
Gold and silver prices opened sharply lower on the MCX on Wednesday as hopes for a lasting U.S.-Iran peace agreement diminished, heightening inflation concerns and bolstering expectations that the Federal Reserve may maintain elevated interest rates. In the domestic market, silver futures for September 2026 delivery decreased by Rs 5,662, reflecting a decline of 2.5%, 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 prices increased by 0.62%, closing at Rs 148,118, bolstered by a decrease in Brent crude oil prices amid positive developments in U.S.-Iran negotiations. Senior officials from both countries concluded their first round of talks in Switzerland, with reports indicating constructive developments and a continuation of the earlier ceasefire framework. However, gains in bullion remained 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
Silver prices declined to Rs 2.43 lakh per kg on MCX on Tuesday, as increasing US Treasury yields and heightened expectations of Federal Reserve rate hikes overshadowed the easing geopolitical tensions in the Middle East. Investors exhibited a degree of caution in anticipation of critical US inflation data, while robust economic indicators that surpassed expectations 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
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 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
