Precious metals showed mixed trends in the Indian markets today. Gold is trading on the lower side of the Multi Commodity Exchange (MCX) while silver prices have recorded a hike on Thursday, September 26. Gold futures, maturing on October 4, 2024, stood at Rs 75,234 per 10 grams, after recording a dip of Rs 79 … Read more
Both gold and silver prices recorded a dip on the Multi Commodity Exchange (MCX) on Thursday, July 25, 2024. Gold futures, maturing on August 5, 2024, stood at Rs 67,746 per 10 grams on the MCX, after recording a dip of Rs 1,206 or 1.75 per cent. The previous close was recorded at Rs 68,952. … Read more
Navigating the ever-fluctuating world of precious metals like gold and silver requires a keen eye and a multi-pronged approach. While some traders swear by technical analysis, focusing solely on price charts and market sentiment, others prioritise fundamental analysis, delving into the underlying economic factors influencing prices. However, the most successful traders often adopt a holistic … Read more
After facing strong selling pressure in July, gold and silver prices rebounded as the US dollar and real US bond yields rolled over. This rebound has, meanwhile, run into resistance as it was lacking the support from safe-haven seekers. Our base case remains that safe-haven demand should fade further, assuming that the US economy does … Read more
NEW DELHI: Gold prices were unchanged in Tuesday’s session as a weaker US dollar offset firm bond yields. Gold futures on MCX were trading lower by 0.04 per cent or Rs 18 at Rs 48,000 per 10 grams. Silver futures were down 0.18 per cent or Rs 114 at Rs 64,767 per kg. Ravi Singh, … Read more