Gold and silver traders can expect some fireworks on Monday after Israel launched a pre-emptive strike on Iran on Saturday with the help of the United States, plunging the Middle East into a new bout of military confrontation.The strike is expected to further dim hopes for a diplomatic solution to Tehran’s long-running nuclear dispute with […]
Gold and silver futures rallied on bargain hunting after weaker-than-expected US inflation data revived hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger-than-expected employment data earlier this week.On Friday, MCX silver futures for March 5, 2026 rose 3.62%, up from Rs 8,564 to Rs 2,44,999 per kg. Gold futures for April also […]
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 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 […]
Gold prices are poised to remain firm and could move closer to record highs next week as investors await key U.S. data, Fed Chairman Jerome Powell’s speech and the Reserve Bank of India’s policy decision, analysts said. “Gold is moving out of the consolidation range as investors focus on manufacturing and services PMI data from […]
Gold and silver prices opened in the green on Tuesday, rising as much as 1.2% on hopes of a Fed rate cut in December. December gold futures prices at MCX were trading Rs 1,070 or 0.86% higher at Rs 1,24,924/10 gram.Meanwhile, December silver futures contracts opened at Rs 1,56,380/kg, higher by Rs 1,898 or 1.23%. […]
Gold prices rose on Wednesday as bargain hunters intervened after the precious metal fell to its lowest level in three weeks in the previous session, with investors now awaiting the Federal Reserve’s interest rate decision later in the day. RAW MATERIALS * Spot gold rose 0.7% to $3,977.49 an ounce as of 0114 GMT, after […]
After a four-hour delay in the start of trading on the MCX, gold and silver futures opened lower on Tuesday, extending their losses for the second straight session, tracking weakness in global markets and reducing demand for safe havens. On the Multi-Commodity Exchange (MCX), gold futures traded at Rs 1,18,864 per 10 gram in December, […]
Shares of electronic trading platform Multi Commodity Exchange (MCX) fell as much as 2.2% to the day’s low of Rs 9,105 after it announced that trading had been halted and will commence in due course on Tuesday, instead of the usual opening time, due to a technical glitch. The exchange had initially asked members to […]
Gold prices fell below $4,000 an ounce on Monday as signs of a thaw in trade tensions between the US and China somewhat reduced the bullion’s appeal as market participants awaited the Federal Reserve’s interest rate decision this week. Gold fell 2.9% to $3,990.89 an ounce at 10:51 a.m. ET (1413 GMT). US gold futures […]