Gold and silver prices continued their record-setting run on Tuesday, extending gains at the open as strong global cues and sustained safe-haven demand kept investor sentiment firmly positive. On the Multi Commodity Exchange (MCX), gold February futures hit a new all-time high of Rs 1,38,300/10 grams, surging by over Rs 1,400. Meanwhile, silver March futures … Read more
Gold edged higher on Tuesday, even as investors pulled back slightly on U.S. rate cut bets, reflecting caution that the Federal Reserve could strike a more hawkish tone on next year’s monetary easing at its upcoming policy meeting. FUNDAMENTALS * Spot gold rose 0.1% to $4,194.83 per ounce as of 0146 GMT. * U.S. gold … Read more
Gold prices climbed to a record high on Monday, driven by safe-haven demand on fresh U.S.-China trade concerns, while broader economic and political uncertainties and expectations of further U.S. interest rate cuts also lent support. FUNDAMENTALS * Spot gold was up 0.6% at $4,043.14 per ounce, as of 0059 GMT, after hitting an all-time high … Read more
Gold prices (October futures contracts at MCX) held firm at Rs 1,10,177 per 10 grams on the MCX October futures contract, staying near their lifetime high of Rs 1,10,330, hit in the previous trading session. The precious metal has been on a record-setting spree in recent sessions, supported by a weaker dollar, safe-haven demand, and … Read more
Gold prices surged to a fresh all-time high of Rs 1,02,155 per 10 grams on August 7, extending their sharp rally as safe-haven demand continued to gather strength. A confluence of macroeconomic and geopolitical factors—ranging from weak U.S. economic indicators and policy uncertainty to renewed tariff risks—has reinforced gold’s appeal among global investors. With analysts … Read more
Gold prices rose more than 1% on Monday as the dollar weakened and as U.S. Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s tariff threats, boosting safe-haven demand amid renewed trade tensions. FUNDAMENTALS * Spot gold was up 1.4% at $3,247.40 an ounce as of 0025 GMT. U.S. gold futures gained 2% to $3,251.90. * … Read more
Gold prices hovered near a record high on Tuesday, supported by safe-haven demand amid concerns over U.S. President Donald Trump’s tariff plans which could fuel inflation and escalate a global trade war. FUNDAMENTALS * Spot gold was little changed at $2,949.46 an ounce as of 0105 GMT, about $7 shy of the all-time high of … Read more
Spot gold fell for six consecutive days before rising on October 10. The metal extended its rebound on October 11. The yellow metal, taking support at $2600, recovered sharply on stagflationary US data that showed higher inflation and deterioration in job market and consumer sentiments. Spot gold closed with a gain of nearly 1% at … Read more
Gold prices on the MCX hovered at Rs 72,363 per 10 grams on Thursday, hitting an intraday low of Rs 72,281. In the international market, prices maintained a similar trend, hovering around $2,353.18 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 84,598 per kg and … Read more