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
Gold and silver prices exhibited a mixed opening on the Multi Commodity Exchange of India on Monday, as stalled US-Iran peace negotiations propelled oil prices upward. This development has heightened concerns that persistently high inflation could compel central banks to maintain elevated interest rates for an extended duration. Expectations for a swift resolution to the Read More
Gold prices concluded the trading session with an increase of 1.59%, reaching Rs 152132. This uptick was bolstered by diminishing inflation worries, as indications of potential diplomatic advancements between the U.S. and Iran exerted downward pressure on both the dollar and crude oil prices. U.S. President Donald Trump suggested that a potential agreement with Iran Read More
The price of silver has risen to around $75 after experiencing declines in the previous week. The ongoing ceasefire with Iran remains intact, effectively reducing geopolitical uncertainties. The recent downturn in oil prices has contributed to a reduction in inflationary pressures, thereby mitigating fears of imminent interest rate hikes. The United States has halted its 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
Silver was observed trading close to $73 following a decline of more than 3%. The closure of the Strait of Hormuz has resulted in a disruption of 20% of global oil flows. Concerns regarding inflation escalated due to the most significant supply shock. Elevated rate expectations exerted pressure on non-yielding metals. Anticipation surrounds pivotal central 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
The price of silver has fallen below $76, continuing the negative trend that was experienced over the course of the previous week. A impasse has been reached in the ongoing peace discussions between the United States of America and Iran, which has contributed to the continued elevation of geopolitical uncertainty. Concerns over global supply chains Read More
