Gold and silver witnessed one of their most dramatic selloffs last week, marking a sharp reversal from the record highs reached just days earlier. The plunge, which saw gold fall from above $5,587 to $4,403 and silver collapse by more than 30 to 36% in a matter of hours, was caused by a combination of […]
In a rare moment of synchronized carnage, gold prices in dollars have fallen 19%, silver has disintegrated 40% from all-time highs this week, and the Sensex and Nifty have already lost about 5% in 2025 amid relentless selling from foreign institutional investors and geopolitical tensions.The carnage accelerated today at the Multi Commodity Exchange (MCX), where […]
CME Group is raising margin requirements on Comex gold and silver futures after the metals experienced some of their steepest declines in decades. This move is aimed at securing market stability amid increased volatility.According to an exchange statement issued on Friday, margins for gold futures under the non-enhanced risk profile will be increased from the […]
Gold prices fell as much as 12% or Rs 20,514 in a single day on January 30, marking the worst one-day rout since March 2013 when prices on the MCX had fallen 9%.The drop came after US President Donald Trump announced Kevin Warsh as his choice for the next chairman of the Federal Reserve. The […]
Precious metals markets witnessed their most brutal sell-off in more than a decade on Friday, with silver plunging more than 15% in the worst single-day carnage since 2011 and gold plunging more than 7% in its steepest decline since 2013. Profit-taking and a rising dollar on the expectations of an aggressive new Federal Reserve chairman […]
As markets prepare for another eventful year, Deepak Shenoy, founder of Capital Mind, has shared a series of eye-catching predictions for 2025 covering India, commodities and the global economy. According to Shenoy, the Nifty could see a sharp rally, possibly rising 20% ​​to reach the 30,000 mark before next Diwali. “There will be low frenzied […]