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 […]
Silver prices have risen more than 150% in 2025, breaking multi-year highs and crossing the $75 per ounce mark. Unlike typical safe-haven rallies driven by risk aversion, this move is shaped by tangible physical market dynamics.The underlying driver appears to be a continued supply contraction rather than speculative euphoria. Multiple structural factors have converged in […]
The value of China’s only pure-play silver fund fell by the maximum daily limit of 10% on Thursday, ending a frenzied bull run that had prompted the manager to issue a rare series of warnings. The drop in UBS SDIC Silver Futures Fund LOF follows weeks of gains labeled as ‘unsustainable’ by the fund’s manager, […]
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 […]
New Delhi: Silver prices saw the sharpest one-day rise in almost two months, shooting up by ₹11,500 to hit a fresh peak of ₹1,92,000 per kilogram in the national capital on Wednesday amid robust domestic demand fueled by global cues. According to the All India Sarafa Association, the white metal closed at ₹1,80,500 per kilogram […]