Gold, silver price on May 30: Yellow metal price declines more than 1%, nears Rs 72,000

Gold, silver price on May 30: Yellow metal price declines more than 1%, nears Rs 72,000

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

Will silver prices cross Rs 1 lakh per kg post June 4 election verdict? A perfect storm is brewing

Will silver prices cross Rs 1 lakh per kg post June 4 election verdict? A perfect storm is brewing

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

Gold, silver price on May 23: Precious metal loses shine, price tumbles as interest rate fears jump

Gold, silver price on May 23: Precious metal loses shine, price tumbles as interest rate fears jump

Gold prices on the MCX hovered at Rs 71,779,681 per 10 grams on Friday, hitting an intraday low of Rs 71,550. In the international market, prices maintained a similar trend, hovering around $2,337.84 per ounce.  This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 90,562 per kg, hitting … Read more

Gold, silver price on May 23: Precious metal prices retreat from their record highs

Gold, silver price on May 23: Precious metal prices retreat from their record highs

Gold prices on the MCX hovered at Rs 72,681 per 10 grams on Wednesday, hitting an intraday low of Rs 72,111. In the international market, prices maintained a similar trend, hovering around $2,368.16 per ounce.  This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 92,840 per kg and … Read more

Gold, silver price on May 9: Precious metal prices stays weak in last session

Gold, silver price on May 9: Precious metal prices stays weak in last session

Gold prices on the MCX hovered at Rs 71,050 per 10 grams on Thursday, hitting an intraday low of Rs 71,034. In the international market, prices maintained a similar trend, hovering around $2,318.44 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 83,119 per kg and … Read more

Gold, silver price on May 6: Yellow metal sees a dip. Here’s what’s causing it

Gold, silver price on May 6: Yellow metal sees a dip. Here’s what’s causing it

Gold prices at the MCX on Monday hovered at Rs 71,141 per 10 grams, hitting an intraday low of Rs 70,849. In the international market, prices hovered around $2,318.47 per ounce. Meanwhile, silver hovered at Rs 81,750 per kg, hitting an intraday low of Rs 81,603 on the MCX. In the international market, the price … Read more

Physical gold vs gold mutual funds vs SGBs: What should you be going for?

Physical gold vs gold mutual funds vs SGBs: What should you be going for?

After a powering ascent that ended in reclaiming the coveted peak of Rs 73,000, gold is now pulling downwards. This reversal of fortunes begs a critical question: With the luster of gold seemingly fading, is it still a prudent investment for individuals investing in safe-heaven?  Apart from its sentimental value, it is also a preferred … Read more

Gold, silver price on April 29: Yellow metal sees first weekly loss in six weeks

Gold, silver price on April 29: Yellow metal sees first weekly loss in six weeks

Gold prices at the MCX on Monday were at Rs 71,230 per 10 grams, hitting an intraday low of Rs 71,147. In the international market, prices hovered around $2,330.99 per ounce. Meanwhile, silver hovered at Rs 82,347 per kg and hit an intraday low of Rs 82,230 on the MCX.  In the international market, the … Read more

Gold, silver price on April 25: Yellow metal in tight range, hovering around Rs 71,000

Gold, silver price on April 25: Yellow metal in tight range, hovering around Rs 71,000

Gold prices hovered on the MCX on Thursday at Rs 70,778 per 10 grams and hit an intraday low of Rs 70,631.  In the international market, prices were around $2,316.95 per ounce. Silver was at Rs 82,060 per kg, hitting an intraday low of Rs 81,501 on the MCX. In the international market, the price … Read more