Boosted by positive sentiment with the ongoing tariff war, Gold August futures contracts at MCX continued their rally, hitting a 3 high of Rs 98,132/10 grams, rising Rs 314 or 0.32%. Meanwhile, silver September futures contracts also sparkled, hitting a new all-time high of Rs 1,14,875/kg, rising by 1,874 or 1.65%. On Friday, gold and … Read more
Gold August futures contracts at MCX opened flat, near their 1-week low, at Rs 96,549/ 10 grams on Thursday, which was slightly up by Rs 88 or 0.09%. The prices were supported by a slight retreat in the dollar and bond yields, while investors kept a close tab on trade negotiations as U.S. President Donald … Read more
Silver, often referred to as the “poor man’s gold,” has recently stolen the spotlight in global commodity markets. While silver has always played a dual role as both an investment asset and an industrial metal, recent developments have amplified its volatility and appeal. Silver’s recent surge past ₹1,00,000/kg in India is a result of a … Read more
Gold prices slipped Rs 300 to Rs 98,600 per 10 grams in the national capital on Wednesday due to unabated selling by stockists in line with weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 98,900 per 10 grams on Tuesday. Extending … Read more
Gold prices rebounded by Rs 1,910 to Rs 98,450 per 10 grams in the national capital as rising global uncertainties triggered a fresh wave of safe-haven buying. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 96,540 per 10 grams on Tuesday. Gold of 99.5 … Read more
As geopolitical tensions have started easing out, the demand for safe-haven buying has witnessed a sharp decline as Gold June futures contracts at MCX hit a day’s low of Rs 92,975/10 grams. This marks a sharp fall of nearly Rs 6,500 for the yellow metal from its peak of Rs 99,358/10 grams, made on April … Read more
Mumbai: Is silver on the cusp of a catch-up rally with gold? A ratio measuring the price of silver versus gold indicates the white metal might be poised for a run-up as its recent underperformance is perceived as excessive. The gold to silver ratio – measured by dividing gold prices by silver – is at … Read more
Falling for the third day in a row, gold prices retreated by Rs 150 to Rs 88,750 per 10 grams in the national capital on Monday amid a weak trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled lower at Rs 88,900 … Read more
In any year, investment in gold and silver always draws your attention. As we near the new year 2025, gold and silver remain top investment options amidst the persistent global economic and political uncertainty. The continuous gold purchases by central banks, notably China, along with anticipated rate reductions by the Federal Reserve, point towards a … Read more
Silver prices tumbled to a three-week low by losing Rs 4,900 to Rs 90,900 per kg, while gold slipped Rs 100 to Rs 78,700 per 10 grams in the national capital on Thursday on frantic selling by stockists and retailers, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity … Read more