Escape to safety takes gold to a record Rs 90,000

Escape to safety takes gold to a record Rs 90,000

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 ETFs: White metal ETFs took a lead from gold ETFs, gave returns worth 32% in 1 year

Silver ETFs: White metal ETFs took a lead from gold ETFs, gave returns worth 32% in 1 year

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, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

Gold, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

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