Precious metals hit record highs again, posting gains for the ninth straight week. Gold ($4,254/ounce) rose 5.9 percent and silver ($51.90/ounce) rose 3.2 percent. In the domestic market, gold futures (₹1,27,008/10 gram) and silver futures (₹1,56,604/kg) rose 4.7 percent and 6.9 percent respectively. MCX-Gold (₹1,27,008) Gold futures hit an all-time high of ₹1,32,294 on Friday […]
Precious metals are likely to continue to see support in the coming months, driven by strong central bank demand, shifts in US monetary policy and supply constraints, said Nilesh Shah, managing director of Kotak AMC. “…for precious metals, there is central bank demand for gold and industrial equipment, plus potential central bank demand for silver. […]
Robert Kiyosaki, personal finance author and “Rich Dad Poor Dad” fame, a perennial bull on gold and silver, has reaffirmed his bullish stance on silver in a recent social media post, calling it and cryptocurrency Ethereum (ETH) “hot, hot, hot.” Kiyosaki, known for his long-standing advocacy of precious metals as a hedge against inflation and […]
Silver hit $51,235 an ounce on Thursday – the highest level in more than four decades – before gains fell. Gold fell further below $4,000 an ounce after signs a breakneck rally that took it to a record high may have been overdone, while silver rose to near its highest level since 1980. Bullion was […]
Gold prices for the Multi -Commodity Beurs (MCX) were firmly above the RS 1.20 Lakh marking on Tuesday, with December Futures Trade on RS 1.20,596 per 10 grams, an increase in RS 347 or 0.29%, amidst Goldman Sachs who hurts its dececent month in December 2026. Silver prices also came in higher, with December Futures […]
In the past two years I have written about rally in precious metals such as gold and silver. You can read my opinion that have been published here and here on this platform. I don’t write this to create, but to show how and why I told you that precious metals should find a place […]
The gold prizes held on Friday, but went on the way to a weekly loss after the hot inflation data rate-cut bets were cut, while the market focus shifted to conversations between US President Donald Trump and his Russian counterpart Vladimir Putin. Spotgoud had not changed much to $ 3,336.66 per ounce at 1:40 pm […]