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
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
With Sovereign Gold Bonds (SGBs) maturities approaching, investors should consider their options carefully. Whether to reinvest in new SGBs, explore other gold investments, or diversify into different asset classes depends on their individual financial goals and risk tolerance. Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, in an interview with BT Money Today discussed the potential impact … Read more
Gold prices slumped by Rs 450 to Rs 73,600 per 10 grams in the national capital on Wednesday, extending losses for the third straight session amid a decline in precious metal rates in the overseas markets. In the previous session, the yellow metal of 99.9 per cent purity had closed at Rs 74,050 per 10 … Read more
What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more
On Thursday, silver prices on the MCX hovered at Rs 93,400 per 10 grams, hitting an intraday low of Rs 93,325. In the international market, prices maintained a similar trend, hovering around $30.99 per ounce. The silver price paused its downside momentum at the beginning of July and turned positive last week, increasing by nearly … Read more
Gold prices on the MCX hovered at Rs 72,011 per 10 grams on Thursday, hitting an intraday low of Rs 71,743. In the international market, prices maintained a similar trend, hovering around $2,338.45 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 95,800 per kg and … Read more
Silver prices have been subject to significant fluctuations over the past few quarters due to a complex interplay of factors. These include economic data points, geopolitical tensions, and market-specific dynamics. On the MCX, it has already surpassed 94,000 on May 22, 2024. While the silver market has experienced significant fluctuations in recent quarters, it’s important … Read more