Domestic gold prices traded positively in opening trade on Friday amid positive global cues as geopolitical tensions kept the yellow metal’s appeal intact. Gold futures on the MCX in April rose nearly Rs 400 per 10 gram or 0.24% to Rs 1,55,198. Meanwhile, March silver futures traded at Rs 2,44,390 per kg, up 1.24% or […]
Domestic gold recovered losses of around Rs 9,500 per 10 gram, or nearly 7%, after touching the day’s low of Rs 1,38,634 per 10 gram, to settle at Rs 1,48,104. As gold futures opened with a gap-up, prices came under sharp pressure amid profit booking ahead of the Budget 2026 announcements. The correction on the […]
Gold and silver delivered extraordinary performances in 2025, rising to multiple record highs in both the global and Indian markets. Globally, gold rose nearly 70% to break the $4,500/oz mark after surpassing $4,000 in October, while silver shot up more than 128% to above $80/oz.In India the momentum was even clearer. MCX gold futures rose […]
India’s gold consumption is expected to fall to 650-700 tonnes this year from 802.8 tonnes in 2024, after a price hike squeezed demand in one of the world’s biggest gold markets.The gold price has risen by more than 65% since January. The retail price of the yellow metal stood at Rs 1,32,394 per 10 grams […]