Gold hits record high amid persistent safe-haven demand despite rate cut expectations and dollar strength

Gold hits record high amid persistent safe-haven demand despite rate cut expectations and dollar strength

Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 69,340 per 10 grams and hit an intraday low of Rs 69,309. In the international market, prices hovered around $2,284.06 per ounce. Meanwhile, silver opened at Rs 77,981 per kg and hit an intraday low of Rs 77,189 on the MCX. In … Read more

Latest gold and silver price: Yellow metal retreats as dollar and bond yields rise

Latest gold and silver price: Yellow metal retreats as dollar and bond yields rise

Gold prices opened on the Multi Commodity Exchange (MCX) on Tuesday at Rs 68,638 per 10 grams and hit an intraday low of Rs 68,580. In the international market, prices hovered around $2,252.19 per ounce. Meanwhile, silver opened at Rs 75,750 per kg and hit an intraday low of Rs 75,310 on the MCX. In … Read more

Gold continues its historic run, price surges to record high

Gold continues its historic run, price surges to record high

Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 68,699 per 10 grams. In the international market, prices hovered around $2,196.32 per ounce. Meanwhile, silver opened at Rs 75,223 per kg on the MCX. In the international market, the price hovered around $24.69 per ounce. Manav Modi, Analyst, Commodity and Currency, MOFSL, … Read more

Congress slams PM Modi over fall of rupee against U.S. dollar

Congress slams PM Modi over fall of rupee against U.S. dollar

Senior Congress leader Jairam Ramesh addressing the media at AICC, in New Delhi. File. | Photo Credit: Sushil Kumar Verma The Congress on March 24 targeted Prime Minister Narendra Modi on the issue of falling value of the Indian rupee against the U.S. dollar, and sought answers from him. Congress general secretary Jairam Ramesh said … Read more

Rupee closes at 6-month high of 82.83 on strong inflows, weaker dollar

Rupee closes at 6-month high of 82.83 on strong inflows, weaker dollar

Mumbai: The rupee Wednesday closed at its strongest level versus the US dollar in six months as disappointing American economic data caused the greenback to weaken globally while overseas investors deployed funds in local capital markets. The domestic currency settled at 82.83 per US dollar on Wednesday, its strongest closing level since September 4, 2023, … Read more

Gold and silver prices today: Yellow metal languishes in early trade as dollar strengthens

Gold and silver prices today: Yellow metal languishes in early trade as dollar strengthens

Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 62,054 per 10 grams and hit an intraday low of Rs 61,814. In the international market, prices hovered around $2,020.99 per troy ounce. Meanwhile, silver opened at Rs 73,086 per kg and hit an intraday low of Rs 72,800 on the MCX. … Read more

Gold and silver prices today: Yellow metal rises 0.93% as safe-haven demand surges, while silver jumps 1.58%

Gold and silver prices today: Yellow metal rises 0.93% as safe-haven demand surges, while silver jumps 1.58%

Gold prices opened on the MCX on Monday at Rs 62,502 per 10 grams and hit an intraday low of Rs 62,502. In the international market, prices hovered around $2,047.90 per troy ounce. Meanwhile, silver opened at Rs 72,796 per kg and hit an intraday low of Rs 72,660 on the MCX. The price hovered … Read more

Gold and silver prices today: Yellow metal slips to one-month low as dollar strengthens on US inflation surprise

Gold and silver prices today: Yellow metal slips to one-month low as dollar strengthens on US inflation surprise

Gold prices opened on the MCX on Friday at Rs 61,925 per 10 grams and hit an intraday low of Rs 61,925. In the international market, prices hovered around $2,034.89 per troy ounce. Meanwhile, silver opened at Rs 71,861 per kg and hit an intraday low of Rs 71,751 on the MCX. The price hovered … Read more

Gold and silver prices today: Yellow metal recovers amid market reassessment of Fed rate cut, silver correct by 0.52%

Gold and silver prices today: Yellow metal recovers amid market reassessment of Fed rate cut, silver correct by 0.52%

Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 62,230 per 10 grams and hit an intraday low of Rs 62,134. In the international market, prices hovered around $2,026.50 per troy ounce. Meanwhile, silver opened at Rs 72,204 per kg and hit an intraday low of Rs 71,911 on the MCX. … Read more

Gold and Silver prices today: Yellow metal dips 0.8% as investors eye US inflation figures, anticipate Fed policy direction

Gold and Silver prices today: Yellow metal dips 0.8% as investors eye US inflation figures, anticipate Fed policy direction

Gold opened on the Multi Commodity Exchange (MCX) on Tuesday at Rs 62,149 per 10 grams and hit an intraday low of Rs 62,149. In the international market, prices hovered around $2,031.73 per troy ounce. Meanwhile, silver opened at Rs 72,596 per kg, hit an intraday low of Rs 72,341 on the MCX, and hovered … Read more