Precious metals tumbled in a brutal sell-off on Thursday, with silver plunging nearly 17% on Asian markets and Indian gold and silver ETFs plunging as much as 21%, as a resurgent dollar and easing geopolitical tensions punctured the parabolic rally that had gripped the precious metal for months.Spot silver fell as much as 17% on […]
Gold rose on Tuesday after breaking the $5,100 mark for the first time in the previous session, as safe-haven demand lingered amid geopolitical uncertainty, while silver also hovered near a record high. RAW MATERIALS * Spot gold rose 1.1% to $5,068.05 an ounce as of 0121 GMT, after hitting a record high of $5,110.50 the […]
Gold prices rose to a new record high, while silver traded just below its own all-time high, extending gains from the previous session. The rally followed the U.S. Supreme Court’s decision to delay any ruling on the legality of U.S. President Donald Trump’s trade tariffs, leading to renewed demand for safe havens for both precious […]
Gold and silver prices continued their record rise on Wednesday. Silver futures on the MCX rose to their new high of Rs 2,23,359/kg before falling slightly to Rs 2,22,500 per kilogram.Further, gold futures opened higher by Rs 362 or 0.26% at Rs 1,38,247/10 gram. Precious metals extended their upward momentum against the backdrop of rising […]
Domestic gold prices touched another record high of Rs 1,35,496 per 10 gram on Monday, rising sharply by around Rs 1,870 or 1.4% from the last close. While trading remained buoyant amid the growing appeal of ports and bullion investments, rates in India were further supported by the weakness of the rupee.The rupee weakened 0.2% […]
Domestic gold and silver prices hit new records on Friday, driven by a weaker rupee that hit a new low of 90.55 against the US dollar. February yellow metal futures rose by Rs 2,500 or 2% per 10 gram to hit a lifetime high of Rs 1,34,966 on the MCX, while March silver contracts rose […]
Gold edged higher on Tuesday even as investors retreated somewhat on US interest rate cuts. This reflected caution that the Federal Reserve could take a more aggressive tone on next year’s monetary easing at its upcoming policy meeting. RAW MATERIALS * Spot gold rose 0.1% to $4,194.83 an ounce as of 0146 GMT.* U.S. gold […]
According to the World Gold Council, gold has achieved a remarkable performance in 2025, rising more than 60% and hitting more than 50 all-time highs. The increase was driven by a powerful mix of geopolitical and economic uncertainties, a weaker US dollar and positive price momentum.The metal’s safe-haven appeal widened, attracting continued interest from both […]
Gold and silver prices opened slightly lower on Thursday, with futures of gold on the MCX trading at Rs 1,22,700 per 10 grams and silver at Rs 1,48,423 per kilogram. The small pullback comes amid global volatility and profit booking, following the bullion’s strong rally to record highs earlier this week. Despite the dip, both […]