Gold prices surged to an unprecedented high of $3,243 an ounce due to the weakening dollar and escalating geopolitical risks stemming from the US-China tariff war. The spot gold price rose on Friday before slightly decreasing to $3,230 an ounce. In India, the 24-carat gold price closed at ₹90,161 per 10 grams, while 22-carat gold … Read more
Kolkata: Gold raced to a record ₹90,000 per 10 gm on Tuesday as global economic uncertainties and geopolitical tensions continue to lead buyers towards safe-haven assets. However, rising prices have crimped consumer sentiment, impacting sales of the yellow metal. Gold is currently trading at ₹90,966 per 10 gm in the physical market, up by ₹1,802 … Read more
Silver exchange-traded funds (ETFs) have demonstrated significant growth, surpassing gold ETFs in the past year. According to the latest report by ICRA Analytics, silver ETFs have generated returns of 32.49% over the previous year, outperforming gold ETFs which only yielded 28.07%. Historically overshadowed by gold, silver has outperformed the yellow metal with a 30% return … Read more
Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 70,999 per 10 grams and hit an intraday low of Rs 70,862. In the international market, prices hovered around $2,339.72 per ounce. Meanwhile, silver opened at Rs 81,093 per kg and hit an intraday low of Rs 80,030 on the MCX. In … Read more